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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:                      
Total revenues $ 219,567 $ 202,997 $ 184,290 $ 194,690 $ 202,922 $ 186,588 $ 169,605 $ 177,539 $ 801,544 $ 736,654 $ 691,710
Cost of revenues:                      
Total cost of revenues                 167,155 144,150 131,324
Gross profit 169,004 160,369 147,585 157,431 163,021 151,537 132,974 144,972 634,389 592,504 560,386
Operating expenses:                      
Research and development                 185,515 183,552 175,032
Selling and marketing                 143,791 155,294 160,635
General and administrative                 113,451 97,580 89,328
Amortization of purchased intangibles 15,352       14,213       15,352 14,213 14,000
Expenses associated with initial public offering                 26,130 0 0
Total operating expenses                 484,239 450,639 438,995
Income from operations 54,275 5,323 44,591 45,961 42,705 41,402 19,468 38,290 150,150 141,865 121,391
Interest expense, net                 (7,476) (8,199) (8,765)
Other income (expense), net                 24,946 (5,557) 236
Income before income taxes                 167,620 128,109 112,862
(Provision) benefit for income taxes (16,480) (10,705) (4,264) (7,176) (11,979) (6,640) (801) (4,318) (38,625) (23,738) 29,250
Loss from investment accounted for using the equity method, net of tax                 (2,474) (1,275) 0
Net income $ 51,932 $ 5,844 $ 39,076 $ 29,669 $ 36,251 $ 20,427 $ 19,981 $ 26,437 126,521 103,096 142,112
Less: Net income attributable to participating securities                 (234) (8) (4)
Net income attributable to Class A and Class B common stockholders                 $ 126,287 $ 103,088 $ 142,108
Per share information:                      
Net income per share, basic (USD per share) $ 0.17 $ 0.02 $ 0.14 $ 0.10 $ 0.13 $ 0.07 $ 0.07 $ 0.09 $ 0.44 $ 0.36 $ 0.50
Net income per share, diluted (USD per share) $ 0.17 $ 0.02 $ 0.13 $ 0.10 $ 0.13 $ 0.07 $ 0.07 $ 0.09 $ 0.42 $ 0.35 $ 0.49
Weighted average shares outstanding, basic (in shares)                 289,863,272 284,625,642 285,805,096
Weighted average shares outstanding, diluted (in shares)                 299,371,129 293,796,707 292,624,496
Subscriptions and licenses                      
Revenues:                      
Total revenues                 $ 736,655 $ 667,993 $ 618,486
Cost of revenues:                      
Total cost of revenues                 95,803 71,578 55,113
Subscriptions                      
Revenues:                      
Total revenues                 679,273 608,300 557,421
Perpetual licenses                      
Revenues:                      
Total revenues                 57,382 59,693 61,065
Services                      
Revenues:                      
Total revenues                 64,889 68,661 73,224
Cost of revenues:                      
Total cost of revenues                 $ 71,352 $ 72,572 $ 76,211