v3.24.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenue $ 662,410 $ 636,302 $ 1,956,170 $ 1,906,055
Cost of revenue 185,640 188,827 556,863 572,918
Gross profit 476,770 447,475 1,399,307 1,333,137
Operating expenses:        
Marketing 196,526 160,936 571,400 498,120
Product development 107,251 113,932 331,590 351,844
General and administrative 86,176 84,051 271,241 250,699
Asset impairment charges 0 0 0 68,091
Total operating expenses 389,953 358,919 1,174,231 1,168,754
Income from operations 86,817 88,556 225,076 164,383
Other (expense) income, net (13,007) 8,411 7,366 19,269
Income before income taxes 73,810 96,967 232,442 183,652
(Provision) benefit for income taxes (16,444) (9,117) (59,067) 40,650
Net income $ 57,366 $ 87,850 $ 173,375 $ 224,302
Net income per share attributable to common stockholders:        
Basic (in dollars per share) $ 0.50 $ 0.72 $ 1.49 $ 1.82
Diluted (in dollars per share) $ 0.45 $ 0.64 $ 1.34 $ 1.62
Weighted-average common shares outstanding:        
Basic (in shares) 114,181 121,808 116,372 123,341
Diluted (in shares) 130,748 138,891 133,116 141,046