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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, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenue $ 278,421 $ 184,101 $ 540,811 $ 365,136
Costs and expenses:        
Cost of revenue (exclusive of depreciation and amortization shown separately below) 16,310 6,043 33,980 11,739
Selling and marketing expense 191,629 123,946 366,520 249,990
General and administrative expense 27,951 24,759 59,068 47,573
Product development 10,175 5,967 20,341 12,227
Depreciation 2,559 1,633 5,041 3,304
Amortization of intangibles 14,280 3,964 27,707 7,927
Change in fair value of contingent consideration 2,790 (167) 17,382 (908)
Severance 403 3 457 3
Litigation settlements and contingencies 8 (170) (199) (192)
Total costs and expenses 266,105 165,978 530,297 331,663
Operating income 12,316 18,123 10,514 33,473
Other (expense) income, net:        
Interest expense, net (5,095) (2,924) (10,563) (5,912)
Other income (expense) 71 (71) 139 (37)
Income before income taxes 7,292 15,128 90 27,524
Income tax benefit 5,689 29,721 13,441 53,182
Net income from continuing operations 12,981 44,849 13,531 80,706
Loss from discontinued operations, net of tax (763) (2,302) (1,825) (6,635)
Net income and comprehensive income $ 12,218 $ 42,547 $ 11,706 $ 74,071
Weighted average shares outstanding:        
Basic 12,805 12,416 12,762 12,254
Diluted 14,908 14,147 14,622 14,527
Income per share from continuing operations:        
Basic (in dollars per share) $ 1.01 $ 3.61 $ 1.06 $ 6.59
Diluted (in dollars per share) 0.87 3.17 0.93 5.56
Loss per share from discontinued operations:        
Basic (in dollars per share) (0.06) (0.19) (0.14) (0.54)
Diluted (in dollars per share) (0.05) (0.16) (0.12) (0.46)
Net income per share:        
Basic (in dollars per share) 0.95 3.43 0.92 6.04
Diluted (in dollars per share) $ 0.82 $ 3.01 $ 0.80 $ 5.10