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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues $ 612,401 $ 567,339 $ 1,176,092 $ 1,064,962
Cost of revenues 421,318 393,283 800,899 733,842
Gross profit 191,083 174,056 375,193 331,120
Operating expenses        
Sales and marketing 48,845 40,974 93,493 82,511
Product development 40,931 33,022 81,376 66,062
General and administrative 35,118 33,285 68,449 66,342
Amortization of intangible assets 16,197 16,766 31,794 34,577
Restructuring 1,907 0 1,907 0
Total operating expenses 142,998 124,047 277,019 249,492
Operating income 48,085 50,009 98,174 81,628
Other income (expense)        
Interest income 168 111 476 278
Interest expense (11,420) (13,965) (23,534) (28,888)
Other income (expense), net (2,477) (425) (4,073) (1,017)
Total other income (expense) (13,729) (14,279) (27,131) (29,627)
Income before income taxes 34,356 35,730 71,043 52,001
Income tax (provision) benefit 80 (10,419) (9,487) (1,440)
Net income $ 34,436 $ 25,311 $ 61,556 $ 50,561
Earnings per common share-Basic $ 0.85 $ 0.63 $ 1.52 $ 1.26
Earnings per common share-Diluted $ 0.84 $ 0.61 $ 1.50 $ 1.23
Weighted average common shares outstanding-Basic 40,670 40,329 40,608 40,261
Weighted average common shares outstanding-Diluted 41,077 41,161 41,059 41,011