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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, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue $ 152,773 $ 94,290 $ 285,288 $ 189,003
Costs and expenses:        
Cost of revenue (exclusive of depreciation and amortization shown separately below) 4,164 3,464 7,755 6,937
Selling and marketing expense 109,141 64,538 202,392 129,597
General and administrative expense 12,094 8,553 23,641 17,812
Product development 4,064 3,781 7,687 7,666
Depreciation 1,808 1,174 3,511 2,172
Amortization of intangibles 2,608 72 5,217 97
Change in fair value of contingent consideration 9,393 0 18,139 0
Severance 247 72 404 72
Litigation settlements and contingencies 285 (79) 689 90
Total costs and expenses 143,804 81,575 269,435 164,443
Operating income 8,969 12,715 15,853 24,560
Other income (expense):        
Interest expense, net (1,079) (141) (1,244) (283)
Other income 13 0 13 0
Income before income taxes 7,903 12,574 14,622 24,277
Income tax benefit (expense) 104 (3,572) 1,183 (8,370)
Net income from continuing operations 8,007 9,002 15,805 15,907
Loss from discontinued operations, net of tax (689) (1,150) (1,621) (2,353)
Net income and comprehensive income $ 7,318 $ 7,852 $ 14,184 $ 13,554
Weighted average shares outstanding:        
Basic 11,965 11,795 11,896 11,863
Diluted 13,604 12,730 13,552 12,800
Income per share from continuing operations:        
Basic (in dollars per share) $ 0.67 $ 0.76 $ 1.33 $ 1.34
Diluted (in dollars per share) 0.59 0.71 1.17 1.24
Loss per share from discontinued operations:        
Basic (in dollars per share) (0.06) (0.10) (0.14) (0.20)
Diluted (in dollars per share) (0.05) (0.09) (0.12) (0.18)
Income per share attributable to common shareholders:        
Basic (in dollars per share) 0.61 0.67 1.19 1.14
Diluted (in dollars per share) $ 0.54 $ 0.62 $ 1.05 $ 1.06