XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Revenue $ 935,721 $ 903,332 $ 1,851,419 $ 1,806,979
Costs and operating expenses:        
Cost of revenue (exclusive of amortization of acquired intangible assets shown below) 373,275 346,649 734,591 679,401
Research and development 99,041 92,070 190,904 192,005
Sales and marketing 136,554 126,665 265,661 249,384
General and administrative 151,811 141,219 297,950 294,481
Amortization of acquired intangible assets 15,898 16,972 31,810 30,616
Restructuring charge 9,357 4,715 54,080 12,731
Total costs and operating expenses 785,936 728,290 1,574,996 1,458,618
Income from operations 149,785 175,042 276,423 348,361
Interest and marketable securities income (loss), net 4,509 (2,331) 9,801 (2,542)
Interest expense (3,157) (2,932) (5,838) (5,627)
Other (expense) income, net (1,130) 816 (3,493) (8,749)
Income before provision for income taxes 150,007 170,595 276,893 331,443
Provision for income taxes (21,191) (32,755) (50,971) (52,592)
Loss from equity method investment 0 0 0 (7,635)
Net income $ 128,816 $ 137,840 $ 225,922 $ 271,216
Net income per share:        
Basic (in dollars per share) $ 0.85 $ 0.86 $ 1.47 $ 1.69
Diluted (in dollars per share) $ 0.84 $ 0.85 $ 1.46 $ 1.67
Shares used in per share calculations:        
Basic (in shares) 152,064 160,038 153,850 160,266
Diluted (in shares) 153,454 161,710 154,795 162,674