Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (Unaudited)

v3.8.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenue:    
On demand $ 193,300 $ 146,213
Professional and other 8,001 6,706
Total revenue 201,301 152,919
Cost of revenue 76,660 63,042
Gross profit 124,641 89,877
Operating expenses:    
Product development 29,040 20,387
Sales and marketing 50,241 35,147
General and administrative 27,090 24,251
Total operating expenses 106,371 79,785
Operating income 18,270 10,092
Interest expense and other, net (7,670) (1,086)
Income before income taxes 10,600 9,006
Income tax (benefit) expense (301) 811
Net income $ 10,901 $ 8,195
Net income per share attributable to common stockholders:    
Basic (in dollars per share) $ 0.13 $ 0.10
Diluted (in dollars per share) $ 0.13 $ 0.10
Weighted average shares used in computing net income per share attributable to common stockholders:    
Basic (in shares) 81,166 78,263
Diluted (in shares) 84,817 81,386