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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue $ 94,290 $ 55,136 $ 189,003 $ 106,071
Costs and expenses:        
Cost of revenue (exclusive of depreciation shown separately below) 3,464 1,991 6,937 3,966
Selling and marketing expense 64,538 36,877 129,597 69,714
General and administrative expense 8,553 7,039 17,812 14,267
Product development 3,781 2,390 7,666 4,563
Depreciation 1,174 717 2,172 1,371
Amortization of intangibles 72 37 97 99
Restructuring and severance 72 388 72 394
Litigation settlements and contingencies (79) (1,078) 90 (796)
Total costs and expenses 81,575 48,361 164,443 93,578
Operating income 12,715 6,775 24,560 12,493
Other income (expense):        
Interest (expense) income (141) (64) (283) (62)
Income before income taxes 12,574 6,711 24,277 12,431
Income tax expense (3,572) (272) (8,370) (579)
Net income from continuing operations 9,002 6,439 15,907 11,852
Loss from discontinued operations, net of tax (1,150) (1,717) (2,353) (1,943)
Net income and comprehensive income $ 7,852 $ 4,722 $ 13,554 $ 9,909
Weighted average shares outstanding:        
Basic 11,795 11,382 11,863 11,343
Diluted 12,730 12,334 12,800 12,257
Income per share from continuing operations:        
Basic (in dollars per share) $ 0.76 $ 0.57 $ 1.34 $ 1.04
Diluted (in dollars per share) 0.71 0.52 1.24 0.97
Loss per share from discontinued operations:        
Basic (in dollars per share) (0.10) (0.15) (0.20) (0.17)
Diluted (in dollars per share) (0.09) (0.14) (0.18) (0.16)
Income per share attributable to common shareholders:        
Basic (in dollars per share) 0.67 0.41 1.14 0.87
Diluted (in dollars per share) $ 0.62 $ 0.38 $ 1.06 $ 0.81