Web.com group, inc. (WEB)
Income statement / Quarterly
Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Subscription

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43,398

41,465

38,779

32,060

23,957

Professional services and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

505

776

702

674

820

Revenue

186,690

186,741

188,845

188,567

186,731

185,118

187,203

190,686

187,818

144,798

138,321

136,821

135,719

132,600

134,511

137,407

138,176

133,843

131,124

125,197

120,448

115,546

111,432

105,753

98,947

91,514

73,580

43,903

42,241

39,481

32,734

24,777

Gross profit

-

-

-

-

-

-

-

-

-

-

-

91,409

88,617

83,898

-

89,482

89,577

87,257

87,588

82,505

77,569

72,906

69,706

65,558

59,146

52,906

41,463

26,542

24,605

21,774

17,779

14,640

Cost of Revenue and operating expenses:
Subscription

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,026

17,287

17,329

14,436

9,652

Professional services and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

335

349

378

519

485

Cost of revenue (excluding depreciation and amortization)

61,304

62,714

60,667

59,414

58,527

57,922

56,843

58,380

58,758

50,051

43,535

45,412

47,102

48,702

45,989

47,925

48,599

46,586

43,536

42,692

42,879

42,640

41,726

40,195

39,801

38,608

32,117

17,361

17,636

17,707

14,955

10,137

Sales and marketing

47,643

51,579

50,376

51,026

49,230

50,911

52,427

55,304

60,135

42,428

33,579

35,033

35,680

35,679

37,139

37,454

36,710

37,533

35,773

36,386

35,095

33,364

31,037

30,892

29,038

26,844

19,553

11,080

10,669

10,441

8,274

5,185

Technology and development

17,157

20,001

19,329

16,331

17,323

17,001

17,904

15,538

19,732

12,626

14,807

9,062

5,858

5,802

16,607

7,161

7,691

7,198

7,664

8,184

8,408

8,212

8,209

7,883

8,459

9,707

9,050

3,264

3,389

3,549

3,031

2,225

General and administrative

24,741

16,605

18,231

20,168

21,252

19,843

20,529

19,094

18,564

16,732

12,373

16,735

18,273

17,211

8,667

15,257

15,031

13,742

16,937

13,139

11,884

13,780

11,368

11,417

12,716

14,306

21,256

11,207

6,256

6,445

8,124

5,572

Restructuring expense

0

2,703

514

424

0

322

1,570

1,133

778

136

224

0

22

313

166

0

0

0

-

0

-32

-

-55

1,171

441

912

9,206

85

149

96

1,802

-6

Asset impairment

193

93

148

0

0

143

7,112

1,979

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

17,475

17,514

18,109

17,601

17,401

18,433

18,697

21,165

22,273

15,913

14,906

13,846

13,849

13,744

15,398

20,349

19,793

19,239

19,164

20,339

20,301

20,040

19,752

19,816

19,734

19,679

15,243

4,696

4,696

4,821

4,698

3,313

Total cost of revenue and operating expenses

168,513

171,209

167,374

164,964

163,733

164,575

175,082

172,593

180,240

137,886

260,640

74,676

73,682

72,749

269,116

80,221

79,225

77,712

81,227

78,048

75,656

75,396

70,311

71,179

70,388

71,448

74,308

30,332

25,159

25,352

25,929

16,289

Income from operations

18,177

15,532

21,471

23,603

22,998

20,543

12,121

18,093

7,578

6,912

18,897

16,733

14,935

11,149

8,505

9,261

10,352

9,545

6,361

4,457

1,913

-2,490

-605

-5,621

-11,242

-18,542

-32,845

-3,790

-554

-3,578

-8,150

-1,649

Interest expense, net

-8,334

-8,760

-8,457

-8,567

-8,146

-7,891

-7,932

-8,270

-8,662

-5,598

-4,616

-4,966

-5,182

-5,249

-5,356

-6,592

-7,299

-7,492

-7,945

-8,137

-8,267

-9,951

-14,002

-17,166

-17,180

-17,776

-13,421

-1,486

-1,529

-1,584

-1,046

58

Gain on sale of equity method investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

385

-

-

0

5,156

-

-

-

-

-

-

-

Loss from debt extinguishment

-497

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-1,838

-

-

1

-1,138

0

-19,526

-41,977

0

0

0

-

-

-

-

-

-

Net income before income taxes

9,346

6,772

13,014

15,036

14,852

12,652

4,189

9,823

-1,084

1,314

14,281

11,767

9,753

5,900

3,149

831

3,053

2,053

-1,583

-4,818

-5,969

-31,967

-56,584

-22,787

-23,266

-36,318

-50,072

-5,276

-2,083

-5,162

-9,196

-1,591

Income tax expense

3,134

2,196

-17,750

6,735

6,806

6,134

2,276

6,477

522

977

-62,697

5,673

5,203

3,561

11,884

4,250

3,847

1,563

1,846

1,170

3,775

14,536

-4,707

-1,285

-4,207

-6,539

-50,741

195

-111

573

-21,212

217

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

669

-5,471

-1,972

-5,735

12,016

-1,808

Gain on sale of discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-125

75

125

125

-

125

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75

125

125

-

125

Net income

6,212

4,576

30,764

8,301

8,046

6,518

1,913

3,346

-1,606

337

76,978

6,094

4,550

2,339

-

-3,419

-794

490

-

-5,988

-9,744

-46,503

-

-21,502

-19,059

-29,779

544

-5,396

-1,847

-5,610

12,016

-1,683

Other comprehensive income:
Foreign currency translation adjustments

-

-64

-

-

-

598

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign currency translation adjustments

-1,951

-

-

26

-624

-

-

-198

-891

-316

-

-524

797

-708

-

-755

0

0

-

0

-

-

-

-

-

-

-

3

-59

-

-

-

Unrealized gain on investments, net of tax

0

0

0

0

0

1

0

0

0

28

-2

-30

-4

5

-10

-10

4

-2

2

8

-4

9

0

5

0

0

-

-

-

-

-

-

Interest rate swap loss, net of tax benefit of $14, for the three months ended March 31, 2011

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-25

-

-

Total comprehensive income

4,261

4,512

30,280

8,327

7,422

7,117

-

3,148

-2,497

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,635

-

-

Total comprehensive income

-

-

-

-

-

-

-

-

-

49

-

5,540

5,343

1,636

-

-4,184

-790

488

-

-5,980

-9,748

-46,494

-

-21,497

-19,059

-29,779

-

-5,393

-1,906

-

-

-

Basic earnings per share:
Loss from continuing operations, basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.06

-0.19

-0.07

-0.21

0.47

-0.07

Income from discontinued operations, basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.01

0.00

-

-

Net income per basic common share (in dollars per share)

0.13

0.10

0.64

0.17

0.16

0.13

0.03

0.07

-0.03

0.01

-

0.12

0.09

-

-0.16

-0.07

-0.02

0.01

-0.05

-0.12

-0.20

-0.97

-1.10

-0.45

-0.41

-0.65

0.07

-0.19

-0.07

-0.21

0.47

-0.07

Diluted earnings per share:
Loss from continuing operations, diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.06

-0.19

-0.07

-0.21

0.45

-0.07

Income from discontinued operations, diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.01

0.00

-

-

Net income per diluted common share (in dollars per share)

0.13

0.09

0.61

0.16

0.16

0.13

0.03

0.07

-0.03

0.01

1.47

0.12

0.09

0.04

-0.16

-0.07

-0.02

0.01

-0.05

-0.12

-0.20

-0.97

-1.10

-0.45

-0.41

-0.65

0.07

-0.19

-0.07

-0.21

0.45

-0.07

Basic weighted average common shares (in shares)

48,007

47,481

47,064

48,888

49,488

49,076

49,158

49,221

49,293

49,376

49,703

50,035

50,362

50,872

51,303

51,234

50,809

50,334

49,790

49,243

48,670

48,085

47,090

47,307

47,031

46,140

40,788

27,705

27,589

26,618

25,481

25,457

Diluted weighted average common shares (in shares)

49,236

49,066

49,617

51,013

51,186

50,800

52,350

50,771

49,293

51,106

52,529

52,312

52,435

52,492

47,054

51,234

50,809

54,583

49,790

49,243

48,670

48,085

47,090

47,307

47,031

46,140

40,788

27,705

27,589

26,618

26,839

25,457