Business Segments (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following table presents selected financial information by reportable segment:

	Three months ended June 30,						Six months ended June 30,
	2022		2021		Change %		2022		2021		Change %
Net revenues:
Application Software	$	627.5	$	587.9	6.7	%	$	1,255.7	$	1,161.0	8.2	%
Network Software	342.9		297.8		15.1	%	681.4		585.3		16.4	%
Technology Enabled Products	340.4		304.1		11.9	%	653.5		598.8		9.1	%
Total	$	1,310.8	$	1,189.8	10.2	%	$	2,590.6	$	2,345.1	10.5	%
Gross profit:
Application Software	$	430.9	$	407.3	5.8	%	$	866.3	$	804.5	7.7	%
Network Software	289.1		250.1		15.6	%	574.0		489.6		17.2	%
Technology Enabled Products	191.5		181.8		5.3	%	368.4		361.4		1.9	%
Total	$	911.5	$	839.2	8.6	%	$	1,808.7	$	1,655.5	9.3	%
Operating profit*:
Application Software	$	165.3	$	153.5	7.7	%	$	337.6	$	307.0	10.0	%
Network Software	137.1		111.2		23.3	%	273.9		216.8		26.3	%
Technology Enabled Products	111.4		102.3		8.9	%	211.1		207.9		1.5	%
Total	$	413.8	$	367.0	12.8	%	$	822.6	$	731.7	12.4	%
Long-lived assets:
Application Software	$	136.6	$	127.9	6.8	%
Network Software	27.1		25.3		7.1	%
Technology Enabled Products	27.1		27.7		(2.2)	%
Total	$	190.8	$	180.9	5.5	%

 

*Segment operating profit is before unallocated corporate general and administrative expenses. These expenses were $50.9 and $50.8 for the three months ended June 30, 2022 and 2021, respectively, and $103.8 and $97.9 for the six months ended June 30, 2022 and 2021, respectively.