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v3.10.0.1

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2018 | Sep. 30, 2017 | Sep. 30, 2018 | Sep. 30, 2017
Revenues: |  |  |  |
Total revenues | $ 84,890 | $ 80,369 | $ 258,992 | $ 247,296
Operating expenses: |  |  |  |
Selling and marketing | 31,051 | 29,225 | 96,771 | 90,355
General and administrative | 11,192 | 10,083 | 32,871 | 30,672
Depreciation | 1,965 | 1,607 | 6,056 | 4,775
Amortization of intangible assets | 402 | 197 | 770 | 582
Acquisition and integration costs | 977 |  | 1,306 |
Total operating expenses | 79,948 | 73,620 | 245,311 | 227,198
Income from operations | 4,942 | 6,749 | 13,681 | 20,098
Other income, net | 319 | 146 | 472 | 248
Losses on investments, net | (17) | (772) | (62) | (997)
Income before income taxes | 5,244 | 6,123 | 14,091 | 19,349
Income tax expense | 1,294 | 2,170 | 4,086 | 6,302
Net income | $ 3,950 | $ 3,953 | $ 10,005 | $ 13,047
Basic income per common share | $ 0.22 | $ 0.22 | $ 0.55 | $ 0.73
Diluted income per common share | $ 0.21 | $ 0.22 | $ 0.55 | $ 0.72
Basic weighted average common shares outstanding | 18,088 | 17,747 | 18,030 | 17,897
Diluted weighted average common shares outstanding | 18,433 | 18,051 | 18,353 | 18,212
Cash dividends declared per common share | $ 0.20 | $ 0.19 | $ 0.60 | $ 0.57
Research Services [Member] |  |  |  |
Revenues: |  |  |  |
Total revenues | $ 56,332 | $ 54,235 | $ 166,332 | $ 160,553
Advisory Services and Events [Member] |  |  |  |
Revenues: |  |  |  |
Total revenues | 28,558 | 26,134 | 92,660 | 86,743
Cost of Services and Fulfillment [Member] |  |  |  |
Operating expenses: |  |  |  |
Cost of services and fulfillment | $ 34,361 | $ 32,508 | $ 107,537 | $ 100,814

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