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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Total revenues $ 268,332 $ 251,388 $ 812,134 $ 697,314
Cost of revenues:        
Total cost of revenues 59,183 54,232 174,662 156,972
Gross profit 209,149 197,156 637,472 540,342
Operating expense (income):        
Research and development 63,827 57,334 189,966 157,913
Selling and marketing 46,114 44,392 141,676 114,846
General and administrative 37,794 35,329 128,981 110,233
Deferred compensation plan (4,576) 88,965 (21,873) 89,327
Amortization of purchased intangibles 10,446 8,676 30,869 16,703
Total operating expenses 153,605 234,696 469,619 489,022
Income (loss) from operations 55,544 (37,540) 167,853 51,320
Interest expense, net (8,382) (3,836) (23,046) (8,608)
Other income (expense), net 180 (957) 14,318 9,748
Income (loss) before income taxes 47,342 (42,333) 159,125 52,460
(Provision) benefit for income taxes (9,664) (5,025) (8,221) 5,090
Loss from investment accounted for using the equity method, net of tax (681) (664) (1,846) (2,939)
Net income (loss) 36,997 (48,022) 149,058 54,611
Less: Net income (loss) attributable to participating securities (11) (3) (31) (6)
Net income (loss) attributable to Class A and Class B common stockholders $ 36,986 $ (48,025) $ 149,027 $ 54,605
Per share information:        
Net income (loss) per share, basic (USD per share) $ 0.12 $ (0.16) $ 0.48 $ 0.18
Net income (loss) per share, diluted (USD per share) $ 0.12 $ (0.16) $ 0.46 $ 0.17
Weighted average shares, basic (in shares) 310,116,104 308,195,379 308,959,801 305,119,985
Weighted average shares, diluted (in shares) 325,170,383 308,195,379 332,077,834 314,658,136
Subscriptions and licenses        
Revenues:        
Total revenues $ 244,767 $ 227,001 $ 739,944 $ 623,075
Cost of revenues:        
Total cost of revenues 37,371 31,056 107,904 89,882
Subscriptions        
Revenues:        
Total revenues 235,307 215,135 708,731 589,702
Perpetual licenses        
Revenues:        
Total revenues 9,460 11,866 31,213 33,373
Services        
Revenues:        
Total revenues 23,565 24,387 72,190 74,239
Cost of revenues:        
Total cost of revenues $ 21,812 $ 23,176 $ 66,758 $ 67,090