Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.5.0.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
On demand $ 136,610 $ 110,640 $ 260,021 $ 217,100
On premise 687 726 1,459 1,467
Professional and other 5,422 3,396 9,622 6,665
Total revenue 142,719 114,762 271,102 225,232
Cost of revenue 62,078 48,493 116,826 96,055
Gross profit 80,641 66,269 154,276 129,177
Operating expense:        
Product development 18,878 18,084 36,150 36,061
Sales and marketing 35,129 30,887 67,328 60,000
General and administrative 21,932 20,037 40,278 38,373
Impairment of identified intangible assets 0 0 0 527
Total operating expense 75,939 69,008 143,756 134,961
Operating income (loss) 4,702 (2,739) 10,520 (5,784)
Interest expense and other, net (1,074) (390) (1,782) (657)
Income (loss) before income taxes 3,628 (3,129) 8,738 (6,441)
Income tax expense (benefit) 1,545 189 3,659 (1,515)
Net income (loss) $ 2,083 $ (3,318) $ 5,079 $ (4,926)
Net income (loss) per share attributable to common stockholders        
Basic (in dollars per share) $ 0.03 $ (0.04) $ 0.07 $ (0.06)
Diluted (in dollars per share) $ 0.03 $ (0.04) $ 0.07 $ (0.06)
Weighted average shares used in computing net income (loss) per share attributable to common stockholders        
Basic (in shares) 76,363 76,799 76,509 76,877
Diluted (in shares) 77,161 76,799 77,120 76,877