Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.3.1.900
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenue:      
On demand $ 450,962 $ 390,622 $ 362,312
On premise 2,970 3,094 3,691
Professional and other 14,588 10,835 11,019
Total revenue 468,520 404,551 377,022
Cost of revenue 198,613 174,871 148,321
Gross profit 269,907 229,680 228,701
Operating expense:      
Product development 68,799 64,418 50,638
Sales and marketing 123,108 111,563 95,894
General and administrative 68,814 69,202 60,610
Impairment of identified intangible assets 20,801 0 0
Total operating expense 281,522 245,183 207,142
Operating (loss) income (11,615) (15,503) 21,559
Interest expense and other, net (1,449) (1,104) (1,077)
(Loss) income before income taxes (13,064) (16,607) 20,482
Income tax benefit (3,846) (6,333) (210)
Net (loss) income $ (9,218) $ (10,274) $ 20,692
Net (loss) income per share attributable to common stockholders      
Basic (in dollars per share) $ (0.12) $ (0.13) $ 0.28
Diluted (in dollars per share) $ (0.12) $ (0.13) $ 0.27
Weighted average shares used in computing net (loss) income per share attributable to common stockholders      
Basic (in shares) 76,689 76,991 74,962
Diluted (in shares) 76,689 76,991 76,187