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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Total revenues [1] $ 262,598 $ 340,377 $ 600,253 $ 554,471
Cost of revenue:        
Total cost of revenue 118,241 194,758 317,397 335,097
Marketing expenses 51,105 54,603 138,177 78,751
Selling, general and administrative expenses 23,471 29,667 51,480 56,852
Depreciation and amortization 12,919 9,084 27,682 12,666
Impairment loss     199,500  
Restructuring and related charges 1,009 2,352 1,752 3,943
Operating income (loss) 55,853 49,913 (135,735) 67,162
Interest expense 21,235 23,661 42,898 31,328
Income (loss) before income taxes 34,618 26,252 (178,633) 35,834
Income tax expense (benefit) 6,107 8,115 (9,038) 13,483
Net income (loss) $ 28,511 $ 18,137 $ (169,595) $ 22,351
Earnings (loss) per share:        
Basic $ 0.59 $ 0.38 $ (3.49) $ 0.49
Diluted [2] $ 0.58 $ 0.37 $ (3.49) $ 0.49
Comprehensive income (loss) $ 27,366 $ 5,901 $ (190,569) $ 10,115
Weighted average common shares and equivalents:        
Basic 48,711 47,790 48,662 45,165
Diluted [2] 48,794 48,461 48,662 45,719
Services        
Revenues:        
Total revenues $ 79,856 $ 157,481 $ 239,548 $ 314,008
Cost of revenue:        
Total cost of revenue 31,886 111,073 147,034 224,916
Products        
Revenues:        
Total revenues 182,742 182,896 360,705 240,463
Cost of revenue:        
Total cost of revenue $ 86,355 $ 83,685 $ 170,363 $ 110,181
[1] The figure for total segments equals the consolidated figure for such item.
[2] The impact of potentially dilutive securities for the six months ended June 30, 2020 was not considered because the impact would be anti-dilutive.