XML 20 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement and Statement of Comprehensive Income [Abstract]      
Revenue $ 1,098,499 $ 909,990 $ 1,106,603
Costs and expenses:      
Cost of revenue (exclusive of depreciation and amortization shown separately below) 57,297 54,494 68,379
Selling and marketing expense 773,990 617,404 735,180
General and administrative expense 153,472 129,101 116,847
Product development 52,865 43,636 39,953
Depreciation 17,910 14,201 10,998
Amortization of intangibles 42,738 53,078 55,241
Change in fair value of contingent consideration (8,249) 5,327 28,402
Severance 53 295 1,026
Litigation settlements and contingencies 392 (943) (151)
Total costs and expenses 1,090,468 916,593 1,055,875
Operating income (loss) 8,031 (6,603) 50,728
Other (expense) income, net:      
Interest expense, net (46,867) (36,300) (20,271)
Other income 123,272 376 524
Income (loss) before income taxes 84,436 (42,527) 30,981
Income tax (expense) benefit (11,298) 19,961 8,479
Net income (loss) from continuing operations 73,138 (22,566) 39,460
Loss from discontinued operations, net of tax (4,023) (25,689) (21,632)
Net income (loss) and comprehensive income (loss) $ 69,115 $ (48,255) $ 17,828
Weighted average shares outstanding:      
Basic (in shares) 13,199 13,007 12,834
Diluted (in shares) 13,695 13,007 14,619
Income (loss) per share from continuing operations:      
Basic (in dollars per share) $ 5.54 $ (1.73) $ 3.07
Diluted (in dollars per share) 5.34 (1.73) 2.70
Loss per share from discontinued operations:      
Basic (in dollars per share) (0.30) (1.98) (1.69)
Diluted (in dollars per share) (0.29) (1.98) (1.48)
Net income (loss) per share:      
Basic (in dollars per share) 5.24 (3.71) 1.39
Diluted (in dollars per share) $ 5.05 $ (3.71) $ 1.22