XML 31 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue    
Revenue $ 257,124 $ 219,191
Cost of revenue    
Cost of revenue 123,362 103,385
Gross profit 133,762 115,806
Operating expenses    
Sales, marketing and customer success 55,216 48,793
Research and development 39,952 29,179
General and administrative 43,762 30,587
Amortization 811 549
Restructuring 0 54
Total operating expenses 139,741 109,162
(Loss) income from operations (5,979) 6,644
Interest expense (7,599) (5,114)
Other income (expense), net 1,121 (1,010)
(Loss) income before provision for income taxes (12,457) 520
Income tax (benefit) provision (2,050) 684
Net loss $ (10,407) $ (164)
Loss per share    
Basic earnings per share $ (0.20) $ 0
Diluted earnings per share $ (0.20) $ 0
Common shares and equivalents outstanding    
Basic weighted average shares 51,199,717 47,363,197
Diluted weighted average shares outstanding 51,199,717 47,363,197
Other comprehensive income    
Foreign currency translation adjustment $ (2,132) $ 2,511
Unrealized gain on derivative instruments, net of tax 10,905 4,149
Total other comprehensive income 8,773 6,660
Comprehensive (loss) income (1,634) 6,496
Recurring [Member]    
Revenue    
Revenue 244,666 206,750
Cost of revenue    
Cost of revenue 112,174 88,865
One-time services and other [Member]    
Revenue    
Revenue 12,458 12,441
Cost of revenue    
Cost of revenue $ 11,188 $ 14,520