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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Portal revenues $ 74,997 $ 70,123 $ 223,707 $ 207,067
Software & services revenues 5,376 4,924 15,866 14,151
Total revenues 80,373 75,047 239,573 221,218
Operating expenses:        
Cost of portal revenues, exclusive of depreciation & amortization 45,140 41,058 134,878 125,367
Cost of software & services revenues, exclusive of depreciation & amortization 1,495 1,365 4,353 3,976
Selling & administrative 11,676 10,577 34,183 31,933
Depreciation & amortization 1,674 2,116 5,074 6,712
Total operating expenses 59,985 55,116 178,488 167,988
Operating income (loss) before income taxes 20,388 19,931 61,085 53,230
Income tax provision (Note 4) 4,153 7,181 18,895 20,236
Net income $ 16,235 $ 12,750 $ 42,190 $ 32,994
Basic net income per share (Note 1) $ 0.24 $ 0.19 $ 0.63 $ 0.50
Diluted net income per share (Note 1) $ 0.24 $ 0.19 $ 0.63 $ 0.50
Weighted average shares outstanding:        
Basic 65,978 65,618 65,890 65,532
Diluted 66,005 65,637 65,915 65,549