| Dec'17 | Dec'16 | Dec'15 | ||||
|---|---|---|---|---|---|---|
Revenue | ||||||
523,940 | 411,162 | 421,711 | ||||
Cost of revenue | ||||||
142,479 | 126,675 | 154,213 | ||||
Gross profit | ||||||
381,461 | 284,487 | 267,498 | ||||
Operating expenses | ||||||
Selling and marketing | ||||||
166,288 | 121,466 | 170,149 | ||||
General and administrative | ||||||
72,626 | 64,683 | 78,181 | ||||
Technology and product development | ||||||
71,308 | 63,251 | 73,535 | ||||
Total operating expenses | ||||||
310,222 | 249,400 | 321,865 | ||||
Operating income / (loss) | ||||||
71,239 | 35,087 | -54,367 | ||||
Financial income | ||||||
2,389 | 8,327 | 10,797 | ||||
Financial expense | ||||||
19,268 | 15,079 | 23,702 | ||||
Income before income taxes | ||||||
54,360 | 28,335 | -67,272 | ||||
Income tax expense | ||||||
11,994 | 10,538 | 18,004 | ||||
Net income | ||||||
42,366 | 17,797 | -85,276 | ||||
Earnings per share available to common stockholders: | ||||||
Basic | ||||||
0.69 | 0.30 | -1.49 | ||||
Diluted | ||||||
0.69 | 0.30 | -1.49 | ||||
Shares used in computing earnings per share (in thousands): | ||||||
Basic | ||||||
61,457 | 58,518 | 57,078 | ||||
Diluted | ||||||
61,548 | 58,609 | 57,186 | ||||