| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
650,523 | 623,250 | 557,111 | 494,317 | 425,149 | 327,971 | 235,515 | 169,616 | 120,271 | 82,973 |
Operating expenses: | |||||||||
Cost of revenue | |||||||||
278,176 | 267,671 | 233,102 | 203,129 | 174,526 | 130,022 | 90,627 | 64,676 | 45,504 | 32,353 |
Sales and marketing | |||||||||
181,730 | 166,448 | 146,464 | 126,626 | 106,636 | 82,125 | 56,738 | 45,107 | 31,929 | 17,820 |
Product development | |||||||||
57,216 | 58,897 | 52,486 | 47,789 | 41,322 | 38,301 | 21,764 | 16,330 | 9,777 | 4,591 |
General and administrative | |||||||||
113,246 | 97,782 | 98,710 | 70,987 | 61,647 | 38,487 | 23,068 | 21,651 | 10,171 | 8,414 |
Total operating expenses | |||||||||
630,368 | 590,798 | 530,762 | 448,531 | 384,131 | 288,935 | 192,197 | 147,764 | 97,381 | 63,178 |
Income from operations | |||||||||
20,155 | 32,452 | 26,349 | 45,786 | 41,018 | 39,036 | 43,318 | 21,852 | 22,890 | 19,795 |
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | |||||||||
0 | 38,613 | 0 | 0 | - | - | - | - | - | - |
Other income / (expense), net | |||||||||
4,761 | -4,952 | 3,732 | -1,289 | -6,746 | -859 | 57 | -47 | 10 | 19 |
Income before income taxes | |||||||||
24,916 | 66,113 | 30,081 | 44,497 | 34,272 | 38,177 | 43,375 | 21,805 | 22,900 | 19,814 |
Provision for income taxes | |||||||||
4,808 | 11,426 | 13,354 | 11,869 | 14,720 | 16,088 | 16,896 | -25,738 | 1,036 | 876 |
Net income | |||||||||
20,108 | 54,687 | 16,727 | 32,628 | 19,552 | 22,089 | 26,479 | 47,543 | 21,864 | 18,938 |
Undistributed earnings to participating stockholder | |||||||||
- | - | - | - | 2 | 42 | 80 | -4,086 | -2,692 | -3,659 |
Preferred interest distributed | |||||||||
- | - | - | - | - | - | - | 9,000 | 7,144 | 6,475 |
Preferred interest accretion | |||||||||
- | - | - | - | - | - | - | - | 4,058 | 7,068 |
Net income available to common stockholders | |||||||||
- | - | - | - | 19,550 | 22,047 | 26,399 | 42,629 | 13,354 | 9,054 |
Earnings per share: | |||||||||
Distributed (in dollars per share) | |||||||||
- | - | - | - | - | - | - | 1.14 | 1.03 | 0.94 |
Undistributed (in dollars per share) | |||||||||
- | - | - | - | - | - | - | 0.65 | -0.39 | -0.50 |
Basic (in dollars per share) | |||||||||
0.57 | 1.57 | 0.48 | 0.93 | 0.54 | 0.63 | 0.78 | 1.79 | 0.64 | 0.44 |
Distributed (in dollars per share) | |||||||||
- | - | - | - | - | - | - | 1.13 | 1.03 | 0.94 |
Undistributed (in dollars per share) | |||||||||
- | - | - | - | - | - | - | 0.66 | -0.39 | -0.50 |
Diluted (in dollars per share) | |||||||||
0.57 | 1.54 | 0.47 | 0.91 | 0.54 | 0.61 | 0.77 | 1.79 | 0.64 | 0.44 |
Weighted average shares outstanding: | |||||||||
Basic (in shares) | |||||||||
35,285 | 34,935 | 34,627 | 35,114 | 35,880 | 35,235 | 33,878 | 23,785 | 20,849 | 20,770,041 |
Diluted (in shares) | |||||||||
35,581 | 35,420 | 35,291 | 35,861 | 36,319 | 35,913 | 34,426 | 23,833 | 20,849 | 20,770,041 |