| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|---|---|---|---|---|---|---|---|---|
Revenues | |||||||||
294,313 | 286,862 | 272,600 | - | 253,852 | - | - | - | - | - |
Cost of services | |||||||||
213,632 | 210,267 | 204,198 | - | 193,778 | - | - | - | - | - |
Revenues | |||||||||
- | - | - | 253,852 | - | 217,533 | 172,810 | 151,678 | 76,759 | 50,119 |
Cost of services | |||||||||
- | - | - | 193,778 | - | 169,627 | 138,283 | 122,615 | 61,206 | 40,531 |
Gross profit | |||||||||
80,681 | 76,595 | 68,401 | 60,073 | 60,073 | 47,906 | 34,527 | 29,062 | 15,552 | 9,588 |
Selling, general and administrative expenses | |||||||||
56,199 | 51,066 | 44,575 | 37,804 | 37,804 | 30,390 | 24,084 | 19,039 | 10,606 | 6,851 |
Gain on contingent consideration | |||||||||
0 | -3,775 | -225 | - | - | - | - | - | - | - |
Depreciation and amortization | |||||||||
4,820 | 5,044 | 6,291 | 6,733 | 6,733 | 5,543 | 4,641 | 4,894 | 4,469 | 2,750 |
Operating income | |||||||||
19,661 | 24,259 | 17,760 | 15,535 | 15,535 | 11,972 | 5,801 | 5,128 | 476 | -13 |
Gain (Loss) on Extinguishment of Debt | |||||||||
-540 | 0 | 0 | -404 | -404 | -438 | 0 | 0 | 0 | 2,587 |
Loss on extinguishment of related party debt | |||||||||
- | - | - | - | - | - | -986 | - | - | - |
Interest expense, net | |||||||||
1,568 | 2,850 | 3,253 | 3,961 | 3,961 | 2,995 | 2,472 | 1,894 | 874 | 918 |
Interest expense-related party | |||||||||
- | - | - | - | - | - | 213 | 2,162 | 1,319 | 2,003 |
Change in fair value of put option | |||||||||
- | - | - | 0 | - | -176 | 1,184 | 235 | 0 | 0 |
Income before income taxes | |||||||||
17,551 | 21,409 | 14,507 | 11,170 | 11,170 | 8,715 | 944 | 835 | -1,717 | -346 |
Income tax expense | |||||||||
4,304 | 3,859 | 8,659 | 4,287 | 4,287 | 3,368 | 1,373 | -7,462 | 31 | -65 |
Net Income (Loss) Attributable to Parent | |||||||||
13,246 | 17,549 | 5,848 | 6,882 | 6,882 | 5,347 | -428 | 8,298 | -1,749 | -281 |
Net income per share: | |||||||||
Basic (in dollars per share) | |||||||||
1.29 | 1.83 | 0.67 | 0.85 | 0.85 | 0.76 | -0.08 | 1.53 | 0.00 | 0.00 |
Diluted (in dollars per share) | |||||||||
1.28 | 1.79 | 0.65 | 0.82 | 0.82 | 0.73 | -0.08 | 1.47 | 0.00 | 0.00 |
Weighted-average shares outstanding: | |||||||||
Basic (shares) | |||||||||
10,238 | 9,577 | 8,733 | 8,107 | 8,107 | 7,079 | 5,648 | 5,424 | 0 | 0 |
Dilutive effect (shares) | |||||||||
- | - | - | - | - | - | - | 221 | - | - |
Diluted (shares) | |||||||||
10,350 | 9,808 | 9,038 | 8,399 | 8,399 | 7,288 | 5,648 | 5,646 | 0 | 0 |
Cash dividends declared per common share | |||||||||
1.20 | 1.15 | 1.00 | - | 1.00 | - | - | - | - | - |
Income before taxes | |||||||||
- | - | - | - | - | - | - | 835 | - | - |
Historical income (loss) before taxes | |||||||||
17,551 | 21,409 | 14,507 | 11,170 | 11,170 | 8,715 | - | - | -1,717 | -346 |
Pro forma income tax expense | |||||||||
- | - | - | - | - | - | - | 536 | -587 | -3 |
Pro forma income | |||||||||
- | - | - | - | - | - | - | 299 | -1,130 | -343 |
Basic (in dollars per share) | |||||||||
- | - | - | - | - | - | - | 0.06 | -0.27 | -0.60 |
Diluted (in dollars per share) | |||||||||
- | - | - | - | - | - | - | 0.05 | -0.27 | -0.60 |