XML 14 R3.htm IDEA: XBRL DOCUMENT  v2.3.0.11
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenue $ 89,346 $ 70,726 $ 171,803 $ 135,678
Cost of services:        
Compensation 31,531 25,391 62,842 49,180
Data processing 5,652 4,296 10,634 8,115
Occupancy 3,726 2,809 7,534 6,150
Direct project costs 11,064 8,204 20,653 15,778
Other operating costs 4,597 3,945 8,811 7,173
Amortization of acquisition related software and intangibles 1,648 1,398 3,388 2,901
Total cost of services 58,218 46,043 113,862 89,297
Selling, general and administrative expenses 10,668 9,498 21,372 18,480
Total operating expenses 68,886 55,541 135,234 107,777
Operating income 20,460 15,185 36,569 27,901
Interest expense (23) (23) (46) (46)
Other income, net 277   549  
Interest income 16 24 36 41
Income before income taxes 20,730 15,186 37,108 27,896
Income taxes 8,307 6,074 14,869 11,205
Net income $ 12,423 $ 9,112 $ 22,239 $ 16,691
Basic income per common share        
Net income per share - basic (in dollars per share) $ 0.15 $ 0.11 $ 0.26 $ 0.21
Diluted income per share        
Net income per share - diluted (in dollars per share) $ 0.14 $ 0.11 $ 0.26 $ 0.20
Weighted average shares:        
Basic (in shares) 83,925 81,320 84,186 81,040
Diluted (in shares) 86,720 85,088 87,112 84,812