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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Research services $ 54,235 $ 52,727 $ 160,553 $ 160,998
Advisory services and events 26,134 24,700 86,743 81,651
Total revenues 80,369 77,427 247,296 242,649
Operating expenses:        
Cost of services and fulfillment 32,508 29,889 100,814 95,429
Selling and marketing 29,225 27,751 90,355 87,490
General and administrative 10,083 10,086 30,672 30,359
Depreciation 1,607 1,941 4,775 5,982
Amortization of intangible assets 197 208 582 627
Reorganization costs       1,026
Total operating expenses 73,620 69,875 227,198 220,913
Income from operations 6,749 7,552 20,098 21,736
Other income, net 146 229 248 374
Losses on investments, net (772) (1,085) (997) (1,139)
Income before income taxes 6,123 6,696 19,349 20,971
Income tax provision 2,170 3,584 6,302 9,110
Net income $ 3,953 $ 3,112 $ 13,047 $ 11,861
Basic income per common share $ 0.22 $ 0.17 $ 0.73 $ 0.66
Diluted income per common share $ 0.22 $ 0.17 $ 0.72 $ 0.65
Basic weighted average common shares outstanding 17,747 18,062 17,897 17,896
Diluted weighted average common shares outstanding 18,051 18,435 18,212 18,168
Cash dividends declared per common share $ 0.19 $ 0.18 $ 0.57 $ 0.54