GRUBHUB INC. GRUB Income Statement

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12
Revenues
1,312,151	1,007,257	683,067	493,331	361,825	253,873	137,143	82,299
Costs and expenses:
Operations and support
675,471	454,321	269,453	171,756	107,424	62,509	34,173	18,165
Sales and marketing
310,299	214,290	150,730	110,323	91,150	66,201	37,347	26,892
Technology (exclusive of amortization)
115,297	82,278	56,263	42,454	32,782	25,185	15,357	10,172
General and administrative
101,918	85,465	65,023	50,482	41,013	32,307	21,907	12,249
Depreciation and amortization
115,449	85,940	51,848	35,193	28,034	22,687	13,470	6,089
Total costs and expenses
1,318,434	922,294	593,317	410,208	300,403	208,889	122,254	73,567
Income (loss) from operations
-6,283	84,963	89,750	83,123	61,422	-	-	-
Interest expense - net
-20,493	-3,530	-102	729	507	-	-	-
Income (loss) before provision for income taxes
-26,776	81,433	89,648	83,852	61,929	44,984	14,889	8,732
Income tax benefit
-8,210	2,952	-9,335	34,295	23,852	20,721	8,142	813
Net income
-	-	-	-	-	24,263	6,747	7,919
Preferred stock tax distributions
-	-	-	-	-	320	1,073	402
Net income (loss) attributable to common stockholders
-18,566	78,481	98,983	49,557	38,077	23,943	5,674	7,517
Net income (loss) per share attributable to common stockholders:
Basic
-0.20	0.88	1.15	0.58	0.45	0.33	0.14	0.24
Diluted
-0.20	0.85	1.12	0.58	0.44	0.30	0.12	0.19
Weighted-average shares used to compute net income (loss) per share attributable to common stockholders:
Basic
91,247	89,447	86,297	85,069	84,076	73,571	40,681	31,320
Diluted
91,247	92,354	88,182	86,135	85,706	81,698	56,645	42,666