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Quarterly Financial Information (unaudited) (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
The following table contains selected financial information from unaudited statements of income for each quarter of 2016 and 2015.
 
Quarters Ended
 
2016
 
2015
 
Dec. 31
 
Sept. 30
 
June 30
 
Mar. 31
 
Dec. 31(b)
 
Sept. 30
 
June 30
 
Mar. 31
Revenues
$
193,281

 
$
194,497

 
$
188,972

 
$
179,293

 
$
158,916

 
$
150,845

 
$
146,295

 
$
134,966

Gross profit
92,817

 
93,480

 
86,936

 
82,118

 
73,222

 
71,833

 
68,253

 
63,879

Income before income taxes (a)
35,119

 
36,419

 
30,195

 
27,574

 
19,540

 
31,744

 
29,781

 
27,359

Net income (a)
31,196

 
35,430

 
25,007

 
18,224

 
8,618

 
20,142

 
18,836

 
17,273

Earnings per diluted share
$
0.80

 
$
0.91

 
$
0.65

 
$
0.47

 
$
0.23

 
$
0.55

 
$
0.52

 
$
0.48

Shares used in computing diluted
   earnings per share (a)
38,975

 
39,062

 
38,738

 
39,071

 
37,864

 
36,349

 
36,097

 
35,895

(a)
During fourth quarter 2016, we adopted ASU No. 2016-09 requiring the recognition of excess tax benefits as a component of income tax expense; these benefits were historically recognized in equity. As the standard required a prospective method of adoption, our fourth quarter 2016 net income includes a $9.2 million income tax benefit due to the adoption that did not occur in the comparable prior year periods presented above. The three months ended March 31, June 30, and September 30, 2016, respectively, have been adjusted for the newly adopted standard. Refer to Note 1 "Summary of Significant Accounting Policies" for further discussion of this new accounting standard.
(b)
Operating results for the three months ended December 31, 2015, include $5.9 million for financial advisory, legal, accounting, due diligence, valuation and other expenses necessary to complete the NWS acquisition as well as $3.5 million amortization expense related to NWS acquisition intangibles.