XML 52 R3.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Income Statement [Abstract]        
Wireless Revenue, net $ 33,518 $ 37,771 $ 67,869 $ 76,550
Software Revenue, net 15,576 14,497 31,344 28,848
Revenues:        
Total revenues 49,094 52,268 99,213 105,398
Operating expenses:        
Cost of revenue 7,180 6,961 13,985 13,628
Service, rental and maintenance 11,420 12,018 23,212 24,209
Selling and marketing 7,780 6,538 15,026 12,932
General and administrative 10,990 11,022 23,125 23,353
Severance and restructuring 4 2 24 2
Depreciation, amortization and accretion 4,352 3,822 8,381 7,629
Total operating expenses 41,726 40,363 83,753 81,753
Operating income 7,368 11,905 15,460 23,645
Interest expense, net (64) (64) (131) (128)
Other (expense) income, net (194) (75) (178) 6
Income before income tax expense 7,110 11,766 15,151 23,523
Income tax expense (2,819) (4,938) (5,970) (9,770)
Net income $ 4,291 $ 6,828 $ 9,181 $ 13,753
Basic net income per common share $ 0.20 $ 0.32 $ 0.42 $ 0.63
Diluted net income per common share $ 0.19 $ 0.31 $ 0.42 $ 0.63
Basic weighted average common shares outstanding 21,642,163 21,644,281 21,640,191 21,666,096
Diluted weighted average common shares outstanding 22,099,791 21,827,149 22,073,254 21,921,742
Cash dividends declared per common share $ 0.125 $ 0.125 $ 0.250 $ 0.250