XML 14 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue:        
Revenue $ 931.3 $ 806.4 $ 1,832.4 $ 1,598.4
Costs and operating expenses        
Cost of revenue (excluding depreciation and amortization) [1] 332.0 289.4 653.2 566.5
Technology and development [1] 172.0 135.9 358.4 270.4
Marketing and advertising [1] 126.5 104.4 259.2 197.5
Customer care [1] 78.3 83.8 156.9 169.0
General and administrative [1] 84.5 82.2 179.7 167.7
Restructuring charges [1] 0.0 39.4 0.0 39.4
Depreciation and amortization [1] 50.0 48.4 99.0 100.6
Total costs and operating expenses 843.3 783.5 1,706.4 1,511.1
Operating income 88.0 22.9 126.0 87.3
Interest expense (32.6) (19.4) (61.3) (40.6)
Tax receivable agreements liability adjustment 0.0 (674.7) 0.0 (674.7)
Other income (expense), net (0.9) (1.1) (0.2) (2.5)
Income (loss) before income taxes 54.5 (672.3) 64.5 (630.5)
Benefit (provision) for income taxes (7.6) (0.9) (6.8) 0.5
Net income (loss) 46.9 (673.2) 57.7 (630.0)
Less: net income attributable to non-controlling interests 0.1 0.0 0.1 0.3
Net income (loss) attributable to GoDaddy Inc. $ 46.8 $ (673.2) $ 57.6 $ (630.3)
Class A Common Stock        
Net income (loss) attributable to GoDaddy Inc. per share of Class A common stock:        
Basic (in USD per share) $ 0.28 $ (4.06) $ 0.34 $ (3.72)
Diluted (in USD per share) $ 0.27 $ (4.06) $ 0.33 $ (3.72)
Weighted-average shares of Class A common stock outstanding:        
Basic (in shares) 168,204 165,845 168,816 169,479
Diluted (in shares) 171,129 165,845 172,388 169,479
Domains        
Revenue:        
Revenue $ 436.7 $ 369.6 $ 859.4 $ 725.5
Hosting and presence        
Revenue:        
Revenue 318.5 292.2 628.8 589.4
Business applications        
Revenue:        
Revenue $ 176.1 $ 144.6 $ 344.2 $ 283.5
[1]
Costs and operating expenses include equity-based compensation expense as follows:
Three months ended
 June 30,
Six months ended
 June 30,
2021202020212020
Cost of revenue$0.2 $0.2 $0.4 $0.3 
Technology and development27.9 22.0 54.9 43.1 
Marketing and advertising7.0 5.4 13.2 10.0 
Customer care3.7 3.3 6.7 5.9 
General and administrative12.6 17.7 28.8 34.7 
Total equity-based compensation expense$51.4 $48.6 $104.0 $94.0