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Condensed Consolidated Statements of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Total revenues $ 1,451.5 $ 1,362.6 $ 2,886.5 $ 2,725.3
Cost of revenues:        
Total cost of revenues 753.2 721.5 1,481.0 1,447.2
Gross profit 698.3 641.1 1,405.5 1,278.1
Operating expenses:        
Selling and marketing 142.6 137.1 283.5 276.9
Research and development 128.7 119.6 249.6 237.8
General and administrative 99.4 96.2 211.9 195.1
Total operating expenses 370.7 352.9 745.0 709.8
Operating income 327.6 288.2 660.5 568.3
Interest expense, net (113.3) (118.0) (229.3) (229.9)
Other income, net 0.6 14.9 7.2 20.3
Equity in earnings of unconsolidated affiliates, net 17.3 9.4 19.6 15.1
Loss on extinguishment of debt (27.7) 0.0 (28.8) (0.6)
Income before income taxes 204.5 194.5 429.2 373.2
Provision for income taxes 13.8 63.6 80.5 116.1
Net income 190.7 130.9 348.7 257.1
Net income attributable to noncontrolling interest (0.4) (0.2) (0.8) (0.4)
Net income attributable to SS&C common stockholders $ 190.3 $ 130.7 $ 347.9 $ 256.7
Basic earnings per share attributable to SS&C common stockholders $ 0.77 $ 0.53 $ 1.41 $ 1.03
Diluted earnings per share attributable to SS&C common stockholders $ 0.75 $ 0.51 $ 1.38 $ 1
Basic weighted-average number of common shares outstanding 246.2 248.5 246.6 249.5
Diluted weighted-average number of common and common equivalent shares outstanding 252.3 255.0 252.7 256.0
Net income $ 190.7 $ 130.9 $ 348.7 $ 257.1
Other comprehensive income (loss), net of tax:        
Foreign currency exchange translation adjustment 2.7 66.2 (44.9) 108.2
Change in defined benefit pension obligation 0.1 (0.1) 0.1 0.0
Total other comprehensive income (loss), net of tax 2.8 66.1 (44.8) 108.2
Comprehensive income 193.5 197.0 303.9 365.3
Comprehensive income attributable to noncontrolling interest (0.4) (0.2) (0.8) (0.4)
Comprehensive income attributable to SS&C common stockholders 193.1 196.8 303.1 364.9
Software-enabled Services [Member]        
Revenues:        
Total revenues 1,192.4 1,106.5 2,380.1 2,220.7
Cost of revenues:        
Total cost of revenues 654.0 628.6 1,287.8 1,259.6
License, Maintenance and Related        
Revenues:        
Total revenues 259.1 256.1 506.4 504.6
Cost of revenues:        
Total cost of revenues $ 99.2 $ 92.9 $ 193.2 $ 187.6