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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenue $ 146,791 $ 133,313 $ 288,216 $ 247,046
Cost of services:        
Compensation 55,188 51,853 111,267 100,773
Information technology 14,240 11,281 26,503 21,064
Occupancy 4,014 4,230 8,397 7,777
Direct project expenses 10,908 10,101 20,991 20,544
Other operating expenses 7,051 6,562 13,616 13,765
Amortization of acquisition related software and intangible assets 9,621 7,372 17,753 13,658
Total cost of services 101,022 91,399 198,527 177,581
Selling, general and administrative expenses 26,532 27,553 58,530 51,161
Settlement expense 20,000 20,000
Total operating expenses 147,554 118,952 277,057 228,742
Operating (loss)/income (763) 14,361 11,159 18,304
Interest expense (3,034) (2,339) (5,682) (4,625)
Interest income 188 33 308 188
(Loss)/income before income taxes (3,609) 12,055 5,785 13,867
Income taxes (242) 5,538 2,761 5,908
Net (loss)/income $ (3,367) $ 6,517 $ 3,024 $ 7,959
Basic income per common share:        
Net (loss)/income per common share -- basic (in dollars per share) $ (0.04) $ 0.08 $ 0.04 $ 0.10
Diluted income per common share:        
Net (loss)/income per common share -- diluted (in dollars per share) $ (0.04) $ 0.08 $ 0.04 $ 0.09
Weighted average shares:        
Basic (in shares) 83,231 83,921 83,222 83,708
Diluted (in shares) 83,231 85,826 84,837 85,534