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Unaudited Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues    
Total revenues $ 353,519 $ 272,198
Cost of revenues    
Operating expenses 38,492 29,073
Depreciation and amortization 9,992 7,200
Total cost of revenues 48,484 36,273
Administrative expenses    
Sales and marketing 74,996 62,761
Research and development 31,605 24,711
General and administrative 60,504 46,191
Depreciation and amortization 11,663 7,716
Total administrative expenses 178,768 141,379
Total operating expenses 227,252 177,652
Operating income 126,267 94,546
Interest expense (215)  
Other income (expense), net 1,412 629
Income before income taxes 127,464 95,175
Provision for income taxes 35,534 30,559
Net income $ 91,930 $ 64,616
Earnings per share, basic $ 1.58 $ 1.12
Earnings per share, diluted $ 1.58 $ 1.11
Weighted average shares outstanding:    
Basic 58,014 57,740
Diluted 58,219 58,394
Comprehensive earnings (loss):    
Net income $ 91,930 $ 64,616
Unrealized net gains (losses) on available-for-sale securities (1,522)  
Tax effect 403  
Other comprehensive income (loss), net of tax (1,119)  
Comprehensive earnings (loss) 90,811 64,616
Recurring [Member]    
Revenues    
Total revenues 348,164 267,774
Implementation and Other [Member]    
Revenues    
Total revenues $ 5,355 $ 4,424