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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, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenue $ 184,101 $ 152,773 $ 365,136 $ 285,288
Costs and expenses:        
Cost of revenue (exclusive of depreciation and amortization shown separately below) 6,043 4,164 11,739 7,755
Selling and marketing expense 123,946 109,141 249,990 202,392
General and administrative expense 24,759 12,094 47,573 23,641
Product development 5,967 4,064 12,227 7,687
Depreciation 1,633 1,808 3,304 3,511
Amortization of intangibles 3,964 2,608 7,927 5,217
Change in fair value of contingent consideration (167) 9,393 (908) 18,139
Severance 3 247 3 404
Litigation settlements and contingencies (170) 285 (192) 689
Total costs and expenses 165,978 143,804 331,663 269,435
Operating income 18,123 8,969 33,473 15,853
Other income (expense):        
Interest expense, net (2,924) (1,079) (5,912) (1,244)
Other (expense) income (71) 13 (37) 13
Income before income taxes 15,128 7,903 27,524 14,622
Income tax benefit 29,721 104 53,182 1,183
Net income from continuing operations 44,849 8,007 80,706 15,805
Loss from discontinued operations, net of tax (2,302) (689) (6,635) (1,621)
Net income and comprehensive income $ 42,547 $ 7,318 $ 74,071 $ 14,184
Weighted average shares outstanding:        
Basic 12,416 11,965 12,254 11,896
Diluted 14,147 13,604 14,527 13,552
Income per share from continuing operations:        
Basic (in dollars per share) $ 3.61 $ 0.67 $ 6.59 $ 1.33
Diluted (in dollars per share) 3.17 0.59 5.56 1.17
Loss per share from discontinued operations:        
Basic (in dollars per share) (0.19) (0.06) (0.54) (0.14)
Diluted (in dollars per share) (0.16) (0.05) (0.46) (0.12)
Net income per share:        
Basic (in dollars per share) 3.43 0.61 6.04 1.19
Diluted (in dollars per share) $ 3.01 $ 0.54 $ 5.10 $ 1.05