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Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Statement of Comprehensive Income [Abstract]        
Revenue $ 126,917 $ 111,970 $ 255,013 $ 219,412
Cost of revenue 68,198 58,117 135,227 115,642
Gross profit 58,719 53,853 119,786 103,770
Selling, general and administrative expense 33,438 32,919 73,554 67,170
Income from operations 25,281 20,934 46,232 36,600
Other income (expense):        
Interest expense, including $409, $409, $818, and $818, respectively, in amortization of debt issuance costs (6,693) (7,541) (14,128) (14,672)
Loss on interest rate swaps (4,143) (8,781) (21,698) (13,766)
Other 271 518 548 1,020
Total other expense (10,565) (15,804) (35,278) (27,418)
Income before income taxes 14,716 5,130 10,954 9,182
Income tax expense (1,380) (458) (1,107) (664)
Net income 13,336 4,672 9,847 8,518
Less: net income attributable to noncontrolling interest 8,239 3,483 5,966 6,596
Net income attributable to Switch, Inc. $ 5,097 $ 1,189 $ 3,881 $ 1,922
Net income per share (Note 8):        
Basic (in dollars per share) $ 0.05 $ 0.02 $ 0.04 $ 0.03
Diluted (in dollars per share) $ 0.05 $ 0.02 $ 0.03 $ 0.03
Weighted average shares used in computing net income per share (Note 8):        
Basic (in shares) 104,987 77,714 99,676 66,686
Diluted (in shares) 243,916 79,021 243,622 247,227
Other comprehensive income:        
Foreign currency translation adjustment, net of tax of $0 $ 0 $ 0 $ 0 $ 0
Comprehensive income 13,336 4,672 9,847 8,518
Less: comprehensive income attributable to noncontrolling interest 8,239 3,483 5,966 6,596
Comprehensive income attributable to Switch, Inc. $ 5,097 $ 1,189 $ 3,881 $ 1,922