| Schedule of Segment Performance |
The following tables are a summary of reportable segment performance with Other to reconcile to the total consolidated for the three months ended June 30, 2025, and 2024:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | (in thousands) | | For the Three Months Ended June 30, 2025 | | | CAG | | Water | | LPD | | Total | | | | | | | | | | | Total revenues from reportable segments | | $ | 1,022,443 | | | $ | 51,001 | | | $ | 31,762 | | | $ | 1,105,206 | | | Reconciliation of revenue | | | | | | | | | | Other revenues | | | | | | | | 4,251 | | | Total consolidated revenue | | | | | | | | 1,109,457 | | | Cost of revenue | | 380,341 | | | 15,490 | | | 16,833 | | | | | Segment gross profit | | $ | 642,102 | | | $ | 35,511 | | | $ | 14,929 | | | $ | 692,542 | | | | | | | | | | | | Reconciliation of operating profit (segment profit) | | | | | | | | | | Segment gross profit | | | | | | | | $ | 692,542 | | | Segment operating expenses | | | | | | | | (319,928) | | | Other operating profit (excluding unallocated amounts) | | | | | | | | 1,000 | | | Unallocated amounts | | | | | | | | | | Foreign currency transaction losses | | | | | | | | (568) | | | Interest expense | | | | | | | | (11,321) | | | Interest income | | | | | | | | 627 | | | Income before provision for income taxes | | | | | | | | $ | 362,352 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | (in thousands) | | For the Three Months Ended June 30, 2024 | | | CAG | | Water | | LPD | | Total | | | | | | | | | | | Total revenues from reportable segments | | $ | 922,298 | | | $ | 46,726 | | | $ | 30,306 | | | $ | 999,330 | | | Reconciliation of revenue | | | | | | | | | | Other revenues | | | | | | | | 4,248 | | | Total consolidated revenue | | | | | | | | 1,003,578 | | | Cost of revenue | | 353,227 | | | 14,652 | | | 14,748 | | | | | Segment gross profit | | $ | 569,071 | | | $ | 32,074 | | | $ | 15,558 | | | $ | 616,703 | | | | | | | | | | | | Reconciliation of operating profit (segment profit) | | | | | | | | | | Segment gross profit | | | | | | | | $ | 616,703 | | | Segment operating expenses | | | | | | | | (353,150) | | | Other operating profit (excluding unallocated amounts) | | | | | | | | 1,249 | | | Unallocated amounts | | | | | | | | | | Foreign currency transaction losses | | | | | | | | (1,001) | | | Interest expense | | | | | | | | (8,099) | | | Interest income | | | | | | | | 3,354 | | | Income before provision for income taxes | | | | | | | | $ | 259,056 | |
The following tables are a summary of reportable segment performance with Other to reconcile to the total consolidated for the six months ended June 30, 2025, and 2024:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | (in thousands) | | For the Six Months Ended June 30, 2025 | | | CAG | | Water | | LPD | | Total | | | | | | | | | | | Total revenues from reportable segments | | $ | 1,942,279 | | | $ | 96,322 | | | $ | 60,358 | | | $ | 2,098,959 | | | Reconciliation of revenue | | | | | | | | | | Other revenues | | | | | | | | $ | 8,925 | | | Total consolidated revenue | | | | | | | | 2,107,884 | | | Cost of revenue | | 725,354 | | | 28,738 | | | 31,064 | | | | | Segment gross profit | | $ | 1,216,925 | | | $ | 67,584 | | | $ | 29,294 | | | $ | 1,313,803 | | | | | | | | | | | | Reconciliation of operating profit (segment profit) | | | | | | | | | | Segment gross profit | | | | | | | | $ | 1,313,803 | | | Segment operating expenses | | | | | | | | (625,092) | | | Other operating profit (excluding unallocated amounts) | | | | | | | | 2,108 | | | Unallocated amounts | | | | | | | | | | Foreign currency transaction losses | | | | | | | | (1,239) | | | Interest expense | | | | | | | | (18,987) | | | Interest income | | | | | | | | 1,843 | | | Income before provision for income taxes | | | | | | | | $ | 672,436 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | (in thousands) | | For the Six Months Ended June 30, 2024 | | | CAG | | Water | | LPD | | Total | | | | | | | | | | | Total revenues from reportable segments | | $ | 1,811,583 | | | $ | 89,797 | | | $ | 58,511 | | | $ | 1,959,891 | | | Reconciliation of revenue | | | | | | | | | | Other revenues | | | | | | | | 7,782 | | Total consolidated revenue | | | | | | | | 1,967,673 | | | Cost of revenue | | 696,276 | | | 27,226 | | | 27,719 | | | | | Segment gross profit | | $ | 1,115,307 | | | $ | 62,571 | | | $ | 30,792 | | | $ | 1,208,670 | | | | | | | | | | | | Reconciliation of operating profit (segment profit) | | | | | | | | | | Segment gross profit | | | | | | | | $ | 1,208,670 | | | Segment operating expenses | | | | | | | | (645,125) | | | Other operating profit (excluding unallocated amounts) | | | | | | | | 1,148 | | | Unallocated amounts | | | | | | | | | | Foreign currency transaction losses | | | | | | | | (1,934) | | | Interest expense | | | | | | | | (16,010) | | | Interest income | | | | | | | | 7,786 | | | Income before provision for income taxes | | | | | | | | $ | 554,535 | |
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