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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue $ 189,677 $ 191,798 $ 373,663 $ 395,127
Costs and operating expenses:        
Cost of revenue, exclusive of depreciation and amortization presented separately below 16,339 18,044 33,034 30,324
Product development and technology 31,285 35,404 64,193 70,446
Sales and marketing 77,440 94,338 155,962 187,288
General and administrative 30,208 34,740 59,827 66,663
Depreciation and amortization 16,097 13,319 31,036 24,692
Total costs and operating expenses 171,369 195,845 344,052 379,413
Operating income (loss) 18,308 (4,047) 29,611 15,714
Other expense, net:        
Other expense 0 0 (1,808) 0
Interest income 7,814 857 15,048 909
Interest expense (14,054) (6,969) (27,187) (12,838)
Total other expense, net (6,240) (6,112) (13,947) (11,929)
Income (loss) before income taxes 12,068 (10,159) 15,664 3,785
Income tax benefit 46,718 8,744 39,832 7,093
Net income (loss) $ 58,786 $ (1,415) $ 55,496 $ 10,878
Earnings (loss) per share:        
Basic (in usd per share) $ 0.14 $ (0.00) $ 0.13 $ 0.03
Diluted (in usd per share) $ 0.14 $ (0.00) $ 0.13 $ 0.03
Weighted average shares used in computing (loss) earnings per share:        
Basic (in shares) 412,221 412,135 412,322 413,405
Diluted (in shares) 414,335 412,135 414,373 423,077
Cost of revenue        
Stock-based compensation included in costs and operating expenses:        
Total stock-based compensation $ 180 $ 100 $ 341 $ 54
Product development and technology        
Stock-based compensation included in costs and operating expenses:        
Total stock-based compensation 7,534 9,820 16,123 17,298
Sales and marketing        
Stock-based compensation included in costs and operating expenses:        
Total stock-based compensation (3,020) 5,839 1,392 11,233
General and administrative        
Stock-based compensation included in costs and operating expenses:        
Total stock-based compensation $ 13,203 $ 15,874 $ 25,540 $ 33,197