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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenue    
Revenue $ 265,591 $ 212,546
Cost of revenue    
Total cost of revenue 79,528 74,437
Gross profit 186,063 138,109
Operating expenses    
Selling and marketing 136,024 108,865
Research and development 58,727 50,596
General and administrative 15,630 12,676
Total operating expenses 210,381 172,137
(Loss) from operations (24,318) (34,028)
Foreign currency transaction loss 5,947 3,712
Interest income 607 723
Interest expense (2,306) 0
Loss on capped call transactions (18,592) 0
Other income, net 1,374 0
(Loss) before (benefit from) income taxes (49,182) (37,017)
(Benefit from) income taxes (23,810) (8,300)
Net (loss) $ (25,372) $ (28,717)
(Loss) per share    
Basic (in dollars per share) $ (0.32) $ (0.37)
Diluted (in dollars per share) $ (0.32) $ (0.37)
Weighted-average number of common shares outstanding    
Basic (in shares) 79,808 78,584
Diluted (in shares) 79,808 78,584
Software license    
Revenue    
Revenue $ 93,916 $ 63,264
Cost of revenue    
Total cost of revenue 684 1,378
Maintenance    
Cost of revenue    
Total cost of revenue 5,576 6,335
Services    
Revenue    
Revenue 97,980 81,576
Cost of revenue    
Total cost of revenue $ 73,268 $ 66,724