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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues $ 677.6 $ 610.1 $ 2,004.2 $ 1,866.5
Operating expenses (income):        
Cost of revenues (exclusive of items shown separately below) 217.2 195.2 650.3 619.4
Selling, general and administrative 111.6 96.5 277.4 300.7
Depreciation and amortization of fixed assets 48.1 41.5 139.2 121.1
Amortization of intangible assets 19.6 18.0 56.1 57.5
Other operating loss (income), net 0.0 5.3 0.0 (356.2)
Total operating expenses, net 396.5 356.5 1,123.0 742.5
Operating income 281.1 253.6 881.2 1,124.0
Other expense:        
Investment loss (2.0) (0.6) (9.3) (3.4)
Interest expense, net (29.4) (34.4) (87.4) (97.6)
Total other expense, net (31.4) (35.0) (96.7) (101.0)
Income from continuing operations before income taxes 249.7 218.6 784.5 1,023.0
Provision for income taxes (62.3) (52.8) (198.4) (196.6)
Income from continuing operations 187.4 165.8 586.1 826.4
Income (loss) from discontinued operations net of tax expense of $0.0, $(2.9), $(0.2), and $(8.3), respectively (Note 7) 0.0 23.7 (145.5) 66.7
Net income 187.4 189.5 440.6 893.1
Less: Net income attributable to noncontrolling interests 0.0 (0.1) 0.0 (0.3)
Net income attributable to Verisk $ 187.4 $ 189.4 $ 440.6 $ 892.8
Income from continuing operations (in dollars per share) $ 1.29 $ 1.06 $ 3.98 $ 5.21
Income (loss) from discontinued operations (in dollars per share) 0 0.15 (0.99) 0.42
Basic net income per share attributable to Verisk: (in dollars per share) 1.29 1.21 2.99 5.63
Income from continuing operations (in dollars per share) 1.29 1.05 3.96 5.18
Income (loss) from discontinued operations (in dollars per share) 0 0.15 (0.98) 0.41
Diluted net income per share attributable to Verisk: (in dollars per share) $ 1.29 $ 1.20 $ 2.98 $ 5.59
Weighted-average shares outstanding:        
Basic (in shares) 145,011,020 156,940,608 147,292,590 158,531,439
Diluted (in shares) 145,742,519 157,978,606 147,983,986 159,580,262