Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.3.0.814
Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2015
Accounting Policies [Abstract]  
Changes in Allowance for Doubtful Accounts
Changes in the allowance for doubtful accounts are as follows:
 
Nine Months Ended September 30,
 
2015

2014
Allowance for doubtful accounts, beginning of period
$
2,851

 
$
1,519

Charges to costs and expenses
239

 
1,253

Account write-offs and other
(295
)
 
(674
)
Allowance for doubtful accounts, end of period
$
2,795

 
$
2,098

Estimated Useful Lives of Property and Equipment
Depreciation and amortization of property and equipment are computed on a straight-line basis over the following estimated useful lives:
Asset Classification
 
Estimated Useful Life
Furniture and office equipment
 
Five years
Computer equipment and software costs
 
Three to five years
Leasehold improvements
 
Lesser of term of lease or five years
Automobiles
 
Five years
Land
 
Unlimited
Schedule of Earnings Per Share, Basic and Diluted
When the effects are not anti-dilutive, diluted earnings per share is calculated using the weighted-average outstanding common shares; the dilutive effect of convertible preferred stock, under the “if converted” method; and the treasury stock method with regard to warrants and stock options; all as determined under the treasury stock method.
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Net income
$
4,178

 
$
7,291

 
$
1,981

 
$
1,729

Basic weighted-average shares outstanding
46,517,638

 
46,315,968

 
46,473,375

 
46,098,158

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options
1,155,306

 
671,554

 
770,418

 
538,371

Diluted weighted-average shares outstanding
47,672,944

 
46,987,522

 
47,243,793

 
46,636,529