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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues: $ 354,205 $ 344,900 $ 336,508
Operating expenses:      
Depreciation & amortization 12,610 9,117 6,929
Total operating expenses 291,786 269,840 258,171
Operating income (loss) 62,419 75,060 78,337
Other income:      
Interest income 2,514 616 0
Income before income taxes 64,933 75,676 78,337
Income tax provision 14,503 17,407 26,723
Net income $ 50,430 $ 58,269 $ 51,614
Basic net income per share (in usd per share) $ 0.75 $ 0.87 $ 0.77
Diluted net income per share (in usd per share) $ 0.75 $ 0.87 $ 0.77
Weighted average shares outstanding:      
Basic (in shares) 66,884 66,499 66,209
Diluted (in shares) 66,884 66,560 66,266
State Enterprise Revenues      
Revenues: $ 320,700 $ 320,584 $ 311,351
Operating expenses:      
State enterprise cost of revenues, exclusive of depreciation & amortization 203,694 194,989 191,572
Software & services      
Revenues: 33,505 24,316 25,157
Operating expenses:      
State enterprise cost of revenues, exclusive of depreciation & amortization 13,432 9,043 8,890
Selling and administrative      
Operating expenses:      
Selling & administrative and product support 35,200 32,747 31,351
Enterprise technology & product support      
Operating expenses:      
Selling & administrative and product support $ 26,850 $ 23,944 $ 19,429