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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Operating activities:        
Net income for the period $ 3,159,457 $ 2,690,905 $ 8,278,395 $ 4,514,926
Items not involving cash:        
Depreciation of property and equipment 387,956 230,704 988,811 696,483
Amortization of intangible assets 68,529 107,230 194,197 545,290
Impairment of indefinite life intangible asset 18,550   68,848 577,145
Deferred income taxes recovery (53,085) (49,214) (1,019,254) (807,691)
Excess tax benefits from share-based compensation expense   168,346   (250,555)
Amortization of deferred rent 7,370 1,832 17,917 14,212
Disposal of domain names 2,866 10,708 20,551 19,577
Loss on change in the fair value of forward contracts 99,052 125,305 160,394 19,991
Stock-based compensation 128,575 230,712 378,228 417,046
Change in non-cash operating working capital:        
Accounts receivable 262,149 4,440 (994,889) (1,609,287)
Inventory (123,047) 90,114 (281,491) (81,340)
Prepaid expenses and deposits 1,000,287 613,342 (892,105) (13,192)
Prepaid domain name registry and ancillary services fees 149,905 573,727 (2,068,871) (1,848,171)
Income taxes recoverable 1,152,410 (227,558) 1,935,426 (794,101)
Accounts payable 195,002 326,610 202,578 1,130,552
Accrued liabilities 406,920 1,214,237 1,517,453 1,044,866
Customer deposits (199,695) (418,539) 253,223 (431,614)
Deferred revenue 140,850 (656,430) 3,185,946 2,959,948
Accreditation fees payable (20,621) (22,510) 11,425 5,822
Net cash provided by operating activities 6,783,430 5,013,961 11,956,782 6,109,907
Financing activities:        
Proceeds received on exercise of stock options 189,914 343,953 737,369 1,385,816
Excess tax benefits from share-based compensation expense 312,091 741,512 1,400,793 1,755,312
Repurchase of common stock (9,977,495) (1,099,571) (18,179,176) (1,181,857)
Proceeds received on loan payable     3,500,000  
Repayment of loan payable   (5,358,333)   (6,300,000)
Net cash used in financing activities (9,475,490) (5,372,439) (12,541,014) (4,340,729)
Investing activities:        
Additions to property and equipment (710,342) (216,794) (2,051,124) (598,820)
Gross proceeds from the waiver of rights to .online registry     6,619,832  
Net cash provided by (used in) investing activities (710,342) (216,794) 4,211,215 (598,820)
Increase (decrease) in cash and cash equivalents (3,402,402) (575,272) 3,626,983 1,170,358
Cash and cash equivalents, beginning of period 15,300,762 14,164,518 8,271,377 12,418,888
Cash and cash equivalents, end of period 11,898,360 13,589,246 11,898,360 13,589,246
Supplemental cash flow information:        
Interest paid 78,988 64,248 175,290 207,634
Income taxes paid, net 512,954 469,248 2,457,225 1,724,976
Supplementary disclosure of non-cash investing and financing activities:        
Property and equipment acquired during the period not yet paid for $ 63,499 $ 82,132 63,499 $ 82,132
Ting Virginia, LLC [Member]        
Investing activities:        
Additional cost of acquisition of Ting Virginia, LLC., net of cash of $21,423     $ (357,493)