XML 71 R100.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Note 19 - Segment Reporting - Information by Reportable Segments (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net Revenues $ 85,946 $ 88,129 $ 84,117 $ 78,953 $ 85,612 $ 83,519 $ 81,087 $ 95,795 $ 337,145 $ 346,013 [1],[2] $ 329,421
Cost of revenues                 217,579 232,103 [2] 230,600
Network expenses                 9,190 9,846 [2] 9,324
Depreciation of property and equipment                 8,475 5,298 [2] 3,142
Amortization of intangible assets                 1,124 1,996 [2] 1,834
Total cost of revenues                 236,368 249,243 [2],[3] 244,900
Gross Profit $ 26,045 $ 27,574 $ 24,507 $ 22,651 $ 27,731 $ 24,261 $ 22,158 $ 22,619 100,777 96,770 [2] 84,521
Sales and marketing                 34,270 33,063 [2] 29,423
Technical operations and development                 9,717 8,748 [2] 7,258
General and administrative                 17,880 17,710 [2] 13,594
Depreciation of property and equipment                 486 424 [2] 585
Loss on disposition of property and equipment                 73 [2]
Amortization of intangible assets                 9,209 7,247 [2] 6,566
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)                 111
Loss (gain) on currency forward contracts                 (198) 254 [2] (98)
Income from operations                 29,340 29,324 [2] 27,082
Other income (expenses), net                 (4,769) (3,169) [2] (3,007)
Income before provision for income taxes                 24,571 26,155 [2] 24,075
Network Access Services [Member]                      
Net Revenues                 95,663 97,324 [1] 89,452
Cost of revenues                 48,343 50,055 48,640
Network expenses                 2,007 2,029 1,861
Depreciation of property and equipment                 6,877 4,063 2,201
Amortization of intangible assets                 46 46 46
Total cost of revenues                 57,273 56,193 52,748
Gross Profit                 38,390 41,131 36,704
Domain Name Services [Member]                      
Net Revenues                 241,482 248,689 [1] 239,969
Cost of revenues                 169,236 182,048 181,960
Network expenses                 7,183 7,817 7,463
Depreciation of property and equipment                 1,598 1,235 941
Amortization of intangible assets                 1,078 1,950 1,788
Total cost of revenues                 179,095 193,050 192,152
Gross Profit                 $ 62,387 $ 55,639 $ 47,817
[1] As a result of the bulk transfers of 2.89 million domain names to Namecheap throughout 2018, recognized revenue for the year ended December 31, 2018 includes $16.9 million, related to previously deferred revenue, a portion of which would have otherwise been recognized after December 31, 2018.
[2] The Company has initially applied ASC 2016-02 (Topic 842) on January 1, 2019 using the modified retrospective method (note 2(v)). Under this method, the comparative information is not restated.
[3] As a result of the bulk transfers of 2.89 million domain names to Namecheap throughout 2018, recognized Cost of revenue for the year ended December 31, 2018 includes $16.8 million, related to previously deferred prepaid registry fees, a portion of which would have otherwise been recognized after December 31, 2018.