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Summary of significant accounting policies (Tables)
6 Months Ended
Jun. 30, 2019
Accounting Policies [Abstract]  
Schedule of Error Corrections and Prior Period Adjustments
The following table summarizes the reclassification activity for the three months ended June 30, 2018:
(in thousands)
 
As previously reported
 
Category expansion
 
Operating costs and expenses reclassification
 
As currently reported
Cost of revenue (exclusive of depreciation and amortization)
 
$
33,893

 
$

 
$
1,864

 
$
35,757

Sales and marketing
 
3,678

 
(118
)
 
(393
)
 
3,167

Product development
 

 
1,142

 

 
1,142

General and administrative
 
11,448

 
(1,024
)
 
(1,471
)
 
8,953

The following table summarizes the reclassification activity for the six months ended June 30, 2018:
(in thousands)
 
As previously reported
 
Category expansion
 
Operating costs and expenses reclassification
 
As currently reported
Cost of revenue (exclusive of depreciation and amortization)
 
$
69,556

 
$

 
$
3,820

 
$
73,376

Sales and marketing
 
7,684

 
(599
)
 
(816
)
 
6,269

Product development
 

 
1,876

 

 
1,876

General and administrative
 
19,893

 
(1,277
)
 
(3,004
)
 
15,612

The following table summarizes the reclassification activity for the six months ended June 30, 2018, within cash flows from operating activities on the condensed consolidated statements of cash flows:
(in thousands)
 
As previously reported
 
Reclassification
 
As currently reported
Accounts payable
 
$
1,328

 
$
(1,536
)
 
$
(208
)
Accrued expenses and other current liabilities
 
(3,902
)
 
1,536

 
(2,366
)
For the three and six months ended June 30, 2018, the changes to basic and diluted weighted average shares outstanding resulted in corresponding changes to basic and diluted income (loss) per share as follows:
 
 
Three Months Ended
June 30, 2018
 
Six Months Ended
June 30, 2018
(In thousands, except share data)
 
As previously reported
 
As currently reported
 
As previously reported
 
As currently reported
Weighted average number of shares outstanding:

 
 
 
 
 
 
 
 
Basic
 
75,282,042

 
78,196,959

 
71,318,930

 
74,885,746

Diluted
 
78,196,959

 
78,196,959

 
71,318,930

 
74,885,746

Basic and diluted income (loss) per share:
 
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
 
Continuing operations
 
$
0.04

 
$
0.03

 
$
(0.04
)
 
$
(0.04
)
Discontinued operations
 
$

 
$

 
$
(0.30
)
 
$
(0.28
)
Net income (loss)
 
$
0.04

 
$
0.03

 
$
(0.34
)
 
$
(0.32
)
Diluted:
 
 
 
 
 
 
 
 
Continuing operations
 
$
0.03

 
$
0.03

 
$
(0.04
)
 
$
(0.04
)
Discontinued operations
 
$

 
$

 
$
(0.30
)
 
$
(0.28
)
Net income (loss)
 
$
0.03

 
$
0.03

 
$
(0.34
)
 
$
(0.32
)
Schedule of Cash and Cash Equivalents
As of June 30, 2019 and 2018, the Company's cash, cash equivalents and restricted cash balances consist of the following:
 
Six Months Ended June 30,
(In thousands)
2019
 
2018
Cash and cash equivalents
$
21,836

 
$
10,068

Restricted cash
1,480

 

Total cash, cash equivalents and restricted cash
$
23,316

 
$
10,068

Restrictions on Cash and Cash Equivalents
As of June 30, 2019 and 2018, the Company's cash, cash equivalents and restricted cash balances consist of the following:
 
Six Months Ended June 30,
(In thousands)
2019
 
2018
Cash and cash equivalents
$
21,836

 
$
10,068

Restricted cash
1,480

 

Total cash, cash equivalents and restricted cash
$
23,316

 
$
10,068