XML 72 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]      
Revenue $ 1,051,466 $ 1,078,916 $ 768,357
Cost of revenue 687,327 707,180 492,480
Gross profit 364,139 371,736 275,877
Selling, general and administrative expenses 220,868 201,733 113,810
Impairment losses 71,785 37,473 0
Business Combination, Contingent Consideration Arrangement - Equator (7,591) (37,924) 0
Income from operations 79,077 170,454 162,067
Other income (expense), net:      
Interest expense (28,208) (23,363) (20,291)
Loss on sale of HLSS equity securities, net of dividends received (1,854) 0 0
Other income (expense), net 4,045 174 557
Total other income (expense), net (26,017) (23,189) (19,734)
Income before income taxes and non-controlling interests 53,060 147,265 142,333
Income tax provision (8,260) (10,178) (8,540)
Net income 44,800 137,087 133,793
Net income attributable to non-controlling interests (3,202) (2,603) (3,820)
Net income attributable to Altisource $ 41,598 $ 134,484 $ 129,973
Earnings per share:      
Basic (in dollars per share) $ 2.13 $ 6.22 $ 5.63
Diluted (in dollars per share) $ 2.02 $ 5.69 $ 5.19
Weighted average shares outstanding:      
Basic (in shares) 19,504 21,625 23,072
Diluted (in shares) 20,619 23,634 25,053
Transactions with related parties included above:      
Revenue   $ 666,800 $ 502,087
Cost of revenue   38,610 19,983
Selling, general and administrative expenses   (268) 569
Other income   $ 0 $ 773