CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) shares in Thousands, $ in Millions	3 Months Ended
Mar. 31, 2025	Mar. 31, 2024
Revenue	$ 569.0	$ 441.7
Cost of revenue	160.0	134.9
Gross profit	409.0	306.8
Research and development expenses	59.6	50.2
Selling, general and administrative expenses	260.6	199.7
Operating income	88.8	56.9
Interest expense	(9.2)	(10.7)
Interest income	10.3	9.4
Loss on extinguishment of debt	(39.5)	0.0
Other expense, net	(2.3)	(0.7)
Income before income taxes	48.1	54.9
Income tax expense	(12.7)	(3.4)
Net income	$ 35.4	$ 51.5
Earnings per share:
Basic (in dollars per share)	$ 0.50	$ 0.74
Diluted (in dollars per share)	$ 0.50	$ 0.73
Weighted-average number of common shares outstanding (in thousands):
Basic (in shares)	70,272	69,957
Diluted (in shares)	74,111	73,741
Nonrelated Party
Revenue	$ 420.5	$ 329.9
Related Party
Revenue	$ 148.5	$ 111.8

The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities.

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(2)(d))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(2)(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 924
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479941/924-10-S99-1