SEC Filings

10-Q
CIMPRESS N.V. filed this Form 10-Q on 11/03/2017
Entire Document
 

CIMPRESS N.V.
CONSOLIDATED STATEMENTS OF OPERATIONS
(unaudited in thousands, except share and per share data)
 
Three Months Ended September 30,
 
2017
 
2016
Revenue
$
563,284

 
$
443,713

Cost of revenue (1)
283,755

 
213,050

Technology and development expense (1)
62,103

 
59,010

Marketing and selling expense (1)
166,093

 
132,668

General and administrative expense (1)
38,778

 
56,580

Amortization of acquired intangible assets
12,633

 
10,213

Restructuring expense (1)
854

 

(Gain) on sale of subsidiaries
(47,545
)
 

Income (loss) from operations
46,613

 
(27,808
)
Other expense, net
(16,312
)
 
(2,132
)
Interest expense, net
(13,082
)
 
(9,904
)
Income (loss) before income taxes
17,219

 
(39,844
)
Income tax (benefit) expense
(6,187
)
 
(9,814
)
Net income (loss)
23,406

 
(30,030
)
Add: Net (income) loss attributable to noncontrolling interest
(43
)
 
927

Net income (loss) attributable to Cimpress N.V.
$
23,363

 
$
(29,103
)
Basic net income (loss) per share attributable to Cimpress N.V.
$
0.75

 
$
(0.92
)
Diluted net income (loss) per share attributable to Cimpress N.V.
$
0.72

 
$
(0.92
)
Weighted average shares outstanding — basic
31,220,311

 
31,570,824

Weighted average shares outstanding — diluted
32,332,162

 
31,570,824

____________________________________________
(1) Share-based compensation is allocated as follows:
 
Three Months Ended September 30,
 
2017
 
2016
Cost of revenue
$
40

 
$
43

Technology and development expense
1,856

 
2,325

Marketing and selling expense
985

 
820

General and administrative expense
3,928

 
8,383

Restructuring expense
103

 


See accompanying notes.

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