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Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Statement of Comprehensive Income [Abstract]    
Revenue $ 164,609 $ 130,866
Cost of revenue 94,491 71,693
Gross profit 70,118 59,173
Selling, general and administrative expense 42,871 34,998
Income from operations 27,247 24,175
Other income (expense):    
Interest expense, including $662 and $583, respectively, in amortization of debt issuance costs and original issue discount (13,197) (8,757)
Gain on swaps 13,649 3,205
Equity in net losses of investments 0 (220)
Gain on sale of equity method investment 0 5,374
Other 475 3,271
Total other income 927 2,873
Income before income taxes 28,174 27,048
Income tax expense (4,240) (2,654)
Net income 23,934 24,394
Less: net income attributable to noncontrolling interest 11,141 12,753
Net income attributable to Switch, Inc. $ 12,793 $ 11,641
Net income per share (Note 10):    
Basic (in dollars per share) $ 0.09 $ 0.09
Diluted (in dollars per share) $ 0.08 $ 0.09
Weighted average shares used in computing net income per share (Note 10):    
Basic (in shares) 147,745 126,641
Diluted (in shares) 153,265 129,110
Other comprehensive loss:    
Foreign currency translation adjustment, net of reclassification adjustment and tax of $0 $ 0 $ (474)
Comprehensive income 23,934 23,920
Less: comprehensive income attributable to noncontrolling interest 11,141 12,340
Comprehensive income attributable to Switch, Inc. $ 12,793 $ 11,580