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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Total revenues $ 398,185 $ 332,393
Cost of revenues 57,822 59,131
Gross profit 340,363 273,262
Operating expenses:    
Sales and marketing 121,186 99,438
Research, development and engineering 21,351 15,406
General and administrative 119,346 103,171
Total operating expenses 261,883 218,015
Income from operations 78,480 55,247
Interest expense, net 21,704 20,971
Gain on sale of businesses (1,979) 0
Loss on investments, net 0 20,832
Other (income) expense, net (622) 6,876
Income before income taxes and (income) loss from equity method investment, net 59,377 6,568
Income tax expense 5,725 8,703
(Income) loss from equity method investment, net (24,270) 4,269
Net Income (Loss) Attributable to Parent, Total $ 77,922 $ (6,404)
Net income (loss) per common share:    
Basic (in usd per share) $ 1.75 $ (0.13)
Diluted (in usd per share) $ 1.67 $ (0.13)
Weighted average shares outstanding:    
Basic (in shares) 44,399,149 47,620,774
Diluted (in shares) 46,731,872 47,620,774
Share-based compensation expense $ 6,113 $ 6,313
Cost of revenues    
Weighted average shares outstanding:    
Share-based compensation expense 132 134
Sales and marketing    
Weighted average shares outstanding:    
Share-based compensation expense 362 398
Research, development and engineering    
Weighted average shares outstanding:    
Share-based compensation expense 520 431
General and administrative    
Weighted average shares outstanding:    
Share-based compensation expense $ 5,099 $ 5,350