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Segment and Related Information (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Revenues and Operations

For the three months ended March 31, 2025						Enterprise Software						Platform Technologies						Totals
Revenues
Subscriptions:
SaaS						$	158,741					$	21,339
Transaction-based fees						69,839						125,070
Maintenance						106,979						5,822
Professional services						54,593						9,457
Software licenses and royalties						6,994						—
Hardware and other						5,600						41
Total segment revenues						402,746						161,729						564,475
Less:
Cost of revenues						169,287						108,993
Sales and marketing expense						25,267						4,731
General and administrative expense						11,592						13,401
Research and development expense						37,680						4,318
Segment operating income						$	158,920					$	30,286					$	189,206

For the three months ended March 31, 2024						Enterprise Software						Platform Technologies						Totals
Revenues
Subscriptions:
SaaS						$	128,142					$	20,642
Transaction-based fees						51,884						112,575
Maintenance						111,182						6,036
Professional services						54,893						9,913
Software licenses and royalties						8,571						163
Hardware and other						8,358						—
Total segment revenues						363,030						149,329						512,359
Less:
Cost of revenues						170,805						98,538
Sales and marketing expense						25,226						5,664
General and administrative expense						11,448						13,493
Research and development expense						24,852						3,379
Segment operating income						$	130,699					$	28,255					$	158,954

Schedule of Reconciliation of Operating Income from Segments to Consolidated

												Three Months Ended March 31,
Reconciliation of reportable segment operating income to the Company's consolidated totals:																		2025						2024
Total segment operating income																		$	189,206					$	158,954
Corporate unallocated:
Total revenues																		690						—
Cost of revenues																		(19,804)						(19,350)
Sales and marketing expense																		(6,475)						(5,537)
General and administrative expense																		(54,459)						(47,769)
Research and development expense																		(5,846)						(1,202)
Amortization of other intangibles																		(14,139)						(18,118)
Interest expense																		(1,246)						(2,184)
Other income, net																		7,363						1,845
Income before income taxes																		$	95,290					$	66,639

The following table presents reconciliations of segment revenues from external customers and other segment information to the Company’s consolidated totals:

						Three Months Ended March 31,
Revenues:						2025						2024
ES						$	402,746					$	363,030
PT						161,729						149,329
Corporate unallocated						690						—
Total consolidated						$	565,165					$	512,359
Depreciation and amortization expense:
ES						$	6,607					$	10,496
PT						22,217						23,756
Corporate unallocated						5,797						5,845
Total consolidated						$	34,621					$	40,097
Software development expenditures:
ES						$	1,549					$	1,621
PT						3,991						4,233
Corporate						10						1,532
Total consolidated						$	5,550					$	7,386
Capital expenditures:
ES						$	730					$	6,400
PT						939						687
Corporate						666						195
Total consolidated						$	2,335					$	7,282

Segment assets:						March 31, 2025						December 31, 2024
ES						$	500,481					$	572,224
PT						477,314						416,635
Corporate						4,214,339						4,191,156
Total consolidated						$	5,192,134					$	5,180,015

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
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-Section 50
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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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