Selected Quarterly Financial Data

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

Selected Quarterly Financial Data

Selected Quarterly Financial Data (unaudited)

	Fiscal Quarter Ended
	March 31, 2015			June 30, 2015			September 30, 2015			December 31, 2015			March 31, 2016			June 30, 2016			September 30, 2016			December 31, 2016
	(in thousands, except per share amounts)
Revenues:
Healthcare	$	47,289		$	43,814		$	42,204		$	43,266		$	50,370		$	48,070		$	48,478		$	55,979
Commuter	15,897			16,028			16,003			15,967			17,376			17,383			17,580			17,824
COBRA	12,570			12,313			12,229			14,187			15,406			17,879			18,670			23,291
Other	9,540			10,602			12,724			9,683			3,850			4,393			4,196			3,968
Total revenues	85,296			82,757			83,160			83,103			87,002			87,725			88,924			101,062
Operating expenses:
Cost of revenues (excluding amortization of internal use software)	32,071			29,775			26,364			28,960			31,260			28,411			30,566			39,987
Technology and development, sales and marketing, general and administrative, and employee termination and other charges	37,281			39,472			37,147			35,687			38,366			42,985			41,972			44,323
Amortization and change in contingent consideration	6,279			6,732			6,935			7,672			7,445			11,695			6,944			8,013
Total operating expenses	75,631			75,979			70,446			72,319			77,071			83,091			79,482			92,323
Income from operations	9,665			6,778			12,714			10,784			9,931			4,634			9,442			8,739
Other, net	(507		)	(370		)	(281		)	(796		)	(323		)	(306		)	(326		)	390
Income before income taxes	9,158			6,408			12,433			9,988			9,608			4,328			9,116			9,129
Income tax provision	(3,519		)	(2,890		)	(4,835		)	(3,793		)	(3,812		)	(1,475		)	(3,222		)	(3,467		)
Net income	$	5,639		$	3,518		$	7,598		$	6,195		$	5,796		$	2,853		$	5,894		$	5,662
Net income per share:
Basic	$	0.16		$	0.10		$	0.21		$	0.17		$	0.16		$	0.08		$	0.16		$	0.15
Diluted	$	0.15		$	0.10		$	0.21		$	0.17		$	0.16		$	0.08		$	0.16		$	0.15
Shares used in computing net income per share:
Basic	35,555			35,761			35,880			35,936			35,916			36,361			36,605			36,727
Diluted	36,668			36,596			36,516			36,597			36,529			37,195			37,454			37,652