XML 81 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Revenue $ 197,947 $ 150,366 $ 548,381 $ 403,665
Cost of revenue 68,949 46,947 180,212 133,651
Gross profit 128,998 103,419 368,169 270,014
Operating expenses:        
Marketing 50,098 39,516 131,536 94,651
Product development 32,465 24,418 86,177 68,707
General and administrative 32,203 20,748 86,733 61,359
Total operating expenses 114,766 84,682 304,446 224,717
Income from operations 14,232 18,737 63,723 45,297
Other (expense) income:        
Interest expense (5,077) (6,135) (14,408) (16,024)
Interest and other income 2,883 2,367 9,659 5,902
Foreign exchange loss (1,949) (373) (1,079) (2,973)
Total other expense (4,143) (4,141) (5,828) (13,095)
Income before income taxes 10,089 14,596 57,895 32,202
Benefit for income taxes 4,712 5,298 6,708 4,038
Net income $ 14,801 $ 19,894 $ 64,603 $ 36,240
Net income per share attributable to common stockholders:        
Basic (in dollars per share) $ 0.12 $ 0.17 $ 0.54 $ 0.30
Diluted (in dollars per share) $ 0.12 $ 0.15 $ 0.51 $ 0.29
Weighted-average common shares outstanding:        
Basic (in shares) 120,351,095 119,870,711 120,090,291 120,469,066
Diluted (in shares) 126,243,168 129,086,137 126,471,364 126,497,281