XML 40 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Income Statement [Abstract]        
Revenues $ 112,301 $ 96,001 $ 325,333 $ 249,853
Cost of revenues 31,724 30,882 97,431 83,388
Gross margin 80,577 65,119 227,902 166,465
Operating expenses:        
Selling and marketing 23,625 22,010 74,139 57,576
Software development 11,562 9,722 35,152 22,714
General and administrative 21,940 19,617 74,457 59,602
Purchase amortization 3,680 4,824 11,699 9,038
Total operating expenses 60,807 56,173 195,447 148,930
Income from operations 19,770 8,946 32,455 17,535
Interest and other income 52 59 239 440
Interest and other expense (1,736) (1,822) (5,249) (3,022)
Income before income taxes 18,086 7,183 27,445 14,953
Income tax expense, net 7,034 404 10,510 9,752
Net income $ 11,052 $ 6,779 $ 16,935 $ 5,201
Net income per share-basic (in dollars per share) $ 0.40 $ 0.25 $ 0.61 $ 0.20
Net income per share-diluted (in dollars per share) $ 0.39 $ 0.24 $ 0.60 $ 0.19
Weighted average outstanding shares-basic (in shares) 27,758 27,243 27,607 26,279
Weighted average outstanding shares-diluted (in shares) 28,349 27,673 28,137 26,691