v3.19.3.a.u2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue:      
Total revenue $ 988,136 $ 869,480 $ 670,963
Cost of revenue 385,712 328,382 258,135
Amortization of product technologies 40,461 35,797 22,163
Gross profit 561,963 505,301 390,665
Operating expenses:      
Product development 112,222 118,525 89,452
Sales and marketing 193,962 166,607 140,473
General and administrative 123,056 118,208 112,975
Amortization of intangible assets 40,303 35,911 17,755
Total operating expenses 469,543 439,251 360,655
Operating income 92,420 66,050 30,010
Interest expense and other, net (31,862) (31,750) (14,769)
Income before income taxes 60,558 34,300 15,241
Income tax expense (benefit) 2,350 (425) 14,864
Net income $ 58,208 $ 34,725 $ 377
Net income per share attributable to common stockholders:      
Basic (in dollars per share) $ 0.63 $ 0.40 $ 0.00
Diluted (in dollars per share) $ 0.60 $ 0.38 $ 0.00
Weighted average common shares outstanding:      
Basic (in shares) 92,017 87,290 79,433
Diluted (in shares) 96,282 91,531 82,398
On demand      
Revenue:      
Total revenue $ 953,576 $ 833,709 $ 642,622
Professional and other      
Revenue:      
Total revenue 34,560 35,771 28,341
Service      
Revenue:      
Total revenue $ 988,136 $ 869,480 $ 670,963

Source