XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Operating revenue $ 242,761 $ 286,253
Operating expenses:    
Cost of services provided 156,479 210,843
Product development 9,983 10,258
Sales and marketing 3,331 3,765
General and administrative, net 37,467 26,913
Amortization and depreciation 5,016 4,364
Total operating expenses 212,276 256,143
Operating income 30,485 30,110
Interest income 81 62
Interest expense (22,264) (10,251)
Non-operating (loss) income (330) (734)
Foreign currency exchange gain (loss) (1,220) 894
Income before income taxes 6,752 20,081
Income tax (expense) benefit (623) (1,704)
Net income including noncontrolling interest 6,129 18,377
Net loss attributable to noncontrolling interest (944) (814)
Net income attributable to Ebix, Inc. $ 7,073 $ 19,191
Basic earnings per common share attributable to Ebix, Inc. (in dollars per share) $ 0.23 $ 0.62
Diluted earnings per common share attributable to Ebix, Inc. (in dollars per share) $ 0.23 $ 0.62
Basic weighted average shares outstanding (in shares) 30,841 30,712
Diluted weighted average shares outstanding (in shares) 30,842 30,762