|
Total cost of goods sold
|
|
$63.9m
|
$62.9m
|
$67.0m
|
$79.8m
|
$47.8m
|
$61.1m
|
$77.2m
|
$93.2m
|
$103.6m
|
$119.4m
|
|
Gross profit
|
|
$63.8m
|
$64.4m
|
$73.9m
|
$81.0m
|
$89.4m
|
$101.5m
|
$120.8m
|
$144.3m
|
$172.0m
|
$199.9m
|
|
Gross profit margin
|
|
$0
|
$1
|
$1
|
$1
|
$1
|
$1
|
$1
|
$1
|
$1
|
$1
|
|
Operating income
|
|
($11.4m)
|
($12.1m)
|
($13.1m)
|
($34.1m)
|
($21.0m)
|
$6.3m
|
$12.9m
|
$15.8m
|
$22.6m
|
$43.0m
|
|
Product development
|
|
($29.0m)
|
($27.9m)
|
($37.8m)
|
$41.5m
|
$55.3m
|
$46.3m
|
$50.3m
|
$56.7m
|
$62.4m
|
$72.7m
|
|
Sales and marketing
|
|
($20.8m)
|
($18.1m)
|
($19.6m)
|
$19.9m
|
$14.2m
|
$14.7m
|
$22.7m
|
$28.4m
|
$33.1m
|
$39.8m
|
|
General and administrative
|
|
($19.9m)
|
($24.0m)
|
($23.1m)
|
$24.4m
|
$33.3m
|
$27.7m
|
$30.7m
|
$36.3m
|
$40.8m
|
$42.2m
|
|
Depreciation of fixed assets
|
|
($2.4m)
|
($2.6m)
|
($2.5m)
|
$2.6m
|
$2.8m
|
$2.2m
|
$1.8m
|
$3.9m
|
$3.7m
|
$3.8m
|
|
Amortization of internal-use software and intangibles
|
|
($1.4m)
|
($1.9m)
|
($2.6m)
|
$2.5m
|
$2.0m
|
$1.7m
|
$1.7m
|
$1.4m
|
$3.9m
|
$5.7m
|
|
Other (gains) charges, net
|
|
—
|
—
|
—
|
—
|
—
|
—
|
$435k
|
$1.8m
|
$4.6m
|
($7.7m)
|
|
Legal settlements, net
|
|
—
|
$150k
|
$141k
|
($125k)
|
$200k
|
$969k
|
$352k
|
$28k
|
$844k
|
$267k
|
|
Interest income
|
|
($162k)
|
($98k)
|
($339k)
|
($380k)
|
($107k)
|
($59k)
|
$2.2m
|
$5.1m
|
$3.8m
|
$2.0m
|
|
Income tax provision (benefit)
|
|
$236k
|
($3.3m)
|
$221k
|
$201k
|
($208k)
|
$33k
|
$1.2m
|
($65.5m)
|
$2.4m
|
$9.6m
|
|
Series A convertible preferred stock dividends
|
|
—
|
—
|
—
|
—
|
($1.6m)
|
($1.8m)
|
($1.8m)
|
($1.2m)
|
$0
|
$0
|
|
Total net revenue
|
|
$127.7m
|
$127.4m
|
$140.8m
|
$160.8m
|
$137.2m
|
$162.6m
|
$198.1m
|
$237.5m
|
$275.6m
|
$319.3m
|
|
Total income before income taxes
|
|
—
|
($11.6m)
|
($12.9m)
|
($33.9m)
|
($21.2m)
|
$6.5m
|
$15.8m
|
$20.7m
|
$25.6m
|
$48.4m
|
|
Net income
|
|
($11.7m)
|
($8.3m)
|
($13.2m)
|
($34.1m)
|
($21.0m)
|
$6.5m
|
$14.6m
|
$86.2m
|
$23.2m
|
$38.8m
|
|
Net income attributable to common shareholders
|
|
($11.7m)
|
($8.3m)
|
($13.2m)
|
($34.1m)
|
($23.6m)
|
$4.6m
|
$12.7m
|
$85.0m
|
$23.2m
|
$38.8m
|
|
Net income per share - basic:
|
|
—
|
—
|
—
|
($1)
|
($1)
|
$0
|
$1
|
$3
|
$1
|
$1
|
|
Net income per share - diluted:
|
|
—
|
—
|
—
|
($1)
|
($1)
|
$0
|
$0
|
$3
|
$1
|
$1
|
|
Weighted average shares outstanding - basic
|
|
—
|
23k
|
23k
|
23k
|
23k
|
24.4m
|
24.7m
|
25.7m
|
27.5m
|
27.9m
|
|
Weighted average shares outstanding - dilted
|
|
—
|
—
|
—
|
23.2m
|
23.5m
|
25.5m
|
25.9m
|
26.8m
|
28.3m
|
28.4m
|
|
Interest expense
|
|
$15k
|
$10k
|
$10k
|
$9k
|
$20k
|
$12k
|
$0
|
$0
|
($1.5m)
|
($493k)
|
|
Other income (expense), net
|
|
$224k
|
($391k)
|
$191k
|
$176k
|
$338k
|
($145k)
|
$697k
|
($152k)
|
$791k
|
$3.9m
|
|
Total operating expense
|
|
$75.2m
|
$76.5m
|
$87.0m
|
$115.0m
|
$110.3m
|
$95.2m
|
$107.9m
|
$128.5m
|
$149.4m
|
$156.9m
|