v3.19.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenue    
Total revenue $ 234,306 $ 201,301
Amortization of product technologies 9,514 8,295
Gross profit 134,598 120,169
Operating expenses:    
Product development 29,897 29,040
Sales and marketing 44,823 37,680
General and administrative 28,143 27,090
Amortization of intangible assets 9,836 8,089
Total operating expenses 112,699 101,899
Operating income 21,899 18,270
Interest expense and other, net (5,980) (7,670)
Income before income taxes 15,919 10,600
Income tax expense (benefit) 4,647 (301)
Net income $ 11,272 $ 10,901
Net income per share attributable to common stockholders:    
Basic (in dollars per share) $ 0.12 $ 0.13
Diluted (in dollars per share) $ 0.12 $ 0.13
Weighted average common shares outstanding:    
Basic (in shares) 91,490 81,166
Diluted (in shares) 95,561 84,817
On demand    
Revenue    
Total revenue $ 226,519 $ 193,300
Professional and other    
Revenue    
Total revenue 7,787 8,001
Service    
Revenue    
Total revenue 234,306 201,301
Cost of revenue $ 90,194 $ 72,837

Source