Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v2.4.0.8
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenue:        
On demand $ 91,606 $ 90,825 $ 188,614 $ 176,147
On premise 826 1,011 1,691 1,961
Professional and other 2,556 2,615 5,246 5,324
Total revenue 94,988 94,451 195,551 183,432
Cost of revenue 42,115 [1] 37,340 [1] 82,042 [1] 72,704 [1]
Gross profit 52,873 57,111 113,509 110,728
Operating expense:        
Product development 15,941 [1] 11,727 [1] 30,782 [1] 23,765 [1]
Sales and marketing 28,030 [1] 23,924 [1] 54,021 [1] 46,826 [1]
General and administrative 16,819 [1] 12,819 [1] 37,748 [1] 29,326 [1]
Total operating expense 60,790 48,470 122,551 99,917
Operating (loss) income (7,917) 8,641 (9,042) 10,811
Interest expense and other, net (204) (596) (426) (685)
(Loss) income before income taxes (8,121) 8,045 (9,468) 10,126
Income tax expense (benefit) (1,830) 3,435 (2,341) 4,498
Net (loss) income (6,291) 4,610 (7,127) 5,628
Net (loss) income per share        
Basic (in dollars per share) $ (0.08) $ 0.06 $ (0.09) $ 0.08
Diluted (in dollars per share) $ (0.08) $ 0.06 $ (0.09) $ 0.07
Weighted average shares used in computing net (loss) income per share        
Basic (in shares) 77,283 74,541 77,004 74,278
Diluted (in shares) 77,283 75,781 77,004 75,665
Cost of revenue
       
Weighted average shares used in computing net (loss) income per share        
Stock-based compensation expense 866 750 1,873 2,088
Product development
       
Weighted average shares used in computing net (loss) income per share        
Stock-based compensation expense 2,144 1,131 4,056 3,180
Sales and marketing
       
Weighted average shares used in computing net (loss) income per share        
Stock-based compensation expense 3,101 3,201 6,244 4,422
General and administrative
       
Weighted average shares used in computing net (loss) income per share        
Stock-based compensation expense $ 3,922 $ 2,163 $ 7,085 $ 4,627
[1] Includes stock-based compensation expense as follows: Cost of revenue: $866 and $1,873 for three and six months ended June 30, 2014; $750 and $2,088 for three and six months ended June 30, 2013 Product development: $2,144 and $4,056 for three and six months ended June 30, 2014; $1,131 and $3,180 for three and six months ended June 30, 2013 Sales and marketing: $3,101 and $6,244 for three and six months ended June 30, 2014; $3,201 and $4,422 for three and six months ended June 30, 2013 General and administrative: $3,922 and $7,085 for three and six months ended June 30, 2014; $2,163 and $4,627 for three and six months ended