XML 13 R3.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenue $ 631.3 $ 611.1
Cost of revenue [1] 105.8 116.8
Gross profit 525.5 494.3
Operating expenses    
Research and development [1] 219.1 235.2
Sales and marketing [1] 108.8 119.2
General and administrative [1] 54.1 55.8
Total operating expenses [1] 382.0 410.2
Income from operations 143.5 84.1
Interest income, net 7.3 3.9
Other income (loss), net 0.3 (0.4)
Income before income taxes 151.1 87.6
Provision for income taxes (18.8) (18.6)
Net income $ 132.3 $ 69.0
Basic net income per share (in dollars per share) $ 0.40 $ 0.20
Diluted net income per share (in dollars per share) $ 0.39 $ 0.20
Weighted-average shares used in computing net income per share attributable to common stockholders, basic (in shares) 334.8 347.1
Weighted-average shares used in computing net income per share attributable to common stockholders, diluted (in shares) 340.7 348.8
[1] Includes stock-based compensation as follows:
Three Months Ended
March 31,
20242023
Cost of revenue$5.2 $5.4 
Research and development(2)
55.4 52.9 
Sales and marketing5.1 5.5 
General and administrative12.3 12.2 
Total stock-based compensation$78.0 $76.0