XML 14 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Revenue $ 436,817 $ 339,901 $ 1,308,839 $ 1,113,738
Cost of revenue (1) [1] 197,365 125,540 552,219 412,381
Technology and development expense (1) [1] 57,392 48,311 160,358 138,841
Marketing and selling expense (1) [1] 132,352 120,795 397,158 371,680
General and administrative expense (1) [1] 36,398 40,914 106,100 109,748
Impairment of goodwill 30,841 0 30,841 [2] 0
(Loss) income from operations (17,531) 4,341 62,163 81,088
Other (expense) income, net (9,003) 8,291 7,929 30,282
Interest expense, net (10,091) (3,131) (28,377) (9,508)
(Loss) income before income taxes (36,625) 9,501 41,715 101,862
Income tax (benefit) provision (162) 1,576 10,857 7,658
Net (loss) income (36,463) 7,925 30,858 94,204
Add: Net loss attributable to noncontrolling interests (3,100) (686) (4,177) (1,710)
Net income attributable to Cimpress N.V. $ (33,363) $ 8,611 $ 35,035 $ 95,914
Basic net (loss) income per share attributable to Cimpress N.V. $ (1.06) $ 0.26 $ 1.10 $ 2.95
Diluted net (loss) income per share attributable to Cimpress N.V. $ (1.06) $ 0.25 $ 1.07 $ 2.85
Weighted average shares outstanding — basic 31,343,711 32,694,354 31,734,226 32,537,940
Weighted average shares outstanding — diluted 31,343,711 34,180,563 32,792,355 33,637,567
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]        
Share-based compensation expense     $ 18,153 $ 18,764
Cost of revenue        
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]        
Share-based compensation expense $ 3 $ 17 57 62
Technology and development expense        
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]        
Share-based compensation expense 1,606 1,032 4,358 2,961
Marketing and selling expense        
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]        
Share-based compensation expense 387 465 1,223 1,437
General and administrative expense        
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]        
Share-based compensation expense $ 3,957 $ 5,124 $ 12,571 $ 14,304
[1] Share-based compensation is allocated as follows:
[2] During the third quarter of fiscal 2016 we recorded an impairment of $30,841 related to our Exagroup reporting unit. See below for additional details.