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Segment and Geographic Information (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of Reconciliation of Operating Income to Adjusted OI Less SBC
Reconciliation of operating income to AOI less SBC:
Three Months Ended
March 31,
20252024
Operating income
$115,184 $91,931 
Amortization of purchased intangibles (see Note 6)
11,444 12,190 
Deferred compensation plan
(1,246)5,799 
Acquisition expenses (1)
838 2,359 
Realignment expenses (2)
— 66 
AOI less SBC
$126,220 $112,345 
Further explanation of certain of the Company’s adjustments in arriving at AOI less SBC are as follows:
(1)Acquisition expenses. The Company incurs expenses for professional services rendered in connection with business combinations, which are recorded in General and administrative in the consolidated statements of operations. Also included in the Company’s acquisition expenses are retention incentives paid to executives of the acquired companies.
(2)Realignment expenses. For the three months ended March 31, 2025, Realignment expenses were primarily associated with a strategic realignment program, which the Company initiated during the fourth quarter of 2023 (the “2023 Program”).
Schedule of Long-lived Assets by Geographic Areas Long‑lived assets (other than goodwill), net of depreciation and amortization by geographic region (see Notes 5, 6, and 8) are as follows:
March 31, 2025December 31, 2024
Americas (1)
$219,495 $230,964 
EMEA32,814 32,712 
APAC15,569 16,384 
Total long-lived assets$267,878 $280,060 
(1)Americas includes the U.S., Canada, and Latin America (including the Caribbean).