|
Net revenue
|
|
$143.3m
|
$290.3m
|
$517.2m
|
$748.2m
|
$676.2m
|
$507.0m
|
$624.9m
|
|
Gross profit
|
|
$60.5m
|
$117.9m
|
$231.7m
|
$320.0m
|
$329.5m
|
$351.8m
|
$437.3m
|
|
Other operating expenses
|
|
$7.1m
|
$5.3m
|
$13.5m
|
$26.5m
|
$18.0m
|
$16.8m
|
$20.4m
|
|
Total operating expenses
|
|
$119.3m
|
$165.0m
|
$393.7m
|
$529.8m
|
$612.5m
|
$376.3m
|
$483.7m
|
|
Compensation and benefits
|
|
$88.3m
|
$129.8m
|
$318.1m
|
$415.1m
|
$499.6m
|
$397.6m
|
$340.4m
|
|
Technology
|
|
$7.8m
|
$13.2m
|
$33.6m
|
$52.4m
|
$55.6m
|
$60.1m
|
$65.0m
|
|
Professional services
|
|
$7.2m
|
$7.2m
|
$18.4m
|
$23.5m
|
$21.7m
|
$20.1m
|
$21.9m
|
|
Occupancy
|
|
$3.8m
|
$4.3m
|
$4.2m
|
$4.5m
|
$4.4m
|
$6.0m
|
$3.8m
|
|
Depreciation and amortization
|
|
$3.1m
|
$3.5m
|
$3.5m
|
$3.9m
|
$10.7m
|
$17.5m
|
$27.2m
|
|
Marketing and advertising
|
|
$2.1m
|
$1.7m
|
$2.3m
|
$4.0m
|
$2.6m
|
$3.0m
|
$5.1m
|
|
Executive chairman long-term performance award
|
|
—
|
—
|
—
|
$53.2m
|
$53.2m
|
($144.6m)
|
$0
|
|
Loss from operations
|
|
($58.9m)
|
($47.1m)
|
($162.0m)
|
($209.8m)
|
($283.0m)
|
($24.5m)
|
($46.4m)
|
|
Other income, net
|
|
$698k
|
($521k)
|
($2.6m)
|
$24.9m
|
$52.4m
|
$52.5m
|
$33.1m
|
|
Net (loss) income
|
|
($58.2m)
|
($47.7m)
|
($163.9m)
|
($184.8m)
|
($223.0m)
|
$27.3m
|
($13.9m)
|
|
Net (loss) income attributable to common stockholders, basic
|
|
($122.3m)
|
($47.7m)
|
($163.9m)
|
($184.8m)
|
($223.0m)
|
$27.3m
|
($13.9m)
|
|
Net (loss) income attributable to common stockholders, diluted
|
|
($58.2m)
|
($47.7m)
|
($163.9m)
|
($184.8m)
|
($223.0m)
|
$27.3m
|
($13.9m)
|
|
Change in foreign currency translation adjustment
|
|
($22k)
|
($64k)
|
($14k)
|
($167k)
|
($40k)
|
($468k)
|
$2.1m
|
|
Net change in unrealized (loss) gain on short-term investments
|
|
$69k
|
$43k
|
($2.2m)
|
($4.8m)
|
$8.0m
|
($608k)
|
($243k)
|
|
Net other comprehensive income (loss)
|
|
$47k
|
($21k)
|
($2.3m)
|
($5.0m)
|
$8.0m
|
($1.1m)
|
$1.8m
|
|
Comprehensive (loss) income
|
|
($58.2m)
|
($47.7m)
|
($166.2m)
|
($189.8m)
|
($215.0m)
|
$26.2m
|
($12.1m)
|
|
Basic (in dollars per share)
|
|
($1.07)
|
($0.39)
|
($0.45)
|
($0.34)
|
($0.42)
|
$0.05
|
($0.03)
|
|
Diluted (in dollars per share)
|
|
($1.07)
|
($0.39)
|
($0.45)
|
($0.34)
|
($0.42)
|
$0.05
|
($0.03)
|
|
Costs of revenue
|
|
$82.8m
|
$172.4m
|
$285.5m
|
$428.2m
|
$346.7m
|
$155.1m
|
$187.6m
|
|
(Loss) income before income tax expense (benefit)
|
|
($58.2m)
|
($47.6m)
|
($164.6m)
|
($184.9m)
|
($230.6m)
|
$28.1m
|
($13.3m)
|
|
Income tax expense (benefit)
|
|
$35k
|
$87k
|
($640k)
|
($102k)
|
($7.6m)
|
$793k
|
$596k
|