XML 15 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
Wireless $ 27,859 $ 30,222 $ 56,031 $ 60,912
Software 16,776 17,747 33,992 35,195
Total revenue 44,635 47,969 90,023 96,107
Operating expenses:        
Cost of revenue 7,513 9,131 15,528 17,944
Service, rental and maintenance 11,399 11,003 22,612 22,260
Selling and marketing 6,429 6,790 12,957 13,838
General and administrative 10,439 10,472 20,949 21,473
Severance 0 1,504 (3) 1,504
Depreciation, amortization and accretion 3,235 3,448 6,558 7,195
Total operating expenses 39,015 42,348 78,601 84,214
Operating income 5,620 5,621 11,422 11,893
Interest income 61 3 109 2
Other income 104 264 357 325
Income before income tax expense 5,785 5,888 11,888 12,220
Income tax expense (2,334) (2,512) (4,993) (4,927)
Net income $ 3,451 $ 3,376 $ 6,895 $ 7,293
Basic net income per common share (usd per share) $ 0.17 $ 0.16 $ 0.33 $ 0.33
Diluted net income per common share (usd per share) $ 0.17 $ 0.16 $ 0.33 $ 0.33
Basic weighted average common shares outstanding (shares) 20,544,327 21,677,299 20,614,023 21,787,434
Diluted weighted average common shares outstanding (shares) 20,705,206 21,735,829 20,831,740 21,843,591
Cash dividends declared per common share (usd per share) $ 0.125 $ 0.125 $ 0.25 $ 0.250