XML 18 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Healthcare $ 202,897 $ 176,573 $ 155,989
Commuter 70,163 63,895 61,776
COBRA 75,246 51,299 31,996
Other 16,407 42,549 18,071
Total revenues 364,713 334,316 267,832
Operating expenses:      
Cost of revenues (excluding amortization of internal use software) 130,224 117,170 100,226
Technology and development 45,271 43,041 27,741
Sales and marketing 57,496 50,540 44,940
General and administrative 63,732 54,093 42,884
Amortization and change in contingent consideration 34,097 27,618 20,992
Employee termination and other charges 1,147 1,913 0
Total operating expenses 331,967 294,375 236,783
Income from operations 32,746 39,941 31,049
Other income (expense):      
Interest income 406 153 5
Interest expense (2,192) (1,925) (1,612)
Other income (expense) 1,221 (182) 743
Income before income taxes 32,181 37,987 30,185
Income tax provision (11,976) (15,037) (11,943)
Net income $ 20,205 $ 22,950 $ 18,242
Net income per share:      
Basic (in dollars per share) $ 0.56 $ 0.64 $ 0.52
Diluted (in dollars per share) $ 0.54 $ 0.63 $ 0.50
Shares used in computing net income per share:      
Basic (in shares) 36,404 35,784 35,145
Diluted (in shares) 37,210 36,595 36,330