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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Total revenues $ 268,285 $ 223,921 $ 543,802 $ 445,926
Cost of revenues:        
Total cost of revenues 59,694 53,451 115,479 102,740
Gross profit 208,591 170,470 428,323 343,186
Operating expense (income):        
Research and development 64,866 52,776 126,139 100,579
Selling and marketing 49,617 38,014 95,562 70,454
General and administrative 40,033 41,683 91,187 74,904
Deferred compensation plan (12,159) 195 (17,297) 362
Amortization of purchased intangibles 10,517 4,589 20,423 8,027
Total operating expenses 152,874 137,257 316,014 254,326
Income from operations 55,717 33,213 112,309 88,860
Interest expense, net (7,622) (2,453) (14,664) (4,772)
Other income (expense), net 3,497 (3,777) 14,138 10,705
Income before income taxes 51,592 26,983 111,783 94,793
Benefit for income taxes 4,674 20,473 1,443 10,115
Loss from investment accounted for using the equity method, net of tax (593) (1,829) (1,165) (2,275)
Net income 55,673 45,627 112,061 102,633
Less: Net income attributable to participating securities (11) (3) (20) (3)
Net income attributable to Class A and Class B common stockholders $ 55,662 $ 45,624 $ 112,041 $ 102,630
Per share information:        
Net income per share, basic (USD per share) $ 0.18 $ 0.15 $ 0.36 $ 0.34
Net income per share, diluted (USD per share) $ 0.17 $ 0.14 $ 0.35 $ 0.32
Weighted average shares, basic (in shares) 308,244,778 304,066,038 308,512,924 303,311,423
Weighted average shares, diluted (in shares) 332,275,216 324,478,086 332,208,435 323,094,045
Subscriptions and licenses        
Revenues:        
Total revenues $ 243,739 $ 197,833 $ 495,177 $ 396,074
Cost of revenues:        
Total cost of revenues 36,806 29,881 70,533 58,826
Subscriptions        
Revenues:        
Total revenues 232,191 186,442 473,424 374,567
Perpetual licenses        
Revenues:        
Total revenues 11,548 11,391 21,753 21,507
Services        
Revenues:        
Total revenues 24,546 26,088 48,625 49,852
Cost of revenues:        
Total cost of revenues $ 22,888 $ 23,570 $ 44,946 $ 43,914