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Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Healthcare $ 42,204 $ 38,600 $ 133,307 $ 116,176
Commuter 16,003 15,078 47,928 46,171
COBRA 12,229 9,544 37,112 17,283
Other 12,724 4,776 32,866 9,745
Total revenue 83,160 67,998 251,213 189,375
Operating expenses:        
Cost of revenues (excluding amortization of internal use software) 26,364 24,951 88,210 68,905
Technology and development 11,560 8,242 33,928 18,739
Sales and marketing 12,824 12,059 38,445 30,758
General and administrative 12,875 10,470 39,559 30,941
Amortization and change in contingent consideration 6,935 5,688 19,946 14,657
Employee termination and other charges (112)   1,968  
Total operating expenses 70,446 61,410 222,056 164,000
Income from operations 12,714 6,588 29,157 25,375
Other income (expense):        
Interest income 66 1 85 3
Interest expense (339) (499) (1,523) (1,010)
Other income (expense) (8) 713 280 737
Income before income taxes 12,433 6,803 27,999 25,105
Income tax provision (4,835) (2,690) (11,244) (9,961)
Net income $ 7,598 $ 4,113 $ 16,755 $ 15,144
Basic net income per share $ 0.21 $ 0.12 $ 0.47 $ 0.43
Diluted net income per share $ 0.21 $ 0.11 $ 0.46 $ 0.42
Shares used in basic net income per share calculations 35,880 35,234 35,733 35,062
Shares used in diluted net income per share calculations 36,516 36,152 36,595 36,267