Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
|
| Revenues: | |||
| Research services | $ 215,216 | $ 210,268 | $ 207,517 |
| Advisory services and events | 110,879 | 103,458 | 104,545 |
| Total revenues | 326,095 | 313,726 | 312,062 |
| Operating expenses: | |||
| Cost of services and fulfillment | 128,175 | 126,261 | 126,199 |
| Selling and marketing | 116,898 | 116,081 | 115,753 |
| General and administrative | 40,579 | 39,041 | 38,584 |
| Depreciation | 7,812 | 8,192 | 9,325 |
| Amortization of intangible assets | 831 | 891 | 2,171 |
| Reorganization costs | 1,026 | 4,433 | 1,817 |
| Total operating expenses | 295,321 | 294,899 | 293,849 |
| Income from operations | 30,774 | 18,827 | 18,213 |
| Other income, net | 740 | 511 | 464 |
| Losses on investments, net | (805) | (18) | (288) |
| Income before income taxes | 30,709 | 19,320 | 18,389 |
| Income tax provision | 13,058 | 7,324 | 7,524 |
| Net income | $ 17,651 | $ 11,996 | $ 10,865 |
| Basic income per common share | $ 0.98 | $ 0.67 | $ 0.58 |
| Diluted income per common share | $ 0.97 | $ 0.66 | $ 0.57 |
| Basic weighted average common shares outstanding | 17,984 | 17,927 | 18,713 |
| Diluted weighted average common shares outstanding | 18,269 | 18,143 | 19,007 |