XML 70 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Income and Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Revenues $ 31,416 $ 29,972
Cost of revenues [1] 8,151 7,012
Gross profit 23,265 22,960
Operating expenses:    
Selling and marketing [1] 12,949 12,446
Product development [1] 2,032 1,987
General and administrative [1] 3,355 3,022
Depreciation and amortization, excluding depreciation of $171, $13, included in cost of revenues 1,345 1,130
Total operating expenses 19,681 18,585
Operating income 3,584 4,375
Interest and other expense, net (469) (137)
Income before provision for income taxes 3,115 4,238
Provision for income taxes 908 948
Net income 2,207 3,290
Other comprehensive (loss) income, net of tax:    
Unrealized loss on investments (net of tax provision of $37, $0) (132)  
Foreign currency translation (loss) gain (53) 41
Other comprehensive (loss) gain (185) 41
Comprehensive income $ 2,022 $ 3,331
Net income per common share:    
Basic $ 0.08 $ 0.12
Diluted $ 0.08 $ 0.12
Weighted average common shares outstanding:    
Basic 28,004 27,805
Diluted 28,440 28,206
[1] Amounts include stock-based compensation expense as follows:  Cost of revenues $68 $40 Selling and marketing 2,188 1,691 Product development 196 92 General and administrative 976 639