XML 66 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
REVENUE:      
Operating revenue $ 344,750 $ 261,265 $ 217,595
Reimbursable expenses 28,335 22,061 29,571
Total Revenue 373,085 283,326 247,166
OPERATING EXPENSE:      
Direct cost of operating revenue (exclusive of depreciation and amortization shown separately below) 145,629 90,954 72,004
Reimbursed direct costs 27,426 21,773 28,686
General and administrative 117,023 97,779 85,645
Depreciation and software and leasehold amortization 27,399 23,081 20,391
Amortization of identifiable intangible assets 26,588 21,323 9,190
Fair value adjustment to contingent consideration (17,188) (7,166)  
Acquisition related (income) expense (200) 7,681 2,125
Intangible asset impairment expense 1,777 1,278  
Other operating (income) expense (20)   656
Total Operating Expense 328,434 256,703 218,697
INCOME FROM OPERATIONS 44,651 26,623 28,469
INTEREST EXPENSE (INCOME):      
Interest expense 9,263 5,844 1,931
Interest income (18) (128) (32)
Net Interest Expense 9,245 5,716 1,899
INCOME BEFORE INCOME TAXES 35,406 20,907 26,570
PROVISION FOR INCOME TAXES 12,979 8,827 12,641
NET INCOME $ 22,427 $ 12,080 $ 13,929
NET INCOME PER SHARE INFORMATION:      
Basic (in dollars per share) $ 0.62 $ 0.34 $ 0.38
Diluted (in dollars per share) $ 0.61 $ 0.33 $ 0.36
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:      
Basic (in shares) 35,497 35,186 36,498
Diluted (in shares) 36,373 36,506 39,512
Cash dividends declared per common share (in dollars per share) $ 0.385 $ 0.205 $ 0.07