Three Months Ended | ||||||||
March 31, | ||||||||
2010 | 2009 | |||||||
Operating Revenue: | $ | 31,603 | $ | 20,668 | ||||
Operating expenses: | ||||||||
Costs of services provided | 7,063 | 4,085 | ||||||
3,363 | 2,505 | |||||||
Sales and marketing | 1,326 | 1,134 | ||||||
General and administrative | 5,660 | 3,843 | ||||||
Amortization and depreciation | 1,432 | 744 | ||||||
Total operating expenses | 18,844 | 12,311 | ||||||
Operating income | 12,759 | 8,357 | ||||||
Interest income | 88 | 52 | ||||||
Interest expense | (268) | (284) | ||||||
Other non-operating income | 317 | — | ||||||
Foreign exchange gain | 103 | 406 | ||||||
Income before income taxes | 12,999 | 8,531 | ||||||
Income tax provision | (615) | (196) | ||||||
Net income | $ | 12,384 | $ | 8,335 | ||||
Basic earnings per common share | $ | 0.36 | $ | 0.28 | ||||
Diluted earnings per common share | $ | 0.32 | $ | 0.23 | ||||
Basic weighted average shares outstanding | 34,747 | 29,781 | ||||||
Diluted weighted average shares outstanding | 39,335 | 37,092 |