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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
REVENUE:    
Total revenue $ 576.9 $ 472.6
COST OF REVENUE:    
Total cost of revenue 128.7 113.0
GROSS PROFIT:    
Total gross profit 448.2 359.6
OPERATING EXPENSES:    
Research and development 80.3 68.6
Sales and marketing 260.0 215.9
General and administrative 28.8 24.5
Gain on intellectual property matter (36.8) 0.0
Total operating expenses 332.3 309.0
OPERATING INCOME 115.9 50.6
INTEREST INCOME—NET 9.2 10.2
OTHER EXPENSE—NET (8.0) (0.5)
INCOME BEFORE INCOME TAXES 117.1 60.3
PROVISION FOR INCOME TAXES 13.1 1.5
NET INCOME $ 104.0 $ 58.8
Net income per share (Note 8):    
Basic (in dollars per share) $ 0.61 $ 0.35
Diluted (in dollars per share) $ 0.60 $ 0.34
Weighted-average shares outstanding:    
Basic (in shares) 170.6 170.2
Diluted (in shares) 174.2 174.8
Product [Member]    
REVENUE:    
Total revenue $ 192.3 $ 162.7
COST OF REVENUE:    
Total cost of revenue 76.3 70.2
GROSS PROFIT:    
Total gross profit 116.0 92.5
Service [Member]    
REVENUE:    
Total revenue 384.6 309.9
COST OF REVENUE:    
Total cost of revenue 52.4 42.8
GROSS PROFIT:    
Total gross profit $ 332.2 $ 267.1