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Consolidated Statements of Operations

(unaudited)
(in thousands, except per share data)
Three Months Ended Twelve Months Ended Three Months Ended Twelve Months Ended Three M
March 31, June 30, September 30, December 31, December 31, March 31, June 30, September 30, December 31, December 31, March 31,
2015 2015 2015 2015 2015 2016 2016 2016 2016 2016 2017

Revenues $ 1,573,129 $ 1,644,694 $ 1,738,355 $ 1,823,333 $ 6,779,511 $1,957,736 $2,105,204 $2,290,188 $2,477,541 $8,830,669 $2,636,635
Cost of revenues 1,046,401 1,121,752 1,173,958 1,249,365 4,591,476 1,369,540 1,473,098 1,532,844 1,654,419 6,029,901 1,657,024
Marketing 194,677 197,140 208,102 224,173 824,092 208,010 216,029 282,043 284,996 991,078 271,270
Technology and development 143,106 155,061 171,762 180,859 650,788 203,508 207,300 216,099 225,191 852,098 257,108
General and administrative 91,489 95,906 110,892 109,042 407,329 127,225 138,407 153,166 159,001 577,799 194,291
Operating income 97,456 74,835 73,641 59,894 305,826 49,453 70,370 106,036 153,934 379,793 256,942
Other income (expense):
Interest expense (26,737) (35,217) (35,333) (35,429) (132,716) (35,537) (35,455) (35,536) (43,586) (150,114) (46,742)
Interest and other income (expense) (32,293) 872 3,930 (3,734) (31,225) 25,963 16,317 8,627 (20,079) 30,828 13,592
Income before income taxes 38,426 40,490 42,238 20,731 141,885 39,879 51,232 79,127 90,269 260,507 223,792
Provision for (benefit from) income taxes 14,730 14,155 12,806 (22,447) 19,244 12,221 10,477 27,610 23,521 73,829 45,570
Net income $ 23,696 $ 26,335 $ 29,432 $ 43,178 $ 122,641 $ 27,658 $ 40,755 $ 51,517 $ 66,748 $ 186,678 $ 178,222
Earnings per share:
Basic $ .06 $ .06 $ .07 $ .10 $ .29 $ .06 $ .10 $ .12 $ .16 $ .44 $ .41
Diluted $ .05 $ .06 $ .07 $ .10 $ .28 $ .06 $ .09 $ .12 $ .15 $ .43 $ .40
Weighted-average common shares outstanding:
Basic 423,624 425,340 426,869 427,668 425,889 428,117 428,483 428,937 429,738 428,822 430,600
Diluted 433,809 436,097 437,606 438,257 436,456 437,993 438,154 438,389 440,063 438,652 445,458

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