Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

v3.22.4
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME      
Revenue $ 452,418 $ 332,741 $ 243,917
Cost of revenue (exclusive of depreciation and amortization shown separately below) 77,866 54,382 35,750
Product development 95,118 62,698 47,004
Sales, marketing and customer support 107,416 77,312 62,157
General and administrative 78,666 81,380 53,056
Depreciation and amortization 34,328 30,285 24,595
Income from operations 59,024 26,684 21,355
Interest expense 905 1,172 4,931
Other income, net (1,249) (309) (885)
Income before income taxes 59,368 25,821 17,309
Income tax expense(benefit) 16,100 (3,487) (3,144)
Net income $ 43,268 $ 29,308 $ 20,453
Earnings per share:      
Basic $ 0.26 $ 0.20 $ 0.15
Diluted $ 0.25 $ 0.18 $ 0.14
Weighted-average common stock outstanding:      
Basic 163,882 148,309 138,072
Diluted 170,755 160,264 145,443
Comprehensive income:      
Net income $ 43,268 $ 29,308 $ 20,453
Other comprehensive (loss) income:      
Foreign currency cumulative translation adjustment (5,555) (1,782) 1,078
Total comprehensive income $ 37,713 $ 27,526 $ 21,531