XML 44 R28.htm IDEA: XBRL DOCUMENT
v3.24.0.1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Accounting Policies [Abstract] |
Schedule of Accumulated Other Comprehensive Loss | The components of accumulated other comprehensive loss, net of tax, were as follows (in millions):
| As of December 31,
| 2023 |  | 2022
Foreign currency translation loss | $ | (17.6) |  |  | $ | (29.1) |
Total accumulated other comprehensive loss | $ | (17.6) |  |  | $ | (29.1) |
Schedule of Stock-Based Compensation Expense for Stock Options and Restricted Stock | Stock-based compensation expense for stock options, restricted stock awards and restricted stock units issued under equity incentive plans, stock purchases under the ESPP, DSUs and Matching RSUs awarded under the MSPP included in the Company’s consolidated statements of operations were as follows (in millions):
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Cost of revenues | $ | 14.3 |  |  | $ | 12.6 |  |  | $ | 11.2 |
Selling and marketing (excluding customer base amortization) | 9.1 |  |  | 7.8 |  | 7.8 |  | 6.3 |
Software development | 17.5 |  |  | 13.0 |  |  | 12.5 |
General and administrative | 44.1 |  |  | 41.8 |  |  | 33.7 |
Total stock-based compensation expense | $ | 85.0 |  |  | $ | 75.2 |  |  | $ | 63.7 |
Schedule of Property and Equipment | Depreciation and amortization are calculated on a straight-line basis over the following estimated useful lives of the assets:
Buildings |  | Twenty to thirty-nine years
Land |  | Indefinite
Aircrafts |  | Ten to twenty years
Furniture and office equipment |  | Five to ten years
Vehicles |  | Four to five years
Computer hardware and software |  | Three to five years
Leasehold improvements |  | Shorter of lease terms or useful life
Property and equipment consists of the following (in millions):
| December 31,
| 2023 |  | 2022
Leasehold improvements | $ | 87.8 |  |  | $ | 108.9 |
Furniture, office equipment and vehicles | 73.4 |  |  | 52.6 |
Computer hardware and software | 56.3 |  |  | 43.8 |
Aircrafts | 44.2 |  |  | 44.2 |
Land | 52.2 |  |  | 52.2 |
Buildings | 263.8 |  |  | 105.1 |
Property and equipment, gross | 577.7 |  |  | 406.8 |
Accumulated depreciation and amortization | (105.5) |  |  | (85.5) |
Property and equipment, net | $ | 472.2 |  |  | $ | 321.3 |

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-1 + Details
Name: | us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration