XML 17 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Unaudited Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Weighted Average Number of Shares Outstanding, Basic 31,485,599 30,726,554 31,369,077 30,603,641
Revenue $ 44,404 $ 62,025 $ 144,799 $ 178,633
Fee revenue 21,116 23,163 63,851 59,308
Total revenue 65,520 85,188 208,650 237,941
Costs and expenses:        
Cost of goods sold (excluding amortization) 30,413 39,292 97,248 106,102
Client distributions 5,189 2,663 14,697 7,526
Technology and operations 19,639 22,541 62,607 70,026
Sales and marketing 8,273 9,967 27,410 28,575
General and administrative 8,751 9,042 26,836 29,576
Depreciation and amortization 1,365 1,616 4,228 4,948
Acquisition costs 0 0 0 39
Total costs and expenses 73,630 85,121 233,026 246,792
Other operating expense 652 0 1,044 0
(Loss) income from operations (8,762) 67 (25,420) (8,851)
Interest (income) expense and other expense, net (189) 208 (291) (242)
Loss before provision (benefit) for income taxes (8,573) (141) (25,129) (8,609)
Provision (benefit) for income taxes 41 (17) 91 (2,438)
Net loss $ (8,614) $ (124) $ (25,220) $ (6,171)
Basic and diluted loss per common share (USD per share) $ (0.27) $ 0.00 $ (0.80) $ (0.20)
Basic and diluted weighted average shares outstanding (in shares) 31,485,599 30,726,554 31,369,077 30,603,641