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Consolidated Statements of Operations (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenue $ 30,662,000 $ 22,209,000 $ 59,960,000 $ 44,415,000
Direct costs (1) 18,349,000 [1] 14,178,000 [1] 35,483,000 [1] 28,904,000 [1]
Gross profit 12,313,000 8,031,000 24,477,000 15,511,000
Operating expenses:        
Sales and marketing (1) 638,000 [1] 535,000 [1] 1,052,000 [1] 938,000 [1]
Information Technology(1) 1,010,000 [1] 408,000 [1] 1,906,000 [1] 834,000 [1]
General and administrative (1) 3,979,000 [1] 3,936,000 [1] 7,872,000 [1] 7,695,000 [1]
Depreciation and amortization 752,000 460,000 1,428,000 908,000
Total operating expenses 6,379,000 5,339,000 12,258,000 10,375,000
Operating income 5,934,000 2,692,000 12,219,000 5,136,000
Interest and other income (39,000) (17,000) (68,000) (31,000)
Interest and other expense 3,000 40,000 111,000 81,000
(Gain) on foreign currency transactions (38,000) 0 (95,000) 0
Net other (income) and expense (74,000) 23,000 (52,000) 50,000
Income before income taxes 6,008,000 2,669,000 12,271,000 5,086,000
Income tax provision 2,384,000 1,101,000 4,886,000 2,039,000
Net income $ 3,624,000 $ 1,568,000 $ 7,385,000 $ 3,047,000
Basic earnings per share:        
Net earnings per share $ 0.34 $ 0.15 $ 0.7 $ 0.29
Weighted average shares outstanding 10,651,000 10,489,000 10,625,000 10,486,000
Diluted earnings per share:        
Net earnings per share $ 0.33 $ 0.15 $ 0.67 $ 0.28
Weighted average shares outstanding 11,063,000 10,793,000 11,025,000 10,839,000
[1] (1) Amounts shown exclusive of depreciation and amortization