XML 81 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Interim Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Interim Condensed Consolidated Statements of Income [Abstract]        
Net revenues $ 603,031 $ 355,281 $ 1,622,043 $ 1,011,634
Cost of net revenues (318,689) (185,563) (828,267) (519,410)
Gross profit 284,342 169,718 793,776 492,224
Operating expenses:        
Product and technology development (59,495) (35,478) (165,787) (107,311)
Sales and marketing (252,903) (110,443) (564,271) (342,382)
General and administrative (53,869) (34,800) (147,992) (111,195)
Total operating expenses (366,267) (180,721) (878,050) (560,888)
Loss from operations (81,925) (11,003) (84,274) (68,664)
Other income (expenses):        
Interest income and other financial gains 28,462 8,636 86,590 27,746
Interest expense and other financial losses (14,451) (15,869) (44,689) (39,805)
Foreign currency (losses) gains 987 3,924 (1,899) 22,102
Net loss before income tax (loss) gain (66,927) (14,312) (44,272) (58,621)
Income tax (loss) gain (79,155) 4,234 (73,729) 24,372
Net loss $ (146,082) $ (10,078) $ (118,001) $ (34,249)
Basic EPS: Basic net loss        
Available to shareholders per common share $ (2.96) $ (0.23) $ (2.60) $ (0.77)
Weighted average of outstanding common shares 49,710,723 44,588,704 48,350,165 44,302,724
Diluted EPS: Diluted net loss        
Available to shareholders per common share $ (2.96) $ (0.23) $ (2.60) $ (0.77)
Weighted average of outstanding common shares 49,710,723 44,588,704 48,350,165 44,302,724