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Condensed Consolidated Statements of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Total revenues $ 1,465.8 $ 1,365.9 $ 4,352.3 $ 4,091.2
Cost of revenues:        
Total cost of revenues 761.6 711.5 2,242.6 2,158.7
Gross profit 704.2 654.4 2,109.7 1,932.5
Operating expenses:        
Selling and marketing 144.1 134.7 427.6 411.6
Research and development 131.3 117.7 380.9 355.5
General and administrative 103.7 95.6 315.6 290.7
Total operating expenses 379.1 348.0 1,124.1 1,057.8
Operating income 325.1 306.4 985.6 874.7
Interest expense, net (109.6) (120.6) (338.9) (350.5)
Other income (expense), net 9.3 (5.0) 16.5 15.3
Equity in earnings of unconsolidated affiliates, net 1.1 27.5 20.7 42.6
Loss on extinguishment of debt (1.3) (0.5) (30.1) (1.1)
Income before income taxes 224.6 207.8 653.8 581.0
Provision for income taxes 60.0 51.2 140.5 167.3
Net income 164.6 156.6 513.3 413.7
Net income attributable to noncontrolling interest (0.2) (0.6) (1.0) (1.0)
Net income attributable to SS&C common stockholders $ 164.4 $ 156.0 $ 512.3 $ 412.7
Basic earnings per share attributable to SS&C common stockholders $ 0.67 $ 0.63 $ 2.08 $ 1.66
Diluted earnings per share attributable to SS&C common stockholders $ 0.65 $ 0.61 $ 2.02 $ 1.62
Basic weighted-average number of common shares outstanding 246.1 247.5 246.4 248.8
Diluted weighted-average number of common and common equivalent shares outstanding 254.1 253.9 253.3 255.3
Net income $ 164.6 $ 156.6 $ 513.3 $ 413.7
Other comprehensive income (loss), net of tax:        
Foreign currency exchange translation adjustment 159.0 (113.0) 114.1 (4.8)
Change in defined benefit pension obligation 0.0 0.0 (0.1) 0.0
Total other comprehensive income (loss), net of tax 159.0 (113.0) 114.2 (4.8)
Comprehensive income 323.6 43.6 627.5 408.9
Comprehensive income attributable to noncontrolling interest (0.2) (0.6) (1.0) (1.0)
Comprehensive income attributable to SS&C common stockholders 323.4 43.0 626.5 407.9
Software-enabled Services [Member]        
Revenues:        
Total revenues 1,206.2 1,122.1 3,586.3 3,342.8
Cost of revenues:        
Total cost of revenues 661.9 617.8 1,949.7 1,877.4
License, Maintenance and Related        
Revenues:        
Total revenues 259.6 243.8 766.0 748.4
Cost of revenues:        
Total cost of revenues $ 99.7 $ 93.7 $ 292.9 $ 281.3