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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Revenue $ 255,799 $ 268,321 $ 505,931 $ 508,803
Cost of revenue 174,371 168,159 343,234 340,985
Gross profit 81,428 100,162 162,697 167,818
Selling, general and administrative expenses 54,207 51,566 107,823 103,972
Change in the fair value of Equator Earn Out 0 (7,591) 0 (7,591)
Income from operations 27,221 56,187 54,874 71,437
Other income (expense), net:        
Interest expense (5,988) (7,195) (12,529) (14,355)
Gain (loss) on HLSS equity securities and dividends received 0 1,431 0 (1,854)
Other income (expense), net 2,744 821 2,717 824
Total other income (expense), net (3,244) (4,943) (9,812) (15,385)
Income before income taxes and non-controlling interests 23,977 51,244 45,062 56,052
Income tax provision (3,291) (4,398) (5,484) (4,798)
Net income 20,686 46,846 39,578 51,254
Net income attributable to non-controlling interests (692) (896) (1,090) (1,606)
Net income attributable to Altisource $ 19,994 $ 45,950 $ 38,488 $ 49,648
Earnings per share:        
Basic (in usd per share) $ 1.08 $ 2.35 $ 2.06 $ 2.50
Diluted (in usd per share) $ 1.02 $ 2.22 $ 1.94 $ 2.38
Weighted average shares outstanding:        
Basic (in shares) 18,437 19,571 18,646 19,870
Diluted (in shares) 19,604 20,669 19,822 20,830
Comprehensive income:        
Unrealized loss on securities, net of income tax benefit of $3,249, $0, $2,960, $0 $ (7,871) $ 0 $ (7,172) $ 0
Comprehensive income, net of tax 12,815 46,846 32,406 51,254
Comprehensive income attributable to non-controlling interests (692) (896) (1,090) (1,606)
Comprehensive income attributable to Altisource $ 12,123 $ 45,950 $ 31,316 $ 49,648