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v3.4.0.3

Interim Condensed Consolidated Statements of Income - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2016 | Mar. 31, 2015
Interim Condensed Consolidated Statements of Income [Abstract] |  |
Net revenues | $ 157,630 | $ 148,103
Cost of net revenues | (55,448) | (44,708)
Gross profit | 102,182 | 103,395
Operating expenses: |  |
Product and technology development | (21,941) | (17,245)
Sales and marketing | (32,683) | (26,202)
General and administrative | (17,069) | (18,134)
Impairment of Long-Lived Assets |  | (16,226)
Total operating expenses | (71,693) | (77,807)
Income from operations | 30,489 | 25,588
Other income (expenses): |  |
Interest income and other financial gains | 7,251 | 4,308
Interest expense and other financial losses | (5,684) | (4,950)
Foreign currency gains (losses) | 5,147 | (8,570)
Net income before income / asset tax expense | 37,203 | 16,376
Income / asset tax expense | (6,956) | (14,655)
Net income | $ 30,247 | $ 1,721
Basic EPS |  |
Basic net income Shareholders per common share | $ 0.68 | $ 0.04
Weighted average of outstanding common shares | 44,156,961 | 44,154,796
Diluted EPS |  |
Diluted net income shareholders per common share | $ 0.68 | $ 0.04
Weighted average of outstanding common shares | 44,156,961 | 44,154,796
Cash Dividends declared | $ 0.150 | $ 0.103

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