XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Revenue $ 139,355 $ 159,924 $ 300,015 $ 280,911
Type of Revenue [Extensible List] us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember
Operating expenses:        
Platform operations $ 42,133 $ 35,330 $ 82,341 $ 68,981
Type of Cost, Good or Service [Extensible List] us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember
Sales and marketing $ 37,071 $ 31,072 $ 71,365 $ 53,809
Technology and development 40,058 29,452 76,852 54,764
General and administrative 35,865 32,121 74,463 65,738
Total operating expenses 155,127 127,975 305,021 243,292
(Loss) income from operations (15,772) 31,949 (5,006) 37,619
Other expense (income):        
Interest expense (income), net 104 (1,286) (988) (2,283)
Foreign currency exchange loss (gain), net 352 (134) 1,586 1,196
Credit loss expense on available-for-sale securities (262)   13  
Total other expense (income), net 194 (1,420) 611 (1,087)
(Loss) income before income taxes (15,966) 33,369 (5,617) 38,706
Provision for (benefit from) income taxes (41,077) 5,569 (54,785) 755
Net income $ 25,111 $ 27,800 $ 49,168 $ 37,951
Earnings per share:        
Basic $ 0.54 $ 0.63 $ 1.07 $ 0.86
Diluted $ 0.52 $ 0.58 $ 1.01 $ 0.80
Weighted average shares outstanding:        
Basic 46,136 44,404 45,818 44,157
Diluted 48,654 47,828 48,484 47,573