LifeLock 2013 Annual Report Download - page 64

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  
  
Revenue:
Consumer revenue $ 340,121 $ 254,678 $ 193,949
Enterprise revenue 29,537 21,750 -
Total revenue 369,658 276,428 193,949
Cost of services 100,249 79,916 62,630
Gross profit 269,409 196,512 131,319
Costs and expenses:
Sales and marketing 162,891 122,989 91,217
Technology and development 40,947 29,543 17,749
General and administrative 44,070 24,629 17,510
Amortization of acquired intangible assets 7,909 6,258 -
Total costs and expenses 255,817 183,419 126,476
Income from operations 13,592 13,093 4,843
Other income (expense):
Interest expense (353) (3,677) (231)
Interest income 124 30 8
Change in fair value of warrant liabilities - 3,117 (8,658)
Change in fair value of embedded derivative - (2,785) -
Other (21) (5) (5)
Total other expense (250) (3,320) (8,886)
Income (loss) before provision for income taxes 13,342 9,773 (4,043)
Income tax (benefit) expense (39,109) (13,730) 214
Net income (loss) 52,451 23,503 (4,257)
Accretion of convertible redeemable preferred stock - (9,378) (18,926)
Beneficial conversion feature on convertible redeemable preferred stock - (2,452) -
Net income allocable to convertible redeemable preferred stockholders - (5,504) -
Net income available (loss attributable) to common stockholders $ 52,451 $ 6,169 $ (23,183)
Net income available (loss attributable) per share to common stockholders
Basic $ 0.59 $ 0.18 $ (1.24)
Diluted $ 0.55 $ 0.09 $ (1.24)
Weighted-average common shares outstanding:
Basic 88,636 35,082 18,725
Diluted 95,946 62,191 18,725
See accompanying notes to consolidated financial statements.
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