XML 50 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Revenue:        
Total revenue $ 73,875 $ 50,160 $ 140,504 $ 96,412
Cost of revenue:        
Total cost of revenue 33,722 28,906 70,573 56,448
Gross profit 40,153 21,254 69,931 39,964
Operating expenses:        
Research and development 19,717 17,766 40,380 36,258
Sales and marketing 2,134 1,665 4,080 3,368
General and administrative 6,428 5,721 13,715 11,171
Legal settlements and contingencies 0 650 0 650
Total operating expenses 28,279 25,802 58,175 51,447
Income (loss) from operations 11,874 (4,548) 11,756 (11,483)
Other income, net 596 532 1,157 2,122
Income (loss) from continuing operations before provision for income taxes 12,470 (4,016) 12,913 (9,361)
Provision for income taxes 205 102 616 842
Equity in net (income) of equity method investee (797) 0 (797) 0
Income (loss) from continuing operations 13,062 (4,118) 13,094 (10,203)
Discontinued operations:        
Income (loss) from operations of Advertising business, net of tax 0 (463) 832 (1,948)
Loss from sale of Advertising business (56) 0 (4,874) 0
Loss on discontinued operations (56) (463) (4,042) (1,948)
Net income (loss) $ 13,006 $ (4,581) $ 9,052 $ (12,151)
Basic income (loss) per share:        
Income (loss) from continuing operations (in dollars per share) $ 0.27 $ (0.09) $ 0.27 $ (0.23)
Loss on discontinued operations (in dollars per share) 0 (0.01) (0.08) (0.04)
Net income (loss) (in dollars per share) 0.27 (0.10) 0.19 (0.27)
Diluted income (loss) per share:        
Income (loss) from continuing operations (in dollars per share) 0.27 (0.09) 0.27 (0.23)
Loss on discontinued operations (in dollars per share) 0 (0.01) (0.08) (0.04)
Net income (loss) (in dollars per share) $ 0.27 $ (0.10) $ 0.18 $ (0.27)
Weighted average shares used in computing income (loss) per share:        
Basic (in shares) 48,475 45,443 48,127 45,230
Diluted (in shares) 48,821 45,443 49,257 45,230
Stock-based compensation expense included in continuing operations above:        
Stock-based compensation expense $ 1,478 $ 1,875 $ 3,230 $ 3,923
Cost of revenue        
Stock-based compensation expense included in continuing operations above:        
Stock-based compensation expense 13 16 29 40
Research and development        
Stock-based compensation expense included in continuing operations above:        
Stock-based compensation expense 623 1,164 1,718 2,415
Sales and marketing        
Stock-based compensation expense included in continuing operations above:        
Stock-based compensation expense 190 167 325 333
General and administrative        
Stock-based compensation expense included in continuing operations above:        
Stock-based compensation expense 652 528 1,158 1,135
Product        
Revenue:        
Total revenue 61,543 42,397 117,533 82,327
Cost of revenue:        
Total cost of revenue 26,434 25,015 58,423 48,603
Services        
Revenue:        
Total revenue 12,332 7,763 22,971 14,085
Cost of revenue:        
Total cost of revenue $ 7,288 $ 3,891 $ 12,150 $ 7,845