XML 69 R58.htm IDEA: XBRL DOCUMENT v3.25.4
Segments and Major Customers - Schedule of Segment Information (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment reporting information      
Impairment of assets $ 0 $ (1,071) $ (10,045)
Interest and other income (expense), net 21,738 17,034 33,521
Change in fair value of earn-out liability 0 (5,044) 9,234
Restructuring charges 0 0 (9,368)
Gain on divestiture 0 0 90,784
Provision for (benefit from) income taxes (51,501) (20,222) 146,744
Net income 230,455 179,821 333,904
Reportable Segment      
Segment reporting information      
Total revenue 707,630 556,624 461,117
Adjusted cost of revenue [1] (136,791) (98,368) (89,322)
Adjusted research and development [2] (167,048) (146,431) (140,793)
Adjusted sales, general and administrative [3] (82,322) (76,038) (76,669)
Stock-based compensation expense [4] (54,267) (44,879) (45,011)
Amortization of acquired intangible assets [4] (6,878) (11,710) (14,741)
Impairment of assets 0 (1,071) (10,045)
Acquisition and divestiture-related costs [5] (106) (162) (1,625)
Interest and other income (expense), net 21,738 17,034 33,521
Change in fair value of earn-out liability 0 5,044 (9,234)
Restructuring charges 0 0 (9,368)
Gain on divestiture 0 0 90,784
Other [6] 0 0 (1,454)
Provision for (benefit from) income taxes (51,501) (20,222) 146,744
Net income $ 230,455 $ 179,821 $ 333,904
[1] Excludes stock-based compensation expenses and amortization of acquisition-related intangible assets
[2] Excludes stock-based compensation expenses and retention bonus expense related to acquisitions
[3] Excludes stock-based compensation expenses, acquisition-related costs and retention bonus expense related to acquisitions.
[4] The Company excludes these expenses from its adjusted cost of revenue and operating expenses primarily because such expenses are non-cash expenses that the Company does not believe are reflective of ongoing operating results.
[5] The Company excludes these expenses in order to provide better comparability between periods as they are related to acquisitions and divestitures and have no direct correlation to the Company’s ongoing operating results.
[6] Includes expense on abandoned operating leases, facility restoration costs and certain other one-time adjustments. The Company excludes these items as they are not reflective of ongoing results.