XML 30 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
CONSOLIDATED STATEMENTS OF INCOME [Abstract]      
Operating revenues $ 251,145 $ 195,206 $ 160,935
Operating expenses      
Cost of goods and services, exclusive of depreciation and amortization shown separately below 106,640 74,673 54,213
Selling, general and administrative, exclusive of depreciation and amortization shown separately below 56,445 45,572 31,152
Depreciation and amortization 55,770 42,630 32,630
Total operating expenses 218,855 162,875 117,995
Gain on sale of directory 0 4,000 0
Operating income 32,290 36,331 42,940
Other income (expense)      
Interest expense (8,289) (4,716) (1,361)
Gain (loss) on investments, net (696) (165) 124
Non-operating income, net 900 717 959
Income from continuing operations before income taxes 24,205 32,167 42,662
Income tax expense 10,667 13,393 17,510
Net income from continuing operations 13,538 18,774 25,152
Discontinued operations:      
Loss from operations of Converged Services, net of tax benefits of $359, $480 and $6,507, respectively (545) (699) (10,060)
Net income $ 12,993 $ 18,075 $ 15,092
Basic and diluted net income per share:      
Net income from continuing operations (in dollars per share) $ 0.57 $ 0.79 $ 1.06
Loss from discontinued operations, net of income taxes (in dollars per share) $ (0.02) $ (0.03) $ (0.42)
Net Income (in dollars per share) $ 0.55 $ 0.76 $ 0.64
Weighted average shares outstanding, basic (in shares) 23,781 23,730 23,639
Weighted average shares outstanding, diluted (in shares) 23,826 23,823 23,701