Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)

v3.19.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Net revenue $ 129,606 $ 133,753
Operating expenses:    
Cost of services 26,764 32,701
Selling, general and administrative, including stock-based and long-term incentive compensation 31,222 32,014
Amortization of subscriber accounts, deferred contract acquisition costs and other intangible assets 49,145 54,411
Depreciation 3,154 2,615
Total operating expenses 110,285 121,741
Operating income (loss) 19,321 12,012
Other expense:    
Interest expense 37,433 36,873
Unrealized loss on derivative financial instruments 7,773 0
Refinancing expense 5,214 0
Total other expense 50,420 36,873
Loss before income taxes (31,099) (24,861)
Income tax expense 671 1,346
Net loss (31,770) (26,207)
Other comprehensive income (loss):    
Unrealized gain (loss) on derivative contracts, net (468) 14,406
Total other comprehensive income (loss), net of tax (468) 14,406
Comprehensive loss $ (32,238) $ (11,801)