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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Total revenues $ 315,068 $ 311,657
Cost of revenues [1] 46,100 43,852
Gross profit 268,968 267,805
Operating expenses:    
Sales and marketing [1] 117,762 107,951
Research, development and engineering [1] 18,427 19,675
General and administrative [1] 102,217 113,298
Total operating expenses 238,406 240,924
Income from operations 30,562 26,881
Interest expense, net (11,510) (21,477)
Gain on sale of businesses 0 1,979
Unrealized gain on short-term investments 8,951 0
Other income, net 2,399 243
Income from continuing operations before income taxes and (loss) income from equity method investment, net 30,402 7,626
Income tax expense (benefit) 5,080 (6,884)
(Loss) income from equity method investment, net (785) 24,270
Net income from continuing operations 24,537 38,780
Income from discontinued operations, net of income taxes 0 39,142
Net income $ 24,537 $ 77,922
Net income per common share from continuing operations:    
Basic (in dollars per share) $ 0.52 $ 0.87
Diluted (in dollars per share) 0.51 0.83
Net income per common share from discontinued operations:    
Basic (in dollars per share) 0.88
Diluted (in dollars per share) 0.84
Earnings Per Share, Basic [Abstract]    
Basic (in usd per share) 0.52 1.75
Diluted (in usd per share) $ 0.51 $ 1.67
Weighted average shares outstanding:    
Weighted-average outstanding shares of common stock - basic (in shares) 47,054,411 44,399,149
Weighted Average Number of Shares Outstanding, Diluted 52,405,317 46,731,872
Share-based compensation expense $ 6,717 $ 5,730
Cost of revenues    
Weighted average shares outstanding:    
Share-based compensation expense 84 83
Sales and marketing    
Weighted average shares outstanding:    
Share-based compensation expense 569 266
Research, development and engineering    
Weighted average shares outstanding:    
Share-based compensation expense 629 418
General and administrative    
Weighted average shares outstanding:    
Share-based compensation expense $ 5,435 $ 4,963
[1]
(1) Includes share-based compensation expense as follows:
Cost of revenues$84 $83 
Sales and marketing569 266 
Research, development and engineering629 418 
General and administrative5,435 4,963 
Total$— $—