Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue:        
On demand $ 154,727 $ 136,610 $ 300,940 $ 260,021
On premise 659 687 1,334 1,459
Professional and other 5,920 5,422 11,951 9,622
Total revenue 161,306 142,719 314,225 271,102
Cost of revenue 67,544 62,078 130,586 116,826
Gross profit 93,762 80,641 183,639 154,276
Operating expenses:        
Product development 21,290 18,878 41,677 36,150
Sales and marketing 39,235 35,129 74,382 67,328
General and administrative 27,370 21,932 51,621 40,278
Total operating expenses 87,895 75,939 167,680 143,756
Operating income 5,867 4,702 15,959 10,520
Interest expense and other, net (2,786) (1,074) (3,872) (1,782)
Income before income taxes 3,081 3,628 12,087 8,738
Income tax (benefit) expense (3,132) 1,545 (2,321) 3,659
Net income $ 6,213 $ 2,083 $ 14,408 $ 5,079
Net income per share attributable to common stockholders:        
Basic (in dollars per share) $ 0.08 $ 0.03 $ 0.18 $ 0.07
Diluted (in dollars per share) $ 0.08 $ 0.03 $ 0.18 $ 0.07
Weighted average shares used in computing net income per share attributable to common stockholders:        
Basic (in shares) 79,018 76,363 78,642 76,509
Diluted (in shares) 81,925 77,161 81,644 77,120