Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF NET AND COMPREHENSIVE INCOME

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CONDENSED CONSOLIDATED STATEMENTS OF NET AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Total revenues $ 319,464 $ 183,977
Operating expenses:    
Cost of services 196,768 109,103
Selling, general and administrative 74,535 51,677
Depreciation and amortization 3,911 2,997
Total operating expenses 275,214 163,777
Operating income 44,250 20,200
Other income, net 450 1,044
Interest expense (160) (146)
Income before provision for income taxes 44,540 21,098
Provision for income taxes 11,757 6,086
Net income 32,783 15,012
Marketable debt securities, available-for-sale:    
Change in net unrealized gains/losses (2,357) (621)
Less: reclassification adjustment for net gains included in other income, net (84) 0
Net change, net of tax of $838 and $(215) for the three months ended March 31, 2022 and 2021, respectively (2,441) (621)
Foreign currency translation gain (loss), net of tax of $0 for each of the three months ended March 31, 2022 and 2021, respectively (59) (113)
Total other comprehensive (loss) income (2,500) (734)
Comprehensive income $ 30,283 $ 14,278
Earnings per share:    
Basic $ 0.82 $ 0.38
Diluted $ 0.81 $ 0.37
Weighted average common shares outstanding:    
Basic 39,989 39,757
Diluted 40,474 40,124
Real Estate Brokerage Commissions [Member]    
Revenues:    
Total revenues $ 286,909 $ 162,796
Financing Fees [Member]    
Revenues:    
Total revenues 26,453 17,843
Other Revenues [Member]    
Revenues:    
Total revenues $ 6,102 $ 3,338