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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues:        
Total revenues $ 125,351 $ 110,584 $ 248,253 $ 222,008
Cost of revenues:        
Total cost of revenues 23,038 23,989 45,587 48,534
Gross profit 102,313 86,595 202,666 173,474
Operating expenses:        
Sales and marketing 40,321 34,951 78,519 74,469
Research and development 28,548 25,867 58,031 51,968
General and administrative 22,917 19,449 44,646 40,781
Digital asset impairment losses 424,774 0 618,869 0
Total operating expenses 516,560 80,267 800,065 167,218
(Loss) income from operations (414,247) 6,328 (597,399) 6,256
Interest (expense) income, net (4,401) 563 (6,797) 2,418
Other income (expense), net (897) (1,995) 367 (1,561)
(Loss) income before income taxes (419,545) 4,896 (603,829) 7,113
(Benefit from) provision for income taxes (120,198) 1,509 (194,462) 3,069
Net (loss) income $ (299,347) $ 3,387 $ (409,367) $ 4,044
Basic (loss) earnings per share [1] $ (30.71) $ 0.35 $ (42.22) $ 0.41
Weighted average shares outstanding used in computing basic (loss) earnings per share 9,746 9,739 9,697 9,858
Diluted (loss) earnings per share [1] $ (30.71) $ 0.35 $ (42.22) $ 0.41
Weighted average shares outstanding used in computing diluted (loss) earnings per share 9,746 9,741 9,697 9,886
Product licenses        
Revenues:        
Total revenues $ 22,151 $ 14,816 $ 43,431 $ 27,400
Cost of revenues:        
Total cost of revenues 419 514 907 1,184
Subscription services        
Revenues:        
Total revenues 10,342 8,021 20,368 15,989
Cost of revenues:        
Total cost of revenues 3,810 3,792 7,438 7,856
Total product licenses and subscription services        
Revenues:        
Total revenues 32,493 22,837 63,799 43,389
Cost of revenues:        
Total cost of revenues 4,229 4,306 8,345 9,040
Product support        
Revenues:        
Total revenues 71,027 70,038 141,676 141,196
Cost of revenues:        
Total cost of revenues 4,862 6,837 9,674 13,555
Other services        
Revenues:        
Total revenues 21,831 17,709 42,778 37,423
Cost of revenues:        
Total cost of revenues $ 13,947 $ 12,846 $ 27,568 $ 25,939
[1] Basic and fully diluted (loss) earnings per share for class A and class B common stock are the same.