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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues        
Portal revenues $ 76,434 $ 74,997 $ 232,963 $ 223,707
Software & services revenues 8,099 5,376 20,073 15,866
Total revenues 84,533 80,373 253,036 239,573
Operating expenses        
Cost of portal revenues, exclusive of depreciation & amortization 47,377 45,140 143,326 134,878
Cost of software & services revenues, exclusive of depreciation & amortization 3,169 1,495 6,803 4,353
Selling & administrative 12,091 11,676 36,882 34,183
Depreciation & amortization 1,810 1,674 5,111 5,074
Total operating expenses 64,447 59,985 192,122 178,488
Operating income before income taxes 20,086 20,388 60,914 61,085
Income tax provision (Notes 1 and 6) 6,066 4,153 20,140 18,895
Net income $ 14,020 $ 16,235 $ 40,774 $ 42,190
Basic net income per share (in usd per share) $ 0.21 $ 0.24 $ 0.61 $ 0.63
Diluted net income per share (in usd per share) $ 0.21 $ 0.24 $ 0.61 $ 0.63
Weighted average shares outstanding        
Basic (in shares) 66,267 65,978 66,188 65,890
Diluted (in shares) 66,267 66,005 66,188 65,915