Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF NET INCOME

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CONDENSED CONSOLIDATED STATEMENTS OF NET INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Total revenues $ 323,840 $ 332,383 $ 1,039,261 $ 801,306
Operating expenses:        
Cost of services 217,360 219,194 670,170 506,882
Selling, general and administrative 73,004 64,673 227,380 178,147
Depreciation and amortization 2,924 2,850 10,167 8,806
Total operating expenses 293,288 286,717 907,717 693,835
Operating income 30,552 45,666 131,544 107,471
Other income, net 978 323 967 2,737
Interest expense (229) (144) (547) (436)
Income before provision for income taxes 31,301 45,845 131,964 109,772
Provision for income taxes 9,939 11,921 35,651 29,304
Net income $ 21,362 $ 33,924 $ 96,313 $ 80,468
Earnings per share:        
Basic (in dollars per share) $ 0.53 $ 0.85 $ 2.40 $ 2.02
Diluted (in dollars per share) $ 0.53 $ 0.84 $ 2.39 $ 2.00
Weighted average common shares outstanding:        
Basic (in shares) 40,086 39,940 40,038 39,859
Diluted (in shares) 40,302 40,241 40,358 40,148
Real estate brokerage commissions        
Revenues:        
Total revenues $ 292,889 $ 299,759 $ 934,483 $ 715,458
Financing fees        
Revenues:        
Total revenues 28,099 29,391 91,363 75,448
Other revenues        
Revenues:        
Total revenues $ 2,852 $ 3,233 $ 13,415 $ 10,400