Financial Highlights
(GAAP, as reported)
Revenues $161,045 $139,543 15.4%
Cost of services $74,775 $65,824
Member relations and
marketing $33,654 $29,808
General and administrative $19,457 $17,015
Income from operations $30,561 $25,439
Net income $23,529 $20,217 16.4%
Basic earnings per share $1.30 $1.07 21.5%
Diluted earnings per share $1.25 $1.03 21.4%
Weighted average common
shares outstanding
Basic 18,097 18,818
Diluted 18,825 19,554
Financial Highlights
(Adjusted) (1)
Adjusted cost of services $70,995 $62,693
Adjusted member relations
and marketing $31,530 $27,721
Adjusted general and
administrative $14,918 $13,068
Adjusted income from
operations $41,004 $34,604 18.5%
Adjusted net income $30,497 $26,276 16.1%
Adjusted diluted earnings
per share $1.62 $1.34 20.9%
Diluted weighted average
common shares outstanding 18,825 19,554
Adjusted percentages of
revenues (1)
Adjusted cost of services 44.1% 44.9%
Adjusted member relations
and marketing 19.6% 19.9%
Adjusted general and
administrative 9.3% 9.4%
Adjusted income from
operations 25.5% 24.8%
(1) In order to allow investors to assess results on a basis consistent
with t
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