| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Total revenues | ||||||||||
1,330,576 | 1,088,743 | 863,893 | 857,498 | 658,140 | 463,649 | 390,436 | 500,275 | 259,251 | 154,640 | 116,044 |
Cost of Revenue | ||||||||||
464,125 | 388,573 | 300,450 | 301,986 | 189,209 | 148,672 | 134,282 | 157,736 | 91,988 | 40,550 | 28,669 |
Gross profit | ||||||||||
866,451 | 700,170 | 563,443 | 555,512 | 468,931 | 314,977 | 256,154 | 342,539 | 167,263 | 114,090 | 87,375 |
Operating expenses: | ||||||||||
Research and Development Expense | ||||||||||
414,875 | 360,344 | 365,878 | 322,620 | 252,175 | 208,877 | 169,382 | 138,310 | 92,283 | 56,804 | 42,241 |
Selling and Marketing Expense | ||||||||||
162,726 | 148,553 | 150,457 | 133,780 | 97,438 | 76,860 | 70,544 | 60,894 | 40,294 | 22,104 | 17,034 |
General and Administrative Expense | ||||||||||
79,473 | 68,870 | 52,170 | 68,522 | 44,212 | 36,431 | 37,046 | 24,456 | 21,736 | 11,744 | 9,353 |
Restructuring and impairment charges | ||||||||||
1,457 | 10,329 | 12,000 | 0 | 0 | - | - | - | - | - | - |
Total operating expenses | ||||||||||
658,531 | 588,096 | 580,524 | 524,922 | 393,825 | 322,168 | 276,972 | 223,660 | 154,313 | 90,652 | 68,628 |
Income (loss) from operations | ||||||||||
207,920 | 112,074 | -17,081 | 30,590 | 75,106 | -7,191 | -20,818 | 118,879 | 12,950 | 23,438 | 18,747 |
Interest expense | ||||||||||
- | - | - | 7,352 | 0 | 0 | - | - | - | - | - |
Other income, net | ||||||||||
- | - | - | 1,090 | -524 | 1,449 | - | - | - | - | - |
Interest and other, net | ||||||||||
16,009 | 137 | -4,822 | -6,262 | -524 | 1,449 | 1,228 | 1,259 | 759 | -135 | 518 |
Income (loss) before taxes on income | ||||||||||
223,929 | 112,211 | -21,903 | 24,328 | 74,582 | -5,742 | -19,590 | 120,138 | 13,709 | 23,303 | 19,265 |
Income Tax Expense (Benefit) | ||||||||||
18,834 | -22,047 | -2,478 | 5,810 | -18,312 | 18,267 | 3,752 | 8,187 | 3,375 | 9,763 | 6,379 |
Net Income (Loss) Available to Common Stockholders, Basic | ||||||||||
205,095 | 134,258 | -19,425 | 18,518 | 92,894 | -24,009 | -23,342 | 111,951 | 10,334 | 13,540 | 12,886 |
Net income (loss) per share - basic (in USD per share) | ||||||||||
3.73 | 2.54 | -0.39 | 0.38 | 2.00 | -0.54 | -0.54 | 2.71 | 0.29 | 0.40 | 0.40 |
Net income (loss) per share - diluted (in USD per share) | ||||||||||
3.62 | 2.46 | -0.39 | 0.37 | 1.94 | -0.54 | -0.54 | 2.55 | 0.27 | 0.38 | 0.39 |
Shares used in computing net income (loss) per share: | ||||||||||
Basic (in shares) | ||||||||||
54,946 | 52,863 | 50,310 | 48,145 | 46,365 | 44,831 | 43,421 | 41,308 | 36,263 | 33,591 | 32,099 |
Diluted (in shares) | ||||||||||
56,662 | 54,646 | 50,310 | 49,526 | 47,778 | 44,831 | 43,421 | 43,901 | 38,562 | 35,483 | 33,400 |