Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v2.3.0.15
Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended 9 Months Ended
Sep. 29, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenue:        
On demand $ 62,765 $ 43,097 $ 172,741 $ 120,393
On premise 1,772 2,127 5,045 6,419
Professional and other 3,118 2,804 9,052 7,403
Total revenue 67,655 48,028 186,838 134,215
Cost of revenue 27,585 [1] 20,203 [1] 78,078 [1] 56,595 [1]
Gross profit 40,070 27,825 108,760 77,620
Operating expense:        
Product development 11,230 [1] 9,127 [1] 32,083 [1] 26,431 [1]
Sales and marketing 17,688 [1] 9,428 [1] 44,992 [1] 25,793 [1]
General and administrative 11,840 [1] 6,969 [1] 31,190 [1] 20,230 [1]
Total operating expense 40,758 25,524 108,265 72,454
Operating (loss) income (688) 2,301 495 5,166
Interest expense and other, net (684) (1,822) (2,582) (4,749)
(Loss) income before income taxes (1,372) 479 (2,087) 417
Income tax (benefit) expense (266) 187 (615) 164
Net (loss) income (1,106) 292 (1,472) 253
Net loss attributable to common stockholders        
Basic (1,106) (327) (1,472) (2,691)
Diluted $ (1,106) $ (327) $ (1,472) $ (2,691)
Net loss per share attributable to common stockholders        
Basic $ (0.02) $ (0.01) $ (0.02) $ (0.08)
Diluted $ (0.02) $ (0.01) $ (0.02) $ (0.08)
Weighted average shares used in computing net loss per share attributable to common stockholders        
Basic 68,792 43,636 68,096 31,878
Diluted 68,792 43,636 68,096 31,878
[1] (1) Includes stock-based compensation expense as follows: