XML 19 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenue:      
Total revenue $ 704,589 $ 436,152 $ 421,582
Operating expenses:      
Direct service costs, excluding depreciation and amortization 252,284 211,773 198,510
Reimbursed out-of-pocket expenses 236,775 49,690 50,961
Total direct costs 489,059 261,463 249,471
Selling, general and administrative 75,681 63,357 61,507
Depreciation 9,240 8,574 7,442
Amortization 29,561 37,900 50,672
Total operating expenses 603,541 371,294 369,092
Income from operations 101,048 64,858 52,490
Other expense, net:      
Loss on extinguishment of debt 0 0 (10,726)
Miscellaneous income (expense), net 1,060 (354) (423)
Interest expense, net (8,157) (7,559) (19,384)
Total other expense, net (7,097) (7,913) (30,533)
Income before income taxes 93,951 56,945 21,957
Income tax provision 20,766 17,823 8,532
Net income $ 73,185 $ 39,122 $ 13,425
Net income per share attributable to common shareholders:      
Basic $ 2.05 $ 1.00 $ 0.38
Diluted $ 1.97 $ 0.98 $ 0.37
Weighted average common shares outstanding:      
Basic 35,547 39,056 35,690
Diluted 36,912 39,839 36,329
Revenue Net      
Revenue:      
Total revenue $ 704,589 $ 0 $ 0
Direct Service Revenue      
Revenue:      
Total revenue 0 386,462 370,621
Reimbursed Out of Pocket Revenue      
Revenue:      
Total revenue $ 0 $ 49,690 $ 50,961