XML 64 R38.htm IDEA: XBRL DOCUMENT v3.25.1

SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Consolidated segment income and expenses

The following table presents revenue, significant expenses and net income for the three months ended March 31, 2025 and March 31, 2024:

									Three Months Ended
															March 31, 2025						March 31, 2024
															(In thousands)
Revenue															$	1,242,366					$	1,009,103
Costs and Expenses:
Salary, benefits and other employee-related costs															542,655						475,886
Stock based compensation															107,613						88,129
Manufacturing costs															81,666						56,661
Facilities and other infrastructure costs															43,836						41,654
Depreciation and amortization															52,916						39,556
Professional services															32,461						38,917
Restructuring															(109)						280
Other segment items(1)															22,740						(41,203)
Interest income															(26,222)						(9,512)
Interest expense															29,118						8,692
Provision for income taxes															82,113						62,400
Net income															$	273,579					$	247,643

_____________

(1) Other segment items include direct costs for advertising, marketing events, travel, entertainment, bad debt and other operating expense categories that are not considered significant individually. It also includes non-operating expenses such as gains and losses on investments, foreign currency and other non-operating expenses that are not considered significant individually.

Summary of revenue by geography

The following table presents a summary of revenue by geography for the three months ended March 31, 2025 and March 31, 2024:

									Three Months Ended
															March 31, 2025						March 31, 2024
															(In thousands)
Americas:
United States															$	568,967					$	435,523
Other Americas															29,612						27,347
Total Americas															598,579						462,870
Asia:
China															139,381						117,229
Other Asia															240,512						208,531
Total Asia															379,893						325,760
Europe, Middle East and Africa (“EMEA”)															195,743						169,056
Japan															68,151						51,417
Total															$	1,242,366					$	1,009,103

Summary of long-lived assets by geography

The following table presents a summary of long-lived assets by geography as of March 31, 2025 and December 31, 2024:

			As of
			March 31, 2025						December 31, 2024
			(In thousands)
Americas:
United States			$	422,658					$	412,339
Other Americas			10,242						7,437
Total Americas			432,900						419,776
Asia:
China			20,011						22,929
Other Asia			91,734						83,951
Total Asia			111,745						106,880
EMEA			72,784						73,551
Japan			3,905						4,183
Total			$	621,334					$	604,390

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

+ Details

Name:	us-gaap_ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

+ Details

Name:	us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration