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Condensed Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Total revenues $ 1,512,000 $ 1,152,000 $ 4,282,000 $ 3,269,000
Cost of revenues:        
Total cost of revenues [1] 350,000 252,000 979,000 708,000
Gross profit 1,162,000 900,000 3,303,000 2,561,000
Operating expenses:        
Sales and marketing [1] 579,000 454,000 1,660,000 1,321,000
Research and development [1] 358,000 268,000 1,005,000 740,000
General and administrative [1] 151,000 109,000 416,000 319,000
Total operating expenses [1] 1,088,000 831,000 3,081,000 2,380,000
Income from operations 74,000 69,000 222,000 181,000
Interest expense (7,000) (8,000) (21,000) (25,000)
Other income (expense), net 1,000 (35,000) 16,000 (20,000)
Income before income taxes 68,000 26,000 217,000 136,000
Provision for income taxes 5,000 13,000 13,000 34,000
Net income $ 62,890 $ 12,858 $ 203,725 $ 101,855
Net income per share - basic (in dollars per share) $ 0.32 $ 0.07 $ 1.03 $ 0.53
Net income per share - diluted (in dollars per share) $ 0.31 $ 0.06 $ 1.00 $ 0.50
Weighted-average shares used to compute net income per share - basic (in shares) 198,600 193,237 197,680 193,203
Weighted-average shares used to compute net income per share - diluted (in shares) 203,124 201,861 202,729 202,837
Other comprehensive income:        
Foreign currency translation adjustments $ (20,000) $ 25,000 $ (37,000) $ 23,000
Unrealized gain (loss) on investments, net of tax (2,000) (3,000) (9,000) 4,000
Other comprehensive income (loss) (22,000) 22,000 (46,000) 27,000
Comprehensive income 41,000 35,000 158,000 129,000
Subscription        
Revenues:        
Total revenues 1,427,000 1,091,000 4,050,000 3,102,000
Cost of revenues:        
Total cost of revenues [1] 264,000 189,000 740,000 521,000
Professional services and other        
Revenues:        
Total revenues 85,000 61,000 232,000 167,000
Cost of revenues:        
Total cost of revenues [1] $ 86,000 $ 63,000 $ 239,000 $ 187,000
[1] Includes stock-based compensation as follows:
 Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
Cost of revenues:
Subscription$33 $26 $95 $72 
Professional services and other15 13 43 38 
Operating expenses:
Sales and marketing101 79 293 228 
Research and development102 74 288 203 
General and administrative40 28 110 84