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Segment Performance Measures and Expenses
9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
SEGMENT PERFORMANCE MEASURES AND EXPENSES SEGMENT PERFORMANCE MEASURES AND EXPENSES
Our chief operating decision maker (“CODM”), who is our Chief Executive Officer, assesses company-wide performance and allocates resources based on consolidated financial information. Consequently, we view the entire organization as one reportable segment and the strategic purpose of all operating activities is to support that one segment. Our CODM evaluates company-wide performance based on multiple performance measures, including, but not limited to, net income. Our CODM does not generally evaluate our performance using asset or historical cash flow information.
The table below provides the calculation of net income, which is the performance measure that is most consistent with GAAP, and the significant operating expenses included in this performance measure (in thousands):

 
Three Months Ended
September 30,
Nine Months Ended
September 30,
 2025202420252024
Revenue$164,682 $128,679 $675,785 $615,714 
Less:
Departmental expenses (a)
46,839 42,811 137,531 131,762 
Depreciation and amortization19,804 17,549 57,482 52,165 
Intellectual property enforcement10,487 12,867 29,428 47,956 
Share-based compensation9,301 9,081 30,635 28,122 
Revenue share costs2,443 7,029 7,642 78,723 
Other non-operating (income) expense, net (b)
(169)(1,873)(6,163)603 
Income tax provision8,474 7,025 55,557 50,877 
Net income$67,503 $34,190 $363,673 $225,506 
(a) Includes personnel costs, consulting costs, outside services, administrative costs, and other operating expenses.
(b) Includes interest income, interest expense, and other non-operating income and expenses