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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:      
Total revenues $ 2,329.9 $ 2,166.8 $ 2,064.9
Operating expenses:      
Total cost of revenues 304.4 258.1 226.5
Research and development 349.9 292.7 252.8
Selling and marketing 675.2 597.8 569.9
General and administrative 116.1 110.7 111.5
Total operating expenses 1,445.6 1,259.3 1,160.7
Operating income 884.3 907.5 904.2
Financial income, net 44.0 42.1 66.6
Income before taxes on income 928.3 949.6 970.8
Taxes on income 131.4 134.0 124.2
Net income $ 796.9 $ 815.6 $ 846.6
Basic earnings per ordinary share $ 6.37 $ 6.13 $ 6.03
Number of shares used in computing basic earnings per share 125,205,504 133,121,763 140,495,886
Diluted earnings per ordinary share $ 6.31 $ 6.08 $ 5.96
Number of shares used in computing diluted earnings per share 126,338,989 134,110,048 141,977,992
Products and licenses      
Revenues:      
Total revenues $ 554.9 $ 513.9 $ 513.6
Operating expenses:      
Total cost of revenues 145.6 110.7 96.8
Security subscriptions      
Revenues:      
Total revenues 858.0 755.2 671.1
Operating expenses:      
Total cost of revenues 41.4 35.9 26.4
Software updates and maintenance      
Revenues:      
Total revenues 917.0 897.7 880.2
Operating expenses:      
Total cost of revenues 105.5 103.0 96.7
Amortization of technology      
Operating expenses:      
Total cost of revenues $ 11.9 $ 8.5 $ 6.6