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Description of Business and Summary of Significant Accounting Policies and Practices (Tables)
12 Months Ended
Dec. 31, 2017
Accounting Policies [Abstract]  
Allowance for Doubtful Accounts and Advertiser Credit Activity

The allowance for doubtful accounts activity for the periods indicated is as follows (in thousands):

 

 

 

Balance at

beginning

of period

 

 

Charged to

costs and

expenses

 

 

Write-offs,

net of

recoveries

 

 

Balance at

end of

period

 

December 31, 2015

 

 

583

 

 

 

61

 

 

 

160

 

 

 

484

 

December 31, 2016

 

 

484

 

 

 

90

 

 

 

75

 

 

 

499

 

December 31, 2017

 

 

499

 

 

 

161

 

 

 

34

 

 

 

626

 

 

Allowance for Advertiser Credits

The allowance for advertiser credits is the Company’s best estimate of the amount of expected future reductions in advertisers’ payment obligations related to delivered services. The Company determines the allowance for advertiser credits and adjustments based on analysis of historical credits.

The allowance for advertiser credits activity for the periods indicated is as follows (in thousands):

 

 

 

Balance at

beginning

of period

 

 

Additions

charged

against

revenue

 

 

Credits

processed

 

 

Balance at

end of

period

 

December 31, 2015

 

 

1,018

 

 

 

263

 

 

 

756

 

 

 

525

 

December 31, 2016

 

 

525

 

 

 

1,592

 

 

 

1,179

 

 

 

938

 

December 31, 2017

 

 

938

 

 

 

65

 

 

 

390

 

 

 

613

 

 

Schedule of Concentration of Risk Based on Consolidated Revenue

The advertisers representing more than 10% of consolidated revenue are as follows (in percentages):

 

 

 

Years ended December 31,

 

 

 

2015

 

 

2016

 

 

2017

 

Advertiser A

 

 

29

%

 

 

23

%

 

 

21

%

Advertiser B

 

 

19

%

 

 

23

%

 

 

17

%

 

Schedule of Concentration of Risk Based on Accounts Receivable

The outstanding receivable balance for each advertiser representing more than 10% of consolidated accounts receivable is as follows (in percentages):

 

 

 

At December 31,

 

 

 

2016

 

 

2017

 

Advertiser A

 

 

11

%

 

 

17

%

Advertiser B

 

 

30

%

 

 

31

%

Advertiser C

 

 

15

%

 

 

10

%

 

 

Computation of Net Income (Loss) per Share Basic and Diluted

The following table presents the computation of basic net income (loss) per share for the periods ended (in thousands, except per share amounts):

 

 

 

Twelve months ended December 31,

 

 

 

2015

 

 

2016

 

 

2017

 

 

 

Class A

 

 

Class B

 

 

Class A

 

 

Class B

 

 

Class A

 

 

Class B

 

Basic net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss from continuing operations

 

$

(81

)

 

$

(516

)

 

$

(10,452

)

 

$

(73,614

)

 

$

(786

)

 

$

(5,301

)

Dividends applicable to participating securities

 

 

 

 

 

(37

)

 

 

 

 

 

 

 

 

 

 

 

(355

)

Net loss from continuing operations applicable

   to common stockholders

 

$

(81

)

 

$

(553

)

 

$

(10,452

)

 

$

(73,614

)

 

$

(786

)

 

$

(5,656

)

Discontinued operations, net of tax

 

 

3,472

 

 

 

23,846

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) applicable to common

   stockholders

 

$

3,391

 

 

$

23,293

 

 

$

(10,452

)

 

$

(73,614

)

 

$

(786

)

 

$

(5,656

)

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares

   outstanding used to calculate basic net

   income (loss) per share

 

 

5,233

 

 

 

35,935

 

 

 

5,190

 

 

 

36,550

 

 

 

5,056

 

 

 

37,657

 

Basic net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss from continuing operations applicable

   to common stockholders

 

$

(0.01

)

 

$

(0.01

)

 

$

(2.01

)

 

$

(2.01

)

 

$

(0.16

)

 

$

(0.15

)

Discontinued operations, net of tax

 

 

0.66

 

 

 

0.66

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net income (loss) per share applicable to

   common stockholders

 

$

0.65

 

 

$

0.65

 

 

$

(2.01

)

 

$

(2.01

)

 

$

(0.16

)

 

$

(0.15

)

 

 

 

The following table presents the computation of diluted net income (loss) per share for the periods ended (in thousands, except per share amounts):

 

 

 

Twelve months ended December 31,

 

 

 

2015

 

 

2016

 

 

2017

 

 

 

Class A

 

 

Class B

 

 

Class A

 

 

Class B

 

 

Class A

 

 

Class B

 

Diluted net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss from continuing operations

 

$

(81

)

 

$

(516

)

 

$

(10,452

)

 

$

(73,614

)

 

$

(786

)

 

$

(5,301

)

Dividends applicable to participating securities

 

 

 

 

 

(37

)

 

 

 

 

 

 

 

 

 

 

 

(355

)

Reallocation of net loss for Class A shares as

   a result of conversion of Class A to Class B

   shares

 

 

 

 

 

(81

)

 

 

 

 

 

(10,452

)

 

 

 

 

 

(786

)

Net loss from continuing operations

   applicable to common stockholders

 

$

(81

)

 

$

(634

)

 

$

(10,452

)

 

$

(84,066

)

 

$

(786

)

 

$

(6,442

)

Discontinued operations, net of tax

 

 

3,472

 

 

 

23,846

 

 

 

 

 

 

 

 

 

 

 

 

 

Reallocation of discontinued operations for

   Class A shares as a result of conversion of

   Class A to Class B share

 

 

 

 

 

3,472

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted discontinued operations, net of tax

 

$

3,472

 

 

$

27,318

 

 

$

 

 

$

 

 

$

 

 

$

 

Net income (loss) applicable to common

   stockholders

 

$

3,391

 

 

$

26,684

 

 

$

(10,452

)

 

$

(84,066

)

 

$

(786

)

 

$

(6,442

)

Weighted average number of shares

   outstanding used to calculate basic net

   income (loss) per share

 

 

5,233

 

 

 

35,935

 

 

 

5,190

 

 

 

36,550

 

 

 

5,056

 

 

 

37,657

 

Conversion of Class A to Class B common

   shares outstanding

 

 

 

 

 

5,233

 

 

 

 

 

 

5,190

 

 

 

 

 

 

5,056

 

Weighted average number of shares

   outstanding used to calculate diluted net

   income (loss) per share

 

 

5,233

 

 

 

41,168

 

 

 

5,190

 

 

 

41,740

 

 

 

5,056

 

 

 

42,713

 

Diluted net income (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss from continuing operations applicable

   to common stockholders

 

$

(0.01

)

 

$

(0.01

)

 

$

(2.01

)

 

$

(2.01

)

 

$

(0.16

)

 

$

(0.15

)

Discontinued operations, net of tax

 

 

0.66

 

 

 

0.66

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net income (loss) per share applicable

   to common stockholders

 

$

0.65

 

 

$

0.65

 

 

$

(2.01

)

 

$

(2.01

)

 

$

(0.16

)

 

$

(0.15

)