XML 19 R5.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Total revenues $ 1,228,413 $ 1,099,082 $ 965,046
Cost of revenues:      
Total cost of revenues 266,083 237,013 216,539
Gross profit 962,330 862,069 748,507
Operating expense (income):      
Research and development 274,619 257,856 220,915
Selling and marketing 224,336 195,622 162,240
General and administrative 180,738 174,647 150,116
Deferred compensation plan 13,580 (15,782) 95,046
Amortization of purchased intangibles 38,515 41,114 25,601
Total operating expenses 731,788 653,457 653,918
Income from operations 230,542 208,612 94,589
Interest expense, net (39,793) (34,635) (11,221)
Other (expense) income, net (7,222) 24,298 9,961
Income before income taxes 183,527 198,275 93,329
Benefit (provision) for income taxes 143,241 (21,283) 3,448
Gain (loss) from investments accounted for using the equity method, net of tax 19 (2,212) (3,585)
Net income $ 326,787 $ 174,780 $ 93,192
Per share information:      
Net income per share, basic (USD per share) $ 1.05 $ 0.57 $ 0.30
Net income per share, diluted (USD per share) $ 1.00 $ 0.55 $ 0.30
Weighted average shares, basic (in shares) 312,358,823 309,226,677 305,711,345
Weighted average shares, diluted (in shares) 332,503,633 331,765,158 314,610,814
Subscriptions and licenses      
Revenues:      
Total revenues $ 1,126,345 $ 1,003,597 $ 865,887
Cost of revenues:      
Total cost of revenues 169,406 147,578 124,321
Subscriptions      
Revenues:      
Total revenues 1,080,307 960,220 812,807
Perpetual licenses      
Revenues:      
Total revenues 46,038 43,377 53,080
Services      
Revenues:      
Total revenues 102,068 95,485 99,159
Cost of revenues:      
Total cost of revenues $ 96,677 $ 89,435 $ 92,218