XML 74 R63.htm IDEA: XBRL DOCUMENT v3.23.3
Segments and Geographical Information - Segment Information (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Segment Reporting Information [Line Items]        
Net revenues $ 960,214 $ 890,348 $ 2,905,534 $ 2,833,120
Gross profit 663,076 619,169 2,037,339 2,016,074
Income from operations 166,346 143,656 471,793 529,934
Stock-based compensation 39,602 32,918 115,197 98,679
Depreciation and amortization 37,030 32,189 108,669 92,096
Interest income 5,522 1,685 12,280 2,607
Other income (expense), net (9,757) (22,700) (15,749) (48,805)
Net income before provision for income taxes 162,111 122,641 468,324 483,736
Operating Segments        
Segment Reporting Information [Line Items]        
Income from operations 341,294 303,870 1,012,533 1,020,196
Unallocated corporate expenses        
Segment Reporting Information [Line Items]        
Income from operations (174,948) (160,214) (540,740) (490,262)
Stock-based compensation 33,464 28,301 99,330 87,757
Depreciation and amortization 11,466 10,330 34,228 28,743
Clear Aligner        
Segment Reporting Information [Line Items]        
Net revenues 794,939 732,837 2,417,417 2,340,931
Gross profit 562,331 519,387 1,731,721 1,710,328
Clear Aligner | Operating Segments        
Segment Reporting Information [Line Items]        
Income from operations 296,319 259,434 879,933 879,362
Stock-based compensation 5,772 4,377 14,917 10,232
Depreciation and amortization 17,737 14,678 50,725 42,474
Systems and Services        
Segment Reporting Information [Line Items]        
Net revenues 165,275 157,511 488,117 492,189
Gross profit 100,745 99,782 305,618 305,746
Systems and Services | Operating Segments        
Segment Reporting Information [Line Items]        
Income from operations 44,975 44,436 132,600 140,834
Stock-based compensation 366 240 950 690
Depreciation and amortization $ 7,827 $ 7,181 $ 23,716 $ 20,879