Chegg 2015 Annual Report Download - page 131
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Table of Contents
92
Note 20. Selected Quarterly Financial Data (unaudited)
Three Months Ended
March 31,
2015 June 30,
2015 September 30,
2015 December 31,
2015
Total net revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 84,872 $ 67,061 $ 81,286 $ 68,154
Gross profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 19,379 $ 30,805 $ 19,566 $ 41,774
Net (loss) income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $(28,542) $ (10,131) $ (24,167) $ 3,630
Weighted average shares used to compute net (loss) income per
share attributable to common stockholders:
Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84,794 86,741 87,706 87,993
Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84,794 86,741 87,706 93,225
Net (loss) income per share, attributable to common
stockholders: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $(0.34) $(0.12) $(0.28) $0.04
Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $(0.34) $(0.12) $(0.28) $0.04
Three Months Ended
March 31,
2014 June 30,
2014 September 30,
2014 December 31,
2014
Total net revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 74,393 $ 64,492 $ 81,532 $ 84,417
Gross profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 8,908 $ 25,896 $ 13,251 $ 45,794
Net (loss) income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $(25,759) $ (8,246) $ (32,441) $ 1,688
Weighted average shares used to compute net (loss) income per
share attributable to common stockholders:
Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82,181 83,209 83,688 83,925
Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82,181 83,209 83,688 86,543
Net (loss) income per share, attributable to common
stockholders: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $(0.31) $(0.10) $(0.39) $0.02
Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $(0.31) $(0.10) $(0.39) $0.02
We recorded restructuring charges of $1.6 million, $0.3 million, $0.5 million and $2.5 million in the three months
ended December 31, 2015, September 30, 2015, June 30, 2015 and March 31, 2015, respectively. We did not record any
restructuring charges in any of the three months ended in 2014.