Go Daddy 2015 Annual Report Download - page 59

Download and view the complete annual report

Please find page 59 of the 2015 Go Daddy annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 170

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170

Table of Contents
Successor
Predecessor
Year Ended December 31,
December 17
Through
December 31,
2011
January 1
Through
December 16,
2011
2015
2014
2013
2012
Consolidated Statements of Operations Data: (in millions, except share amounts which are reflected in thousands and per share amounts)
Total revenue $ 1,607.3
$ 1,387.3
$ 1,130.8
$ 910.9
$ 31.3
$ 863.0
Costs and operating expenses: (1)
Cost of revenue 565.9
518.4
473.9
430.3
16.5
357.5
Technology and development 270.2
250.8
206.0
175.4
8.1
213.0
Marketing and advertising 202.2
164.7
145.5
130.1
3.9
117.7
Customer care 221.5
190.5
150.9
132.6
5.1
115.4
General and administrative 219.7
172.0
145.8
106.4
41.8
280.5
Depreciation and amortization 158.8
152.8
140.6
138.6
5.4
49.2
Total costs and operating expenses 1,638.3
1,449.2
1,262.7
1,113.4
80.8
1,133.3
Operating loss (31.0)
(61.9)
(131.9)
(202.5)
(49.5)
(270.3)
Interest expense (69.2)
(85.0)
(71.0)
(79.1)
(3.5)
(3.0)
Loss on debt extinguishment (21.4)
Other income (expense), net 1.0
0.8
1.9
2.3
(0.6)
2.6
Loss before income taxes (120.6)
(146.1)
(201.0)
(279.3)
(53.6)
(270.7)
Benefit for income taxes 0.2
2.8
1.1
0.2
0.3
Net loss (120.4)
(143.3)
(199.9)
(279.1)
(53.6)
(270.4)
Less: net loss attributable to non-controlling interests (44.8)
Net loss attributable to GoDaddy Inc. $ (75.6)
$ (143.3)
$ (199.9)
$ (279.1)
$ (53.6)
$ (270.4)
Net loss per share of Class A common stock—basic
and diluted (2) (3) $ (0.81)
$ (1.11)
$ (1.58)
$ (2.21)
$ (10.34)
Weighted-average shares of Class A common stock
outstanding—basic and
diluted (2) (3) 58,676
38,826
38,826
38,826
1,596
____________
(1) Costs and operating expenses include equity-based compensation expense as follows:
Technology and development $ 18.2
$ 10.4
$ 4.7
$ 1.6
$ 0.1
$ 58.3
Marketing and advertising 6.1
6.1
2.6
1.6
0.1
15.1
Customer care 2.9
0.8
0.6
0.3
2.5
General and administrative 13.2
12.8
8.5
8.2
0.5
183.4
(2) Amounts for periods prior to our IPO have been retrospectively adjusted to give effect to the organizational transactions described in Note 1 to our consolidated financial statements. The
prior period amounts do not consider the 26,000 shares of Class A common stock sold in our IPO. See Note 13 to our consolidated financial statements.
(3) Amounts for the Predecessor periods are not presented because the Predecessor’s capital structure is not comparable to our capital structure following the organizational transactions
described in Note 1 to our consolidated financial statements.
54