v3.24.1.u1
Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenue $ 310.1 $ 300.7
Cost of service:    
Cost of service [Extensible List] Service [Member] Service [Member]
Cost of service [1] $ 33.9 $ 35.0
Amortization of acquired technology 9.5 10.5
Gross profit 266.7 255.2
Operating expenses:    
Sales and marketing [1] 99.4 103.2
Research and development [1] 43.7 42.3
General and administrative [1] 75.1 37.7
Amortization of other acquired intangibles 5.3 5.6
Restructuring and transaction-related expenses 0.2 0.1
Total operating expenses 223.7 188.9
Income from operations 43.0 66.3
Interest expense, net 10.1 9.9
Loss on debt modification and extinguishment 0.0 2.2
Other loss (income), net 3.4 (14.0)
Income before income taxes 29.5 68.2
Provision for income taxes 14.4 23.7
Net income $ 15.1 $ 44.5
Net income per share of common stock:    
Basic (in dollars per share) $ 0.04 $ 0.11
Diluted (in dollars per share) $ 0.04 $ 0.11
[1] Amounts include equity-based compensation expense, as follows:
Three Months Ended March 31,
20242023
Cost of service$2.5 $4.1 
Sales and marketing11.8 19.5 
Research and development8.8 6.9 
General and administrative8.1 7.2 
Total equity-based compensation expense$31.2 $37.7