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QUARTERLY FINANCIAL DATA
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL DATA
Summarized quarterly results for the two years ended December 31, 2015 and 2014 were as follows:
 
 
Three Months Ended 
2015
 
March 31 
 
June 30 
 
September 30 
 
December 31 
 
Full Year 
Revenues
 
$
200,045

 
$
217,781

 
$
236,049

 
$
260,253

 
$
914,128

Operating expenses:
 
  

 
 
 
 
 
 
 
 

Cost of revenues (exclusive of depreciation and amortization)
 
125,887

 
134,256

 
148,479

 
158,291

 
566,913

Selling, general and administrative expenses
 
46,938

 
55,976

 
55,431

 
64,414

 
222,759

Depreciation and amortization expense
 
4,200

 
3,903

 
4,393

 
4,899

 
17,395

Goodwill impairment loss
 

 

 

 

 

Other operating (income)/expenses, net
 
200

 
40

 
(30
)
 
884

 
1,094

Income from operations
 
22,820

 
23,606

 
27,776

 
31,765

 
105,967

Interest and other income, net
 
1,158

 
1,299

 
865

 
1,409

 
4,731

Change in fair value of contingent consideration
 

 

 

 

 

Foreign exchange (loss)/income
 
(5,754
)
 
(465
)
 
32

 
1,559

 
(4,628
)
Income before provision for income taxes
 
18,224

 
24,440

 
28,673

 
34,733

 
106,070

Provision for income taxes
 
3,510

 
5,209

 
5,800

 
7,095

 
21,614

Net income
 
$
14,714

 
$
19,231

 
$
22,873

 
$
27,638

 
$
84,456

Comprehensive income
 
$
11,984

 
$
22,905

 
$
14,532

 
$
21,939

 
$
71,360

Basic net income per share(1)
 
$
0.31

 
$
0.40

 
$
0.47

 
$
0.56

 
$
1.73

Diluted net income per share(1)
 
$
0.29

 
$
0.37

 
$
0.44

 
$
0.52

 
$
1.62

(1)
Earnings per share amounts for each quarter may not necessarily total to the yearly earnings per share due to the weighting of shares outstanding on a quarterly and year to date basis.
 
 
Three Months Ended 
2014
 
March 31 
 
June 30 
 
September 30 
 
December 31 
 
Full Year 
Revenues
 
$
160,384

 
$
174,695

 
$
192,764

 
$
202,184

 
$
730,027

Operating expenses:
 
 

 
 
 
 
 
 
 
 

Cost of revenues (exclusive of depreciation and amortization)
 
102,454

 
110,102

 
122,509

 
121,465

 
456,530

Selling, general and administrative expenses
 
32,359

 
38,671

 
42,875

 
49,761

 
163,666

Depreciation and amortization expense
 
3,689

 
5,451

 
5,510

 
2,833

 
17,483

Goodwill impairment loss
 

 

 

 
2,241

 
2,241

Other operating (income)/expenses, net
 
25

 
1,995

 
35

 
1,869

 
3,924

Income from operations
 
21,857

 
18,476

 
21,835

 
24,015

 
86,183

Interest and other income, net
 
976

 
1,164

 
1,261

 
1,368

 
4,769

Change in fair value of contingent consideration
 

 

 

 
(1,924
)
 
(1,924
)
Foreign exchange (loss)/income
 
(1,241
)
 
(1,239
)
 
(718
)
 
1,123

 
(2,075
)
Income before provision for income taxes
 
21,592

 
18,401

 
22,378

 
24,582

 
86,953

Provision for income taxes
 
4,228

 
3,587

 
3,338

 
6,159

 
17,312

Net income
 
$
17,364

 
$
14,814

 
$
19,040

 
$
18,423

 
$
69,641

Comprehensive income
 
$
13,787

 
$
17,708

 
$
10,780

 
$
7,115

 
$
49,390

Basic net income per share(1)
 
$
0.37

 
$
0.31

 
$
0.40

 
$
0.39

 
$
1.48

Diluted net income per share(1)
 
$
0.35

 
$
0.30

 
$
0.38

 
$
0.37

 
$
1.40

(1)
Earnings per share amounts for each quarter may not necessarily total to the yearly earnings per share due to the weighting of shares outstanding on a quarterly and year to date basis.