Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Company 's Revenues Expenses and Net (Loss) for Each Reportable Segment Consistant with Net Income (Loss) As Reported On Consolidated Statements of Comprehensive Income

The table below highlights the Company’s revenues, expenses and net income for our single reportable segment, which are consistent with amounts reported on the consolidated statements of comprehensive income for the three months ended March 31, 2025 and 2024.

	Three Months Ended March 31,
	2025			2024
Revenues
Recurring	$	493.4		$	460.0
Implementation and other		6.6			6.0
Interest on funds held for clients		30.5			33.9
Total revenues		530.5			499.9
Cost of revenues
Operating expenses		66.3			63.7
Depreciation and amortization		18.3			15.0
Total cost of revenues		84.6			78.7
Gross profit		445.9			421.2
Administrative expenses
Sales and marketing		110.9			115.5
Research and development		62.3			50.5
General and administrative		66.0			(48.1	)
Depreciation and amortization		21.6			17.5
Total administrative expenses		260.8			135.4
Total operating expenses		345.4			214.1
Operating income		185.1			285.8
Interest expense		(0.8	)		(0.8	)
Other income (expense), net		6.0			5.0
Income before income taxes		190.3			290.0
Provision for income taxes		50.9			42.8
Net income	$	139.4		$	247.2