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Segment Reporting
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Segment Reporting Disclosure Segment Information
The Company has one reportable segment that includes all the operations of the business. The chief operating decision maker assesses performance and decides how to allocate resources based on revenues, operating income and net income as reported on the Consolidated Statement of Comprehensive Income.
The following table presents information about segment revenues, significant expenses and profits:
Three Months Ended March 31,
20252024
(In millions)
Revenues$402.3 $384.3 
Costs and expenses:
Compensation and benefits expenses62.1 58.8 
Stock-based compensation expenses17.5 15.1 
Equipment and software expenses12.0 10.9 
Registry fee expenses11.6 11.6 
Depreciation expenses8.9 9.8 
Other segment items19.0 19.2 
Total costs and expenses131.1 125.4 
Operating Income271.2 258.9 
Interest expense(20.3)(18.8)
Non-operating income, net7.5 13.9 
Income tax expense(59.1)(59.9)
Net income$199.3 $194.1 
Other segment items that are a part of our segment net income include professional services expenses, telecommunication expenses, legal expenses, occupancy expenses, marketing expenses, and travel expenses.