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CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME    
Revenues $ 265,763 $ 275,769
Operating expenses    
Direct costs and expenses for advisors 153,179 159,921
Selling, general and administrative 92,518 95,400
Depreciation and amortization 6,708 7,771
Operating income 13,358 12,677
Interest income 194 116
Interest expense (6,267) (6,688)
Foreign currency transaction gain (loss) (146) 7
Income before taxes 7,139 6,112
Income tax provision 3,798 435
Net income $ 3,341 $ 5,677
Weighted average shares outstanding:    
Basic (in shares) 46,917 44,673
Diluted (in shares) 47,620 46,067
Earnings per share:    
Basic (in dollars per share) $ 0.07 $ 0.13
Diluted (in dollars per share) $ 0.07 $ 0.12
Comprehensive income:    
Net income $ 3,341 $ 5,677
Foreign currency translation, net of tax (expense) benefit of $(33) and $470, respectively. 17 (1,489)
Comprehensive income: $ 3,358 $ 4,188