Quarterly Financial Results (unaudited) (Tables)

12 Months Ended

Dec. 31, 2022

Quarterly Financial Information Disclosure [Abstract]

Schedule of Unaudited Quarterly Financial Results

(in thousands, except per share data)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Year ended December 31, 2022
Revenue	$	903,647	$	903,332	$	881,896	$	927,779
Cost of revenue (exclusive of amortization of acquired intangible assets)	332,752		346,649		346,450		357,968
Net income	133,376		137,840		123,694		128,762
Basic net income per share	0.83		0.86		0.78		0.82
Diluted net income per share	0.82		0.85		0.78		0.82
Year ended December 31, 2021
Revenue	$	842,708	$	852,824	$	860,333	$	905,358
Cost of revenue (exclusive of amortization of acquired intangible assets)	306,687		320,000		316,866		325,403
Net income	155,695		156,497		178,916		160,534
Basic net income per share	0.95		0.96		1.10		0.99
Diluted net income per share	0.94		0.94		1.08		0.97

The changes to the condensed consolidated balance sheets as a result of the error were as follows (in thousands):

	As Previously Reported		Adjustment		As Revised
March 31, 2022
Deferred income tax assets	$	265,946	$	8,610	$	274,556
Total assets	8,303,779		8,610		8,312,389
Deferred income tax liabilities	41,131		(5,603)		35,528
Total liabilities	4,003,257		(5,603)		3,997,654
Retained earnings	1,515,842		14,213		1,530,055
Total stockholders’ equity	4,300,522		14,213		4,314,735
Total liabilities and stockholders’ equity	8,303,779		8,610		8,312,389
June 30, 2022
Deferred income tax assets	$	292,817	$	19,698	$	312,515
Total assets	8,211,054		19,698		8,230,752
Deferred income tax liabilities	39,367		(12,818)		26,549
Total liabilities	3,930,576		(12,818)		3,917,758
Retained earnings	1,635,379		32,516		1,667,895
Total stockholders’ equity	4,280,478		32,516		4,312,994
Total liabilities and stockholders’ equity	8,211,054		19,698		8,230,752
September 30, 2022
Deferred income tax assets	$	285,722	$	29,112	$	314,834
Total assets	8,107,369		29,112		8,136,481
Deferred income tax liabilities	38,146		(18,944)		19,202
Total liabilities	3,874,185		(18,944)		3,855,241
Retained earnings	1,743,533		48,056		1,791,589
Total stockholders’ equity	4,233,184		48,056		4,281,240
Total liabilities and stockholders’ equity	8,107,369		29,112		8,136,481

Changes to the condensed consolidated statements of income as a result of the error were as follows (in thousands, except per share data):

	For the Three Months Ended March 31, 2022
	As Previously Reported		Adjustment		As Revised
Provision for income taxes	$	(34,050)	$	14,213	$	(19,837)
Net income	119,163		14,213		133,376
Net income per share:
Basic	$	0.74	$	0.09	$	0.83
Diluted	$	0.73	$	0.09	$	0.82

	For the Three Months Ended June 30, 2022						For the Six Months Ended June 30, 2022
	As Previously Reported		Adjustment		As Revised		As Previously Reported		Adjustment		As Revised
Provision for income taxes	$	(51,058)	$	18,303	$	(32,755)	$	(85,108)	$	32,516	$	(52,592)
Net income	119,537		18,303		137,840		238,700		32,516		271,216
Net income per share:
Basic	$	0.75	$	0.11	$	0.86	$	1.49	$	0.20	$	1.69
Diluted	$	0.74	$	0.11	$	0.85	$	1.47	$	0.20	$	1.67

	For the Three Months Ended September 30, 2022						For the Nine Months Ended September 30, 2022
	As Previously Reported		Adjustment		As Revised		As Previously Reported		Adjustment		As Revised
Provision for income taxes	$	(50,006)	$	15,540	$	(34,466)	$	(135,114)	$	48,056	$	(87,058)
Net income	108,154		15,540		123,694		346,854		48,056		394,910
Net income per share:
Basic	$	0.68	$	0.10	$	0.78	$	2.17	$	0.30	$	2.47
Diluted	$	0.68	$	0.10	$	0.78	$	2.15	$	0.30	$	2.45