XML 18 R2.htm IDEA: XBRL DOCUMENT v3.26.1
Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenue $ 663.2 $ 605.1 $ 1,308.0 $ 1,187.0
Operating expense:        
Cost of revenue 239.3 230.6 478.2 462.0
Sales and marketing 118.1 119.7 233.3 232.3
General and administrative 98.5 82.0 182.5 158.5
Depreciation and amortization 53.5 48.5 105.2 95.8
Total operating expense 509.4 480.8 999.2 948.6
Other operating income 6.8 0.8 7.7 0.8
Operating income 160.6 125.1 316.5 239.2
Non-operating expense, net:        
Interest expense, net (17.1) (7.4) (30.8) (12.8)
Other income (expense), net 3.5 (1.2) 3.1 (1.4)
Non-operating expense, net (13.6) (8.6) (27.7) (14.2)
Income before income taxes and equity in investments of unconsolidated entities 147.0 116.5 288.8 225.0
Equity in investments of unconsolidated entities (0.9) (1.2) (1.0) (3.8)
Income tax expense 38.3 26.3 72.9 53.7
Consolidated net income $ 107.8 $ 89.0 $ 214.9 $ 167.5
Net income per share:        
Basic (in dollars per share) $ 2.85 $ 2.11 $ 5.59 $ 3.94
Diluted (in dollars per share) 2.83 2.09 5.55 3.91
Dividends declared (in dollars per share) 0.50 0.46 1.00 0.91
Dividends paid per common share (in dollars per share) $ 0.50 $ 0.46 $ 1.00 $ 0.91
Weighted average shares outstanding:        
Basic (in shares) 37.8 42.2 38.5 42.5
Diluted (in shares) 38.1 42.5 38.7 42.8