Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Revenue $ 152,592 $ 113,817
Operating expenses:    
Cost of sales 110,540 76,768
Sales and marketing 11,012 4,672
Product development 7,649 8,746
General and administrative 35,321 19,220
Provision for legal settlements 475 2,001
Amortization of intangible assets 11,008 7,403
Goodwill impairment 78,000 0
Total operating expenses 254,005 118,810
Loss from operations (101,413) (4,993)
Other (expense) income:    
Interest expense, net (10,964) (804)
Loss on extinguishment of debt (14,389) 0
Income from equity method investments 1,539 0
Change in fair value of derivatives 2,920 5,865
Other (expense) income, net (488) 680
(Loss) income before income taxes (122,795) 748
Income tax expense 2,816 3,160
Net loss $ (125,611) $ (2,412)
Net loss per share – basic and diluted (in dollars per share) $ (1.47) $ (0.03)
Weighted average shares outstanding – basic and diluted 85,440 78,643