XML 34 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Income Statement [Abstract]        
Operating revenue $ 51,476 $ 51,004 $ 102,880 $ 103,570
Operating expenses:        
Cost of services provided 9,964 10,358 19,576 20,249
Product development 6,758 6,724 13,451 13,759
Sales and marketing 3,784 3,827 7,085 7,739
General and administrative 11,068 8,253 20,909 18,224
Amortization and depreciation 2,441 2,548 4,993 5,000
Total operating expenses 34,015 31,710 66,014 64,971
Operating income 17,461 19,294 36,866 38,599
Interest income 130 91 265 184
Interest expense (211) (281) (458) (643)
Non-operating income - put options (139) (1,425) 315 (1,343)
Foreign currency exchange loss (336) (123) (455) (293)
Income before income taxes 16,905 17,556 36,533 36,504
Income tax expense (3,326) (4,014) (7,537) (5,618)
Net income $ 13,579 $ 13,542 $ 28,996 $ 30,886
Basic earnings per common share $ 0.35 $ 0.36 $ 0.76 $ 0.83
Diluted earnings per common share $ 0.35 $ 0.35 $ 0.75 $ 0.80
Basic weighted average shares outstanding 38,427 37,210 38,373 37,189
Diluted weighted average shares outstanding 38,647 38,789 38,624 38,784