Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v2.4.0.6
Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues:    
Assets under management or administration $ 36,336 $ 28,263
Licensing and professional services 10,289 4,379
Total revenues 46,625 32,642
Operating expenses:    
Cost of revenues 16,808 11,526
Compensation and benefits 17,218 10,685
General and administration 8,893 6,773
Depreciation and amortization 3,118 2,399
Restructuring charges   27
Total operating expenses 46,037 31,410
Income from operations 588 1,232
Other income (expense):    
Interest income 5 9
Interest expense   (3)
Total other income 5 6
Income before income tax provision 593 1,238
Income tax provision 52 498
Net income $ 541 $ 740
Net income per share:    
Basic $ 0.02 $ 0.02
Diluted $ 0.02 $ 0.02
Weighted average common shares outstanding:    
Basic 32,374,976 31,857,598
Diluted 34,269,939 32,901,969