Chegg 2013 Annual Report Download - page 144

Download and view the complete annual report

Please find page 144 of the 2013 Chegg 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 152

  • 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

CHEGG, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
Note 19. Selected Quarterly Financial Data (unaudited)
Three Months Ended
Mar. 31,
2012
Jun. 30,
2012
Sep. 30,
2012
Dec. 31,
2012
Mar. 31,
2013
Jun. 30,
2013
Sep. 30,
2013
Dec. 31,
2013
(in thousands)
Net revenues .............. $48,533 $43,919 $ 52,602 $68,280 $ 61,015 $55,857 $ 61,587 $ 77,116
Gross profit ............... 7,490 18,033 2,735 39,407 11,561 26,250 3,162 39,542
Net income (loss) ........... (23,456) (8,474) (25,233) 8,120 (17,825) (3,353) (29,255) (5,417)
Deemed dividend to preferred
stockholders ............. — — — — — — — (102,557)
Net loss attributable to
common stockholders ..... $(23,456) $ (8,474) $(25,233) $ 8,120 $(17,825) $ (3,353) $(29,255) $(107,974)
Weighted average shares used
to compute net income
(loss) attributable to
common stockholders per
share:
Basic ................ 10,886 10,802 11,288 11,569 12,031 12,558 12,873 45,825
Diluted ............... 10,886 10,802 11,288 55,494 12,031 12,558 12,873 45,825
Net income (loss) attributable
to common stock holders
per share:
Basic ................ $ (2.15) $ (0.78) $ (2.24) $ 0.70 $ (1.48) $ (0.27) $ (2.27) $ (2.36)
Diluted ............... $ (2.15) $ (0.78) $ (2.24) $ 0.15 $ (1.48) $ (0.27) $ (2.27) $ (2.36)
98