XML 25 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue $ 32,465 $ 30,013 $ 95,359 $ 89,047
Operating expenses:        
Direct, exclusive of depreciation and amortization 12,109 11,780 35,269 35,685
Selling, general and administrative, exclusive of depreciation and amortization 8,706 7,679 24,732 23,486
Depreciation and amortization 1,430 1,388 4,285 3,996
Total operating expenses 22,245 20,847 64,286 63,167
Operating income 10,220 9,166 31,073 25,880
Other income (expense):        
Interest income 10 3 24 57
Interest expense (510) (544) (1,613) (990)
Other, net 89 (242) (330) 222
Total other (expense) income (411) (783) (1,919) (711)
Income before income taxes 9,809 8,383 29,154 25,169
Provision for income taxes 1,690 1,391 5,446 2,923
Net income $ 8,119 6,992 $ 23,708 22,246
Denominator for net income per share - basic:        
Basic earnings per share (in dollars per share) $ 0.33   $ 0.95  
Numerator for net income per share - diluted:        
Diluted earnings per share (in dollars per share) $ 0.31   $ 0.92  
Weighted average shares and share equivalents outstanding:        
Weighted average shares and share equivalents outstanding, basic (in shares) 24,827   24,794  
Weighted average shares and share equivalents outstanding, diluted (in shares) 25,741   25,624  
Common Class A [Member]        
Other income (expense):        
Net income   $ 6,992   $ 17,622
Denominator for net income per share - basic:        
Basic earnings per share (in dollars per share)   $ 0.28   $ 0.76
Numerator for net income per share - diluted:        
Diluted earnings per share (in dollars per share)   $ 0.27   $ 0.73
Weighted average shares and share equivalents outstanding:        
Weighted average shares and share equivalents outstanding, basic (in shares)   24,671   23,184
Weighted average shares and share equivalents outstanding, diluted (in shares)   25,526   24,083
Common Class B [Member]        
Other income (expense):        
Net income       $ 4,624
Denominator for net income per share - basic:        
Basic earnings per share (in dollars per share)     $ 1.31
Numerator for net income per share - diluted:        
Diluted earnings per share (in dollars per share)     $ 1.27
Weighted average shares and share equivalents outstanding:        
Weighted average shares and share equivalents outstanding, basic (in shares)     3,527
Weighted average shares and share equivalents outstanding, diluted (in shares)     3,628