Attached files
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| 8-K/A - LINKEDIN CORP | a20141231-8xk_adocument.htm |
LINKEDIN CORPORATION
TRENDED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share data)
(Unaudited)
Three Months Ended | Year Ended | ||||||||||||||||||||||||||
Dec 31, 2013 | Mar 31, 2014 | Jun 30, 2014 | Sep 30, 2014 | Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2014 | |||||||||||||||||||||
Net revenue | $ | 447,219 | $ | 473,193 | $ | 533,877 | $ | 568,265 | $ | 643,432 | $ | 1,528,545 | $ | 2,218,767 | |||||||||||||
Costs and expenses: | |||||||||||||||||||||||||||
Cost of revenue (exclusive of depreciation and amortization shown separately below) | 57,865 | 62,455 | 69,536 | 74,904 | 86,902 | 202,908 | 293,797 | ||||||||||||||||||||
Sales and marketing | 157,235 | 166,522 | 184,494 | 199,168 | 224,227 | 522,100 | 774,411 | ||||||||||||||||||||
Product development | 113,140 | 120,622 | 128,731 | 136,542 | 150,289 | 395,643 | 536,184 | ||||||||||||||||||||
General and administrative | 64,790 | 74,618 | 80,688 | 89,266 | 96,722 | 225,566 | 341,294 | ||||||||||||||||||||
Depreciation and amortization | 42,750 | 49,740 | 56,306 | 59,782 | 71,118 | 134,516 | 236,946 | ||||||||||||||||||||
Total costs and expenses | 435,780 | 473,957 | 519,755 | 559,662 | 629,258 | 1,480,733 | 2,182,632 | ||||||||||||||||||||
Income (loss) from operations | 11,439 | (764 | ) | 14,122 | 8,603 | 14,174 | 47,812 | 36,135 | |||||||||||||||||||
Other income (expense), net | 1,820 | 1,026 | 1,197 | 152 | (7,305 | ) | 1,416 | (4,930 | ) | ||||||||||||||||||
Income before income taxes | 13,259 | 262 | 15,319 | 8,755 | 6,869 | 49,228 | 31,205 | ||||||||||||||||||||
Provision for income taxes | 9,477 | 13,581 | 16,253 | 12,917 | 3,774 | 22,459 | 46,525 | ||||||||||||||||||||
Net income (loss) | 3,782 | (13,319 | ) | (934 | ) | (4,162 | ) | 3,095 | 26,769 | (15,320 | ) | ||||||||||||||||
Accretion of redeemable noncontrolling interest | — | (126 | ) | (100 | ) | (101 | ) | (100 | ) | — | (427 | ) | |||||||||||||||
Net income (loss) attributable to common stockholders | $ | 3,782 | $ | (13,445 | ) | $ | (1,034 | ) | $ | (4,263 | ) | $ | 2,995 | $ | 26,769 | $ | (15,747 | ) | |||||||||
Net income (loss) per share attributable to common stockholders: | |||||||||||||||||||||||||||
Basic | $ | 0.03 | $ | (0.11 | ) | $ | (0.01 | ) | $ | (0.03 | ) | $ | 0.02 | $ | 0.24 | $ | (0.13 | ) | |||||||||
Diluted | $ | 0.03 | $ | (0.11 | ) | $ | (0.01 | ) | $ | (0.03 | ) | $ | 0.02 | $ | 0.23 | $ | (0.13 | ) | |||||||||
Weighted-average shares used to compute net income (loss) per share attributable to common stockholders: | |||||||||||||||||||||||||||
Basic | 119,849 | 120,967 | 122,170 | 123,427 | 124,590 | 113,643 | 122,800 | ||||||||||||||||||||
Diluted | 124,438 | 120,967 | 122,170 | 123,427 | 127,338 | 118,944 | 122,800 | ||||||||||||||||||||