|
Revenue
|
|
$202.6m
|
$253.4m
|
$300.6m
|
$373.6m
|
$502.8m
|
$618.3m
|
$689.1m
|
$769.3m
|
$787.8m
|
|
Cost of revenue
|
|
$65.4m
|
$81.5m
|
$88.1m
|
$104.3m
|
$135.5m
|
$160.4m
|
$170.4m
|
$174.1m
|
$174.8m
|
|
Gross profit
|
|
$137.1m
|
$171.9m
|
$212.4m
|
$269.4m
|
$367.3m
|
$457.9m
|
$518.7m
|
$595.2m
|
$613.0m
|
|
Research and development
|
|
$45.6m
|
$55.5m
|
$64.0m
|
$83.5m
|
$119.1m
|
$154.6m
|
$177.4m
|
$209.3m
|
$185.5m
|
|
Total operating expenses
|
|
$140.2m
|
$183.6m
|
$231.2m
|
$291.8m
|
$421.5m
|
$550.5m
|
$529.9m
|
$530.0m
|
$483.7m
|
|
Sales and marketing
|
|
$53.0m
|
$73.0m
|
$95.9m
|
$133.2m
|
$183.3m
|
$246.9m
|
$220.7m
|
$185.2m
|
$143.4m
|
|
General and administrative
|
|
$37.3m
|
$49.3m
|
$67.3m
|
$71.5m
|
$113.1m
|
$124.0m
|
$118.9m
|
$128.8m
|
$146.6m
|
|
Provision for transaction losses
|
|
$4.2m
|
$5.8m
|
$3.9m
|
$3.6m
|
$6.0m
|
$25.2m
|
$13.0m
|
$6.7m
|
$8.1m
|
|
Income (loss) from operations
|
|
($3.1m)
|
($11.7m)
|
($18.7m)
|
($22.4m)
|
($54.2m)
|
($92.6m)
|
($11.3m)
|
$65.2m
|
$129.3m
|
|
Other income, net
|
|
$62k
|
$6.1m
|
($3.4m)
|
($469k)
|
($279k)
|
($7.8m)
|
$60.1m
|
$25.2m
|
$23.9m
|
|
Income tax (provision) benefit
|
|
$22k
|
($15k)
|
($28k)
|
($150k)
|
($122k)
|
($536k)
|
($2.0m)
|
$125.2m
|
($37.8m)
|
|
Net unrealized holding gain on marketable securities, net
|
|
—
|
—
|
—
|
($18k)
|
($547k)
|
($2.6m)
|
$3.3m
|
$59k
|
$490k
|
|
Total comprehensive income
|
|
—
|
—
|
—
|
($22.9m)
|
($56.8m)
|
($92.4m)
|
$50.2m
|
$215.6m
|
$115.9m
|
|
Income before income taxes
|
|
($4.1m)
|
($19.9m)
|
($16.6m)
|
($22.7m)
|
($56.1m)
|
($89.3m)
|
$48.9m
|
$90.4m
|
$153.2m
|
|
Net income
|
|
($4.1m)
|
($19.9m)
|
($16.7m)
|
($22.9m)
|
($56.2m)
|
($89.9m)
|
$46.9m
|
$215.6m
|
$115.4m
|
|
Basic (in dollars per share)
|
|
—
|
—
|
($0.15)
|
($0.19)
|
($0.44)
|
($0.69)
|
$0.35
|
$1.61
|
$0.87
|
|
Diluted (in dollars per share)
|
|
—
|
—
|
($0.15)
|
($0.19)
|
($0.44)
|
($0.69)
|
$0.34
|
$1.51
|
$0.82
|