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Condensed Consolidated Statements of Income (unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
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Sep. 30, 2014
|
Sep. 30, 2013
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Sep. 30, 2014
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Sep. 30, 2013
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|
| Revenues | ||||
| Recurring | $ 35,910 | $ 25,210 | $ 105,030 | $ 75,808 |
| Implementation and other | 688 | 620 | 1,859 | 1,513 |
| Total revenues | 36,598 | 25,830 | 106,889 | 77,321 |
| Cost of revenues | ||||
| Operating expenses | 5,798 | 4,846 | 17,847 | 13,633 |
| Depreciation | 638 | 494 | 1,876 | 1,320 |
| Total cost of revenues | 6,436 | 5,340 | 19,723 | 14,953 |
| Administrative expenses | ||||
| Sales and marketing | 14,856 | 10,339 | 44,237 | 28,913 |
| Research and development | 1,059 | 538 | 2,878 | 1,317 |
| General and administrative | 8,410 | 6,815 | 25,816 | 18,851 |
| Depreciation and amortization | 1,159 | 959 | 3,322 | 2,716 |
| Total administrative expenses | 25,484 | 18,651 | 76,253 | 51,797 |
| Total operating expenses | 31,920 | 23,991 | 95,976 | 66,750 |
| Operating income | 4,678 | 1,839 | 10,913 | 10,571 |
| Interest expense | (338) | (2,329) | (3,079) | (6,929) |
| Net loss on early repayment of debt | (4,044) | |||
| Other income (expense), net | 39 | (133) | 1,395 | 140 |
| Income (loss) before income taxes | 4,379 | (623) | 5,185 | 3,782 |
| Provision (benefit) for income taxes | 1,689 | (199) | 2,028 | 1,211 |
| Net income (loss) | 2,690 | (424) | 3,157 | 2,571 |
| Net income (loss) attributable to noncontrolling interest | (3) | 19 | ||
| Net income (loss) attributable to the Company | 2,690 | (421) | 3,157 | 2,552 |
| Pro forma additional income tax expense (benefit) | (93) | 563 | ||
| Pro forma net income (loss) | $ 2,690 | $ (328) | $ 3,157 | $ 1,989 |
| Net income (loss) per share, basic | $ 0.05 | $ (0.01) | $ 0.06 | $ 0.06 |
| Net income (loss) per share, diluted | $ 0.05 | $ (0.01) | $ 0.06 | $ 0.05 |
| Pro forma net income (loss) per share, basic | $ 0.05 | $ (0.01) | $ 0.06 | $ 0.04 |
| Pro forma net income (loss) per share, diluted | $ 0.05 | $ (0.01) | $ 0.06 | $ 0.04 |
| Weighted average shares outstanding: | ||||
| Basic | 51,056,462 | 45,707,802 | 49,040,344 | 45,398,933 |
| Diluted | 52,978,051 | 45,707,802 | 51,223,048 | 47,975,548 |
| Pro forma weighted average shares outstanding: | ||||
| Basic | 51,056,462 | 45,707,802 | 49,040,344 | 45,398,933 |
| Diluted | 52,978,051 | 45,707,802 | 51,223,048 | 47,975,548 |
| X | ||||||||||
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- Definition
Pro forma income tax expenses. No definition available.
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- Definition
Pro forma net income loss. No definition available.
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- Definition
Pro forma basic earnings per share or earnings per unit, which is commonly presented in initial public offerings based on the terms of the offering. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Revenue earned during the period arising from products sold or services provided under the terms of a contract, not elsewhere specified in the taxonomy. May include government contracts, construction contracts, and any other contract related to a particular project or product. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The expense recognized in the current period that allocates the cost of a tangible asset used in providing revenue generating services over the asset's useful life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Pro forma diluted earnings per share, which is commonly presented in initial public offerings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of the cost of borrowed funds accounted for as interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Expenditures for planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services. Costs of public relations and corporate promotions are typically considered to be marketing costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Excludes Selling, General and Administrative Expense. No definition available.
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- Definition
Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition
The other noncash expense, not otherwise specified in the taxonomy, charged against earnings in the period to allocate the cost of tangible and intangible assets over their remaining economic lives. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The total amount of other operating income, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net amount of other operating income and expenses, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operations. No definition available.
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- Definition
Revenues from the sale of other goods or rendering of other services, not elsewhere specified in the taxonomy; net of (reduced by) sales adjustments, returns, allowances, and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The weighted average number of shares or units and dilutive common stock or unit equivalents outstanding in the calculation of proforma diluted earnings per share (earnings per unit), which is commonly presented in initial public offerings based on the terms of the offering. No definition available.
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- Definition
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
The weighted average number of shares (units) outstanding in the calculation of pro forma basic earnings per share (earnings per unit), which is commonly presented in initial public offerings based on the terms of the offering. No definition available.
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- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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