Three Months Ended December 31, |
Twelve Months Ended December 31, |
|||
2011 |
2010 |
2011 |
2010 |
|
(Unaudited) |
(Unaudited) |
(Unaudited) |
(Audited) |
|
Operating revenue |
$ 44,050 |
$ 35,097 |
$ 168,969 |
$ 132,188 |
Operating expenses: |
||||
Cost of services provided |
8,658 |
7,691 |
33,589 |
29,599 |
Product development |
4,823 |
3,379 |
19,208 |
13,607 |
Sales and marketing |
4,089 |
1,613 |
13,642 |
6,372 |
General and administrative |
8,028 |
7,151 |
26,268 |
24,065 |
Amortization and depreciation |
1,897 |
1,605 |
7,514 |
6,038 |
Total operating expenses |
27,495 |
21,439 |
100,221 |
79,681 |
Operating income |
16,555 |
13,658 |
68,748 |
52,507 |
Interest income |
128 |
141 |
557 |
519 |
Interest expense |
(167) |
(152) |
(759) |
(902) |
Other non-operating income |
1,432 |
641 |
647 |
6,319 |
Foreign currency exchange gain |
1,667 |
352 |
4,302 |
1,211 |
Income before income taxes |
19,615 |
14,640 |
73,495 |
59,654 |
Income tax expense (benefit) |
(2,285) |
1,304 |
(2,117) |
(635) |
Net income |
$ 17,330 |
$ 15,944 |
$ 71,378 |
$ 59,019 |
Basic earnings per common share* |
$ 0.48 |
$ 0.45 |
$ 1.89 |
$ 1.69 |
Diluted earnings per common share* |
$ 0.44 |
$ 0.42 |
$ 1.75 |
$ 1.51 |
Basic weighted average shares outstanding* |
36,337 |
35,083 |
37,742 |
34,845 |
Diluted weighted average shares
|
39,374 |
38,417 |
40,889 |
39,018 |