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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenue $ 2,275.1 $ 2,038.6 $ 1,870.6
Operating expense:      
Cost of revenue 895.7 843.5 779.3
Sales and marketing 441.0 423.8 356.5
General and administrative 327.2 355.8 400.4
Depreciation and amortization 190.4 184.9 166.6
Total operating expense 1,854.3 1,808.0 1,702.8
Gain on sale of customer assets 64.0 0.0 0.0
Operating income 484.8 230.6 167.8
Non-operating income (expense), net:      
Interest expense, net (37.7) (51.7) (28.4)
Net realized gains (losses) on sale of investments, reclassified from other comprehensive income 3.8 2.9 (2.1)
Gain on sale of business 45.3 0.0 0.0
Expense from equity method transaction, net 0.0 (11.8) 0.0
Other income (expense), net (4.9) 11.5 (6.7)
Non-operating income (expense), net 6.5 (49.1) (37.2)
Income before income taxes and equity in investments of unconsolidated entities 491.3 181.5 130.6
Equity in investments of unconsolidated entities (17.4) (7.4) (3.6)
Income tax expense 104.0 33.0 56.5
Consolidated net income $ 369.9 $ 141.1 $ 70.5
Net income per share:      
Basic net income per share (in dollars per share) $ 8.64 $ 3.31 $ 1.65
Diluted net income per share (in dollars per share) 8.58 3.29 1.64
Dividends per common share:      
Dividends declared per common share (in dollars per share) 1.67 1.53 1.46
Dividends paid per common share (in dollars per share) $ 1.62 $ 1.50 $ 1.44
Weighted average shares outstanding:      
Basic (in shares) 42.8 42.6 42.6
Diluted (in shares) 43.1 42.9 42.9