XML 81 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue:        
Total revenue $ 127,880 $ 111,848 $ 361,875 $ 309,092
Cost of revenue:        
Total cost of revenue [1] 47,523 41,992 131,029 106,857
Operating expenses:        
Sales and marketing 14,533 14,128 43,392 39,562
General and administrative 18,701 43,662 51,785 77,943
Research and development 29,461 22,869 84,375 64,767
Amortization and depreciation 5,467 5,891 15,833 16,154
Total operating expenses 68,162 86,550 195,385 198,426
Operating income / (loss) 12,195 (16,694) 35,461 3,809
Interest expense (715) (736) (2,322) (2,159)
Interest income 2,703 661 4,317 1,442
Other income, net 6,380 56 6,468 91
Income / (loss) before income taxes 20,563 (16,713) 43,924 3,183
Provision for / (benefit from) income taxes 2,873 (9,061) 3,428 (10,413)
Net income / (loss) 17,690 (7,652) 40,496 13,596
Income allocated to participating securities 0 0 0 (2)
Net income / (loss) attributable to common stockholders $ 17,690 $ (7,652) $ 40,496 $ 13,594
Net income / (loss) per share:        
Basic (in dollars per share) $ 0.36 $ (0.16) $ 0.84 $ 0.29
Diluted (in dollars per share) $ 0.35 $ (0.16) $ 0.81 $ 0.27
Weighted average common shares outstanding:        
Basic (in shares) 48,518,041 47,812,642 48,360,927 47,494,926
Diluted (in shares) 50,152,807 47,812,642 50,238,409 49,593,918
SaaS and license        
Revenue:        
Total revenue $ 84,924 $ 74,292 $ 247,313 $ 213,248
Cost of revenue:        
Total cost of revenue [1] 12,438 11,501 37,428 33,334
Hardware and other        
Revenue:        
Total revenue 42,956 37,556 114,562 95,844
Cost of revenue:        
Total cost of revenue [1] $ 35,085 $ 30,491 $ 93,601 $ 73,523
[1]
Exclusive of amortization and depreciation shown in operating expenses below.