Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenue:      
On demand $ 306,400 $ 239,436 $ 169,678
On premise 5,216 6,581 8,545
Professional and other 10,556 11,962 10,051
Total revenue 322,172 257,979 188,274
Cost of revenue 128,562 [1] 108,155 [1] 79,044 [1]
Gross profit 193,610 149,824 109,230
Operating expense:      
Product development 48,177 [1] 43,441 [1] 36,922 [1]
Sales and marketing 76,992 [1] 63,775 [1] 37,693 [1]
General and administrative 56,993 [1] 40,798 [1] 28,328 [1]
Total operating expense 182,162 148,014 102,943
Operating income 11,448 1,810 6,287
Interest expense and other, net (2,046) (3,251) (5,501)
Income (loss) before income taxes 9,402 (1,441) 786
Income tax expense (benefit) 4,219 (210) 719
Net income (loss) 5,183 (1,231) 67
Net income (loss) attributable to common stockholders      
Basic 5,183 (1,231) (2,877)
Diluted $ 5,183 $ (1,231) $ (2,877)
Net income (loss) per share attributable to common stockholders      
Basic $ 0.07 $ (0.02) $ (0.07)
Diluted $ 0.07 $ (0.02) $ (0.07)
Weighted average shares used in computing net income (loss) per share attributable to common stockholders      
Basic 71,838 68,480 39,737
Diluted 74,002 68,480 39,737
[1] Includes stock-based compensation expense as follows: Year Ended December 31, 2012 2011 2010 Cost of revenue $ 2,806 $ 1,655 $ 633 Product development 4,391 4,594 2,568 Sales and marketing 4,790 12,017 2,493 General and administrative 6,191 4,352 1,646