XML 31 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Revenue $ 324.0 $ 258.9
Operating expense:    
Cost of revenue 137.0 105.1
Sales and marketing 50.9 40.0
General and administrative 57.4 40.8
Depreciation and amortization 34.2 23.5
Total operating expense 279.5 209.4
Operating income 44.5 49.5
Non-operating expense, net:    
Interest expense, net (3.2) (0.7)
Gain on sale of investments, reclassified from other comprehensive income (0.4) 0.6
Other expense, net (7.7) (3.2)
Non-operating expense, net (11.3) (3.3)
Income before income taxes and equity in net loss of unconsolidated entities 33.2 46.2
Equity in net loss of unconsolidated entities (0.8) (1.5)
Income tax expense 8.5 11.5
Consolidated net income $ 23.9 $ 33.2
Net income per share:    
Basic (in dollars per share) $ 0.56 $ 0.78
Diluted (in dollars per share) 0.55 0.77
Dividends declared (in dollars per share) 0.30 0.28
Dividends paid per common share (in dollars per share) $ 0.30 $ 0.28
Weighted average shares outstanding:    
Basic (in shares) 42.9 42.6
Diluted (in shares) 43.3 43.0