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Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Total revenues $ 1,365.9 $ 1,321.0 $ 4,091.2 $ 3,944.7
Cost of revenues:        
Total cost of revenues 711.5 697.2 2,158.7 2,076.8
Gross profit 654.4 623.8 1,932.5 1,867.9
Operating expenses:        
Selling and marketing 134.7 120.9 411.6 371.1
Research and development 117.7 107.6 355.5 331.8
General and administrative 95.6 91.1 290.7 323.4
Total operating expenses 348.0 319.6 1,057.8 1,026.3
Operating income 306.4 304.2 874.7 841.6
Interest expense, net (120.6) (86.0) (350.5) (203.0)
Other (expense) income, net (5.0) 1.1 15.3 (28.3)
Equity in earnings of unconsolidated affiliates, net 27.5 (5.1) 42.6 (2.7)
Loss on extinguishment of debt (0.5) (1.0) (1.1) (4.1)
Income before income taxes 207.8 213.2 581.0 603.5
Provision for income taxes 51.2 53.4 167.3 162.1
Net income 156.6 159.8 413.7 441.4
Net (income) loss attributable to noncontrolling interest (0.6) 0.2 (1.0) 1.3
Net income attributable to SS&C common stockholders $ 156.0 $ 160.0 $ 412.7 $ 442.7
Basic earnings per share attributable to SS&C common stockholders $ 0.63 $ 0.63 $ 1.66 $ 1.74
Diluted earnings per share attributable to SS&C common stockholders $ 0.61 $ 0.61 $ 1.62 $ 1.68
Basic weighted-average number of common shares outstanding 247,500,000 253,900,000 248,800,000 254,800,000
Diluted weighted-average number of common and common equivalent shares outstanding 253,900,000 260,900,000 255,300,000 263,700,000
Net income $ 156.6 $ 159.8 $ 413.7 $ 441.4
Other comprehensive (loss) income, net of tax:        
Change in unrealized gain on interest rate swaps 0.0 3.3 0.0 4.8
Foreign currency exchange translation adjustment (113.0) (248.6) (4.8) (512.0)
Change in defined benefit pension obligation 0.0 0.0 0.0 (1.1)
Total other comprehensive income (loss), net of tax (113.0) (245.3) (4.8) (508.3)
Comprehensive income (loss) 43.6 (85.5) 408.9 (66.9)
Comprehensive (income) loss attributable to noncontrolling interest (0.6) 0.2 (1.0) 1.3
Comprehensive income (loss) attributable to SS&C common stockholders 43.0 (85.3) 407.9 (65.6)
Software-enabled Services        
Revenues:        
Total revenues 1,122.1 1,049.8 3,342.8 3,205.7
Cost of revenues:        
Total cost of revenues 617.8 605.8 1,877.4 1,811.6
License, Maintenance and Related [Member]        
Revenues:        
Total revenues 243.8 271.2 748.4 739.0
Cost of revenues:        
Total cost of revenues $ 93.7 $ 91.4 $ 281.3 $ 265.2