Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

Stock-Based Compensation Expense and Its Net Impact on Basic and Diluted Earnings Per Share

Total stock-based compensation expense and its net impact on basic and diluted earnings per share are as follows:

	Three Months Ended
(in thousands, except per share data)	March 31, 2023		March 31, 2022
Cost of sales:
Maintenance and service	$	2,878	$	2,563
Operating expenses:
Selling, general and administrative	23,905		20,444
Research and development	17,388		12,644
Stock-based compensation expense before taxes	44,171		35,651
Related income tax benefits	(18,186)		(24,888)
Stock-based compensation expense, net of taxes	$	25,985	$	10,763
Net impact on earnings per share:
Basic earnings per share	$	(0.30)	$	(0.12)
Diluted earnings per share	$	(0.30)	$	(0.12)