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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]      
Revenue $ 307,421 $ 254,324 $ 218,773
Cost of revenue [1],[2] 76,524 77,982 62,679
Gross profit 230,897 176,342 156,094
Operating expenses:      
Research and development [1] 90,545 106,188 53,660
Sales and marketing [1],[2] 123,573 95,783 73,511
General and administrative [1] 83,288 97,339 47,940
Restructuring (66) 3,525 1,785
Total operating expenses 297,340 302,835 176,896
Loss from operations (66,443) (126,493) (20,802)
Interest expense 14,157 27,801 26,865
Other non-operating (income) expense, net (3,962) 298 (7,610)
Loss before income taxes (76,638) (154,592) (40,057)
Provision for (benefit from) income taxes (2,779) 148 (16,047)
Net loss $ (73,859) $ (154,740) $ (24,010)
Net loss per share, basic and diluted $ (0.56) $ (1.43) $ (0.24)
Weighted-average shares used in computing basic and diluted net loss per share 131,568 107,900 100,244
[1]

(1)

Includes stock-based compensation, net of amounts capitalized as follows:

 

 

 

Year Ended December 31,

 

(in thousands)

 

2019

 

 

2018

 

 

2017

 

Cost of revenue

 

$

3,658

 

 

$

8,931

 

 

$

2,503

 

Research and development

 

 

21,159

 

 

 

48,739

 

 

 

9,918

 

Sales and marketing

 

 

11,950

 

 

 

19,046

 

 

 

8,069

 

General and administrative

 

 

23,478

 

 

 

55,054

 

 

 

14,496

 

Stock-based compensation, net of amounts capitalized

 

$

60,245

 

 

$

131,770

 

 

$

34,986

 

[2]

(2)

Includes amortization of acquisition intangible assets as follows:

 

 

 

Year Ended December 31,

 

(in thousands)

 

2019

 

 

2018

 

 

2017

 

Cost of revenue

 

$

5,365

 

 

$

1,952

 

 

$

2,040

 

Sales and marketing

 

 

3,630

 

 

 

2,318

 

 

 

2,421

 

Amortization of acquisition intangible assets

 

$

8,995

 

 

$

4,270

 

 

$

4,461