CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands |
12 Months Ended |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
| CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME |
|
|
|
| Revenues |
$ 209,240
|
$ 209,617
|
$ 210,982
|
| Operating expenses |
|
|
|
| Direct costs and expenses for advisors |
124,701
|
124,132
|
123,985
|
| Selling, general and administrative |
67,841
|
65,434
|
67,823
|
| Depreciation and amortization |
7,083
|
7,373
|
7,473
|
| Operating income |
9,615
|
12,678
|
11,701
|
| Interest income |
14
|
18
|
20
|
| Interest expense |
(1,789)
|
(2,229)
|
(2,712)
|
| Gain on extinguishment of debt |
|
|
79
|
| Bargain purchase gain |
|
146
|
|
| Foreign currency transaction gain (loss) |
303
|
(145)
|
(45)
|
| Income before taxes |
8,143
|
10,468
|
9,043
|
| Income tax provision |
3,189
|
4,164
|
4,267
|
| Net income |
4,954
|
6,304
|
4,776
|
| Net income attributable to noncontrolling interest |
113
|
126
|
|
| Net income attributable to ISG |
$ 4,841
|
$ 6,178
|
$ 4,776
|
| Weighted average shares outstanding: |
|
|
|
| Basic (in shares) |
37,186
|
37,086
|
36,810
|
| Diluted (in shares) |
38,936
|
38,693
|
38,687
|
| Earnings per share attributable to ISG: |
|
|
|
| Basic (in dollars per share) |
$ 0.13
|
$ 0.17
|
$ 0.13
|
| Diluted (in dollars per share) |
$ 0.13
|
0.16
|
$ 0.13
|
| Cash dividends declared |
|
$ 0.14
|
|
| Comprehensive income: |
|
|
|
| Net income |
$ 4,954
|
$ 6,304
|
$ 4,776
|
| Foreign currency translation, net of tax benefit of $1,102, $1,128 and $248 |
(1,956)
|
(2,134)
|
(405)
|
| Comprehensive income |
2,998
|
4,170
|
4,371
|
| Comprehensive income attributable to noncontrolling interest |
113
|
126
|
|
| Comprehensive income attributable to ISG |
$ 2,885
|
$ 4,044
|
$ 4,371
|