| Schedule of selected quarterly financial data |
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Three Months Ended |
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April 30,
2011 |
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July 31,
2011 |
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Oct 31,
2011 |
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Jan 31,
2012 |
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April 30,
2012 |
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July 31,
2012 |
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Oct 31,
2012 |
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Jan 31,
2013 |
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(in thousands, except per share data)
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Total revenue
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$ |
51,040 |
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$ |
66,966 |
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$ |
75,008 |
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$ |
81,326 |
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$ |
80,784 |
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$ |
101,267 |
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$ |
120,005 |
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$ |
125,089 |
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Costs and expenses:
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Cost of Revenue—Content acquisition costs
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29,158 |
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33,723 |
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37,658 |
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48,169 |
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55,818 |
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60,522 |
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65,713 |
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76,695 |
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Cost of revenue—Other
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4,360 |
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5,460 |
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6,260 |
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6,679 |
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6,917 |
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7,514 |
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8,338 |
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9,250 |
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Product development
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2,731 |
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3,426 |
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3,685 |
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3,583 |
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4,119 |
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4,475 |
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4,371 |
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5,153 |
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Marketing and sales
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12,964 |
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14,502 |
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16,628 |
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20,916 |
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23,460 |
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23,457 |
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26,714 |
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34,084 |
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General and administrative
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6,943 |
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8,410 |
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10,021 |
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10,054 |
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10,612 |
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10,602 |
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12,700 |
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14,333 |
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Total costs and expenses
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56,156 |
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65,521 |
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74,252 |
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89,401 |
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100,926 |
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106,570 |
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117,836 |
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139,515 |
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Income (loss) from operations
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(5,116 |
) |
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1,455 |
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756 |
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(8,075 |
) |
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(20,142 |
) |
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(5,303 |
) |
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2,169 |
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(14,426 |
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Net income (loss) attributable to common stockholders
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$ |
(9,144 |
) |
$ |
(3,180 |
) |
$ |
638 |
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$ |
(8,179 |
) |
$ |
(20,228 |
) |
$ |
(5,415 |
) |
$ |
2,052 |
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$ |
(14,557 |
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Basic and diluted net income (loss) per share
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$ |
(0.61 |
) |
$ |
(0.04 |
) |
$ |
0.00 |
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$ |
(0.05 |
) |
$ |
(0.12 |
) |
$ |
(0.03 |
) |
$ |
0.01 |
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$ |
(0.09 |
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