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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue $ 474,867 $ 495,418 $ 1,367,060 $ 1,334,136
Cost of revenue 211,326 204,516 597,064 553,393
Gross profit 263,541 290,902 769,996 780,743
Operating expenses:        
Research and development 64,787 67,263 192,184 178,497
Selling, general and administrative 63,188 71,768 205,645 212,353
Total operating expenses 127,975 139,031 397,829 390,850
Operating income 135,566 151,871 372,167 389,893
Other income (expense), net 2,289 5 14,129 (5,720)
Income before income taxes 137,855 151,876 386,296 384,173
Income tax expense 16,692 27,539 55,827 65,591
Net income $ 121,163 $ 124,337 $ 330,469 $ 318,582
Net income per share        
Basic (in dollars per share) $ 2.54 $ 2.66 $ 6.96 $ 6.83
Diluted (in dollars per share) $ 2.48 $ 2.57 $ 6.78 $ 6.6
Weighted-average shares outstanding:        
Basic (in shares) 47,780 46,829 47,501 46,643
Diluted (in shares) 48,792 48,349 48,734 48,295