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Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue:      
Total revenue $ 717,945 $ 560,456 $ 509,557
Cost of revenue:      
Amortization of acquired technology 0 99 195
Total cost of revenue 362,772 263,719 246,072
Engineering and technology 30,931 19,332 19,614
Sales and marketing 126,205 111,361 102,798
General and administrative 78,529 60,124 52,668
Acquisition and integration 25,763 0 0
Depreciation 5,479 4,468 3,460
Amortization of other acquired intangible assets 37,357 33,487 33,807
Impairment of indefinite-live intangible assets (excluding goodwill) 50,900    
Impairment of intangible asset 50,900 0 0
Restructuring 0 288 3,101
Total operating expenses 717,936 492,779 461,520
Operating income 9 67,677 48,037
Other loss, net (16,915) (15,797) (44,551)
Income (loss) before income taxes (16,906) 51,880 3,486
Income tax benefit (expense) 65,054 (311) 25,890
Net income (loss) 48,148 51,569 29,376
Net income attributable to noncontrolling interests 0 (935) (2,337)
Net income attributable to Blucora, Inc. $ 48,148 $ 50,634 $ 27,039
Net income (loss) per share attributable to Blucora, Inc.:      
Basic net income (loss) per share (in USD per share) [1] $ 1.00 $ 0.94 $ 0.61
Diluted net income (loss) per share (in USD per share) [1] $ 0.98 $ 0.90 $ 0.57
Weighted average shares outstanding:      
Basic (in shares) [1] 48,264 47,394 44,370
Diluted (in shares) [1] 49,282 49,381 47,211
Comprehensive income (loss):      
Net income $ 48,148 $ 51,569 $ 29,376
Other comprehensive income (loss) 174 (442) 377
Comprehensive income 48,322 51,127 29,753
Comprehensive income attributable to noncontrolling interests 0 (935) (2,337)
Comprehensive income attributable to Blucora, Inc. 48,322 50,192 27,416
Wealth management services      
Revenue:      
Total revenue 507,979 373,174 348,620
Cost of revenue:      
Cost of revenue 352,081 253,580 235,859
Tax preparation services      
Revenue:      
Total revenue 209,966 187,282 160,937
Cost of revenue:      
Cost of revenue $ 10,691 $ 10,040 $ 10,018
[1]
Net income per share for the year ended December 31, 2018 included the noncontrolling interest redemption impact discussed further in Note 2—Summary of Significant Accounting Policies and in Note 17—Net Income Per Share.