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Table of Contents
GoDaddy Inc.
Consolidated Statements of Operations
(In millions, except share amounts which are reflected in thousands and per share amounts)
Year Ended December 31,
2015
2014
2013
Revenue:
Domains $ 840.8
$ 763.3
$ 671.6
Hosting and presence 592.0
507.9
380.6
Business applications 174.5
116.1
78.6
Total revenue 1,607.3
1,387.3
1,130.8
Costs and operating expenses (1) :
Cost of revenue (excluding depreciation and amortization) 565.9
518.4
473.9
Technology and development 270.2
250.8
206.0
Marketing and advertising 202.2
164.7
145.5
Customer care 221.5
190.5
150.9
General and administrative 219.7
172.0
145.8
Depreciation and amortization 158.8
152.8
140.6
Total costs and operating expenses 1,638.3
1,449.2
1,262.7
Operating loss (31.0) (61.9)
(131.9)
Interest expense (69.2)
(85.0)
(71.0)
Loss on debt extinguishment (21.4)
Other income (expense), net 1.0
0.8
1.9
Loss before income taxes (120.6) (146.1)
(201.0)
Benefit for income taxes 0.2
2.8
1.1
Net loss (120.4)
(143.3)
(199.9)
Less: net loss attributable to non-controlling interests (44.8)
Net loss attributable to GoDaddy Inc. $ (75.6)
$ (143.3)
$ (199.9)
Net loss per share of Class A common stock—basic and diluted (2) $ (0.81)
$ (1.11)
$ (1.58)
Weighted-average shares of Class A common stock outstanding—basic and
diluted (2) 58,676
38,826
38,826
___________________________
(1) Costs and operating expenses include equity-based compensation expense as follows:
Technology and development $ 18.2
$ 10.4
$ 4.7
Marketing and advertising 6.1
6.1
2.6
Customer care 2.9
0.8
0.6
General and administrative 13.2
12.8
8.5
(2) Amounts for periods prior to our initial public offering have been retrospectively adjusted to give effect to the organizational transactions described in Note 1 . The prior period amounts do
not consider the 26,000 shares of Class A common stock sold in our initial public offering. See Note 13 .
See accompanying notes to consolidated financial statements.
81