XML 19 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Revenue $ 764,865 $ 617,736 $ 384,402
Costs and expenses:      
Cost of revenue (exclusive of depreciation and amortization shown separately below) 36,399 17,223 13,764
Selling and marketing expense 500,291 432,784 261,100
General and administrative expense 101,219 71,541 37,227
Product development 26,958 17,925 13,761
Depreciation 7,385 7,085 4,944
Amortization of intangibles 23,468 12,992 1,243
Change in fair value of contingent consideration 10,788 23,931 0
Severance 2,352 404 122
Litigation settlements and contingencies (186) 718 129
Total costs and expenses 708,674 584,603 332,290
Operating income 56,191 33,133 52,112
Other (expense) income, net:      
Interest expense, net (12,437) (7,028) (561)
Other (expense) income (10) (396) 23
Income before income taxes 43,744 25,709 51,574
Income tax benefit (expense) 65,575 (6,291) (20,366)
Net income from continuing operations 109,319 19,418 31,208
Loss from discontinued operations, net of tax (12,820) (3,840) (3,714)
Net income 96,499 15,578 27,494
Comprehensive income $ 96,499 $ 15,578 $ 27,494
Weighted average shares outstanding:      
Weighted average basic common shares (in shares) 12,504 11,945 11,812
Weighted average diluted common shares (in shares) 14,097 13,682 12,773
Income per share from continuing operations:      
Basic (in dollars per share) $ 8.74 $ 1.63 $ 2.64
Diluted (in dollars per share) 7.75 1.42 2.44
Loss per share from discontinued operations:      
Basic (in dollars per share) (1.03) (0.32) (0.31)
Diluted (in dollars per share) (0.91) (0.28) (0.29)
Net income per share:      
Basic (in dollars per share) 7.72 1.30 2.33
Diluted (in dollars per share) $ 6.85 $ 1.14 $ 2.15