XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenue $ 903,332 $ 852,824 $ 1,806,979 $ 1,695,532
Costs and operating expenses:        
Cost of revenue (exclusive of amortization of acquired intangible assets shown below) 346,649 320,000 679,401 626,687
Research and development 92,070 77,255 192,005 159,300
Sales and marketing 126,665 111,894 249,384 228,248
General and administrative 141,219 134,295 294,481 271,010
Amortization of acquired intangible assets 16,972 12,060 30,616 23,487
Restructuring charge (benefit) 4,715 (2,114) 12,731 5,002
Total costs and operating expenses 728,290 653,390 1,458,618 1,313,734
Income from operations 175,042 199,434 348,361 381,798
Interest and marketable securities (loss) income, net (2,331) 4,736 (2,542) 9,314
Interest expense (2,932) (18,037) (5,627) (35,871)
Other income (expense), net 816 (811) (8,749) (1,628)
Income before provision for income taxes 170,595 185,322 331,443 353,613
Provision for income taxes (51,058) (18,009) (85,108) (29,907)
Loss from equity method investment 0 (10,816) (7,635) (11,514)
Net income $ 119,537 $ 156,497 $ 238,700 $ 312,192
Net income per share:        
Basic (in dollars per share) $ 0.75 $ 0.96 $ 1.49 $ 1.91
Diluted (in dollars per share) $ 0.74 $ 0.94 $ 1.47 $ 1.88
Shares used in per share calculations:        
Basic (in shares) 160,038 163,074 160,266 163,067
Diluted (in shares) 161,710 166,263 162,674 165,976