Three Months Ended
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Twelve Months Ended
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December 31,
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December 31,
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2010 | 2009 | 2010 | 2009 | |||||||||||||
(Unaudited)
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(Unaudited)
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(Unaudited)
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(Audited)
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Operating revenue | $ | 35,097 | $ | 31,304 | $ | 132,188 | $ | 97,685 | ||||||||
Operating expenses: | ||||||||||||||||
Cost of services provided | 7,691 | 7,976 | 29,599 | 21,274 | ||||||||||||
Product development | 3,379 | 3,104 | 13,607 | 11,362 | ||||||||||||
Sales and marketing | 1,613 | 1,487 | 6,372 | 5,040 | ||||||||||||
General and administrative | 7,151 | 5,442 | 24,065 | 16,798 | ||||||||||||
Amortization and depreciation | 1,605 | 1,439 | 6,038 | 3,955 | ||||||||||||
Total operating expenses | 21,439 | 19,448 | 79,681 | 58,429 | ||||||||||||
Operating income | 13,658 | 11,856 | 52,507 | 39,256 | ||||||||||||
Interest income | 141 | 52 | 519 | 199 | ||||||||||||
Interest expense | (152) | (279) | (902) | (1,070) | ||||||||||||
Other non-operating income | 641 | 89 | 6,319 | 89 | ||||||||||||
Foreign currency exchange gain | 352 | 464 | 1,211 | 1,358 | ||||||||||||
Income before income taxes | 14,640 | 12,182 | 59,654 | 39,832 | ||||||||||||
Income tax expense (benefit) | 1,304 | (85 | (635) | (1,010) | ||||||||||||
Net income | $ | 15,944 | $ | 12,097 | $ | 59,019 | $ | 38,822 | ||||||||
Basic earnings per common share* | $ | 0.45 | $ | 0.36 | $ | 1.69 | $ | 1.24 | ||||||||
Diluted earnings per common share* | $ | 0.42 | $ | 0.31 | $ | 1.51 | $ | 1.03 | ||||||||
Basic weighted average shares | ||||||||||||||||
outstanding* | 35,083 | 33,990 | 34,845 | 31,398 | ||||||||||||
Diluted weighted average shares | ||||||||||||||||
outstanding* | 38,417 | 39,594 | 39,018 | 38,014 | * Adjusted for all periods presented to reflect the effect of the 3-for-1 stock split dated January 4, 2010 |