XML 15 R4.htm IDEA: XBRL DOCUMENT v3.19.2
Interim Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Interim Condensed Consolidated Statements of Income [Abstract]        
Net revenues $ 545,242 $ 335,377 $ 1,019,012 $ 656,353
Cost of net revenues (272,812) (175,629) (509,578) (333,847)
Gross profit 272,430 159,748 509,434 322,506
Operating expenses:        
Product and technology development (53,923) (33,437) (106,292) (71,833)
Sales and marketing (180,692) (121,216) (311,368) (231,939)
General and administrative (50,303) (33,337) (94,123) (76,395)
Total operating expenses (284,918) (187,990) (511,783) (380,167)
Loss from operations (12,488) (28,242) (2,349) (57,661)
Other income (expenses):        
Interest income and other financial gains 33,684 9,915 58,128 19,110
Interest expense and other financial losses (14,679) (13,202) (30,238) (23,936)
Foreign currency (losses) gains 783 12,577 (2,886) 18,178
Net income (loss) before income tax gain 7,300 (18,952) 22,655 (44,309)
Income tax gain 8,917 7,700 5,426 20,138
Net income (loss) $ 16,217 $ (11,252) $ 28,081 $ (24,171)
Basic EPS: Basic net income (loss)        
Available to shareholders per common share $ 0.31 $ (0.25) $ 0.45 $ (0.55)
Weighted average of outstanding common shares 49,318,522 44,157,364 47,658,610 44,157,364
Diluted EPS: Diluted net income (loss)        
Available to shareholders per common share $ 0.31 $ (0.25) $ 0.45 $ (0.55)
Weighted average of outstanding common shares 49,318,522 44,157,364 47,658,610 44,157,364