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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Total revenues $ 248,480 $ 202,997 $ 693,416 $ 581,977
Cost of revenues:        
Total cost of revenues 54,232 42,628 156,972 116,592
Gross profit 194,248 160,369 536,444 465,385
Operating expense (income):        
Research and development 57,334 50,217 157,913 139,570
Selling and marketing 44,392 41,824 114,846 107,551
General and administrative 35,329 32,956 110,233 85,390
Deferred compensation plan 88,965 50 89,327 (115)
Amortization of purchased intangibles 8,676 3,869 16,703 10,984
Expenses associated with initial public offering 0 26,130 0 26,130
Total operating expenses 234,696 155,046 489,022 369,510
(Loss) income from operations (40,448) 5,323 47,422 95,875
Interest expense, net (3,836) (1,934) (8,608) (4,450)
Other (expense) income, net (957) 13,741 9,748 6,756
(Loss) income before income taxes (45,241) 17,130 48,562 98,181
(Provision) benefit for income taxes (4,223) (10,705) 6,165 (22,145)
Loss from investment accounted for using the equity method, net of tax (664) (581) (2,939) (1,447)
Net (loss) income (50,128) 5,844 51,788 74,589
Less: Net (loss) income attributable to participating securities (3) (4) (6) (4)
Net (loss) income attributable to Class A and Class B common stockholders $ (50,131) $ 5,840 $ 51,782 $ 74,585
Per share information:        
Net (loss) income per share, basic (USD per share) $ (0.16) $ 0.02 $ 0.17 $ 0.26
Net (loss) income per share, diluted (USD per share) $ (0.16) $ 0.02 $ 0.16 $ 0.25
Weighted average shares, basic (in shares) 308,195,379 289,318,391 305,119,985 287,063,892
Weighted average shares, diluted (in shares) 308,195,379 299,634,961 314,658,136 297,251,349
Subscriptions and licenses        
Revenues:        
Total revenues $ 224,093 $ 186,001 $ 619,177 $ 537,031
Cost of revenues:        
Total cost of revenues 31,056 23,338 89,882 66,466
Subscriptions        
Revenues:        
Total revenues 212,227 173,174 585,804 501,011
Perpetual licenses        
Revenues:        
Total revenues 11,866 12,827 33,373 36,020
Services        
Revenues:        
Total revenues 24,387 16,996 74,239 44,946
Cost of revenues:        
Total cost of revenues $ 23,176 $ 19,290 $ 67,090 $ 50,126