| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
Revenue | ||||||
Technology offerings | ||||||
453,106 | 439,804 | 297,481 | ||||
Services | ||||||
465,820 | 375,805 | 303,983 | ||||
Revenue | ||||||
918,926 | 815,609 | 601,464 | ||||
Cost of revenue | ||||||
Technology offerings | ||||||
348,430 | 333,082 | 220,377 | ||||
Services | ||||||
296,011 | 233,283 | 187,641 | ||||
Total cost of revenue | ||||||
644,441 | 566,365 | 408,018 | ||||
Gross profit | ||||||
Gross profit | ||||||
274,485 | 249,244 | 193,446 | ||||
Operating expenses | ||||||
Sales and marketing | ||||||
139,469 | 128,733 | 96,578 | ||||
General and administrative | ||||||
61,367 | 40,262 | 36,955 | ||||
Transaction costs | ||||||
14,071 | 6,055 | 5,678 | ||||
Depreciation and amortization | ||||||
34,908 | 27,692 | 23,520 | ||||
Total operating expenses | ||||||
249,815 | 202,742 | 162,731 | ||||
Operating income | ||||||
24,670 | 46,502 | 30,715 | ||||
Other (income) expense | ||||||
Interest income | ||||||
105 | 11 | 26 | ||||
Interest expense | ||||||
52,057 | 31,438 | 23,072 | ||||
Other expense, net | ||||||
-87 | -10 | -72 | ||||
Total other expense, net | ||||||
-52,039 | -31,437 | -23,118 | ||||
Income (loss) before income taxes | ||||||
-27,369 | 15,065 | 7,597 | ||||
Income tax benefit | ||||||
-19,348 | 6,716 | 3,574 | ||||
Net income (loss) | ||||||
-8,021 | 8,349 | 4,023 | ||||
Net income (loss) per common share: | ||||||
Basic and diluted | ||||||
-0.09 | 0.09 | 0.04 | ||||
Weighted average number of shares outstanding: | ||||||
Cash dividends per share of Class A common stock | ||||||
- | 1.00 | - | ||||