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Quarterly Financial Results (unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Results (unaudited) Quarterly Financial Results (unaudited)

(in thousands, except per share data)
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Year ended December 31, 2019:
 
 
 
 
 
 
 
Revenue
$
706,508

 
$
705,074

 
$
709,912

 
$
772,123

Cost of revenue (exclusive of amortization of acquired intangible assets)
240,743

 
242,193

 
246,938

 
257,750

Net income
107,130

 
113,915

 
137,890

 
119,100

Basic net income per share
0.66

 
0.70

 
0.85

 
0.74

Diluted net income per share
0.65

 
0.69

 
0.84

 
0.73

Year ended December 31, 2018:
 
 
 
 
 
 
 
Revenue
$
688,724

 
$
662,759

 
$
669,628

 
$
713,363

Cost of revenue (exclusive of amortization of acquired intangible assets)
234,825

 
235,487

 
239,246

 
243,927

Net income
53,714

 
43,061

 
107,583

 
94,015

Basic net income per share
0.32

 
0.25

 
0.65

 
0.58

Diluted net income per share
0.31

 
0.25

 
0.64

 
0.57