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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues    
Revenues $ 316,019 $ 289,676
Operating expenses    
Cost of revenue [1] 191,107 178,554
Research and development 34,993 37,118
Selling and marketing 26,750 35,435
General and administrative 26,000 31,382
Depreciation and amortization 27,609 31,539
Total operating expenses 306,459 314,028
Operating income (loss) 9,560 (24,352)
Other income (expense)    
Interest expense (19,010) (18,892)
Interest income 4,009 3,505
Other, net (2,025) (3,395)
Total other income (expense) (17,026) (18,782)
Loss before income taxes (7,466) (43,134)
Income tax expense (benefit) 285 (10,826)
Net loss $ (7,751) $ (32,308)
Loss per common share    
Basic (in dollars per share) $ (0.07) $ (0.30)
Diluted (in dollars per share) $ (0.07) $ (0.30)
Weighted average common shares outstanding    
Basic (in shares) 106,799 108,156
Diluted (in shares) 106,799 108,156
Software as a service and platform as a service    
Revenues    
Revenues $ 215,732 $ 204,930
License    
Revenues    
Revenues 29,973 18,331
Maintenance    
Revenues    
Revenues 47,754 50,103
Services    
Revenues    
Revenues $ 22,560 $ 16,312
[1] The cost of revenue excludes charges for depreciation and amortization.