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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Operating revenue $ 191,736 $ 154,305 $ 728,111 $ 403,493
Operating expenses:        
Cost of services provided 120,799 85,976 519,360 192,526
Product development 10,151 8,775 29,838 26,530
Sales and marketing 3,417 3,375 10,636 10,637
General and administrative, net 25,399 20,888 70,071 65,596
Amortization and depreciation 3,834 3,392 11,619 10,142
Total operating expenses 163,600 122,406 641,524 305,431
Operating income 28,136 31,899 86,587 98,062
Interest income 24 29 49 112
Interest expense (10,985) (7,495) (29,526) (23,879)
Non-operating (loss) income (1,262) (4) (2,516) 95
Foreign currency exchange (loss) gain (160) (597) (776) 112
Income before income taxes 15,753 23,832 53,818 74,502
Income tax (expense) benefit (730) 152 (2,559) (2,809)
Net income including noncontrolling interest 15,023 23,984 51,259 71,693
Net loss attributable to noncontrolling interest (428) (698) (1,504) (1,187)
Net income attributable to Ebix, Inc. $ 15,451 $ 24,682 $ 52,763 $ 72,880
Basic earnings per common share attributable to Ebix, Inc. (in dollars per share) $ 0.50 $ 0.81 $ 1.72 $ 2.39
Diluted earnings per common share attributable to Ebix, Inc. (in dollars per share) $ 0.50 $ 0.80 $ 1.72 $ 2.37
Basic weighted average shares outstanding (in shares) 30,646 30,525 30,595 30,502
Diluted weighted average shares outstanding (in shares) 30,701 30,853 30,650 30,748