XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME        
Revenues $ 68,349 $ 51,929 $ 202,942 $ 162,212
Operating expenses        
Direct costs and expenses for advisors 38,214 30,959 119,153 98,433
Selling, general and administrative 23,710 16,613 68,815 52,428
Depreciation and amortization 2,951 1,741 9,773 5,386
Operating income 3,474 2,616 5,201 5,965
Interest income 15   94 24
Interest expense (1,716) (596) (5,132) (1,590)
Foreign currency transaction loss (111) (38) (292) (300)
Income (loss) before taxes 1,662 1,982 (129) 4,099
Income tax provision (benefit) 234 1,226 (681) 2,331
Net income 1,428 756 552 1,768
Net income attributable to non-controlling interest   24 32 123
Net income attributable to ISG $ 1,428 $ 732 $ 520 $ 1,645
Weighted average shares outstanding:        
Basic (in shares) 43,305 35,707 42,893 36,219
Diluted (in shares) 44,658 36,873 43,344 36,977
Earnings per share attributable to ISG:        
Basic (in dollars per share) $ 0.03 $ 0.02 $ 0.01 $ 0.05
Diluted (in dollars per share) $ 0.03 $ 0.02 $ 0.01 $ 0.05
Comprehensive income:        
Net income $ 1,428 $ 756 $ 552 $ 1,768
Foreign currency translation, net of tax (expense) benefit of $(232), $(22), $(1,161) and $44, respectively. 601 100 1,950 (9)
Comprehensive income 2,029 856 2,502 1,759
Comprehensive income attributable to non-controlling interest   24 32 123
Comprehensive income attributable to ISG $ 2,029 $ 832 $ 2,470 $ 1,636