XML 47 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Consolidated Statements of Operations        
Revenue $ 83,730 $ 59,558 $ 236,745 $ 167,484
Operating expenses:        
Cost of revenue 33,260 22,936 94,419 64,525
Sales and marketing 21,122 14,947 60,890 40,240
Product development 9,870 5,685 26,922 15,300
General and administrative 10,588 6,076 28,095 16,590
Total operating expenses 74,840 49,644 210,326 136,655
Income from operations 8,890 9,914 26,419 30,829
Other (expense) income, net (50) 20 (48) 29
Income before income taxes 8,840 9,934 26,371 30,858
Provision for income taxes 3,562 3,740 11,315 12,238
Net income 5,278 6,194 15,056 18,620
Less:        
Undistributed earnings to participating stockholder 9 18 31 59
Net income available to common stockholders $ 5,269 $ 6,176 $ 15,025 $ 18,561
Net income per basic share available to common stockholders:        
Undistributed (in dollars per share) $ 0.15 $ 0.18 $ 0.43 $ 0.55
Basic (in dollars per share) $ 0.15 $ 0.18 $ 0.43 $ 0.55
Net income per diluted share available to common stockholders:        
Undistributed (in dollars per share) $ 0.15 $ 0.18 $ 0.42 $ 0.55
Diluted (in dollars per share) $ 0.15 $ 0.18 $ 0.42 $ 0.55
Weighted average shares outstanding:        
Basic (in shares) 35,304,066 33,692,876 35,161,644 33,522,289
Diluted (in shares) 35,931,454 34,280,656 35,883,202 34,043,573