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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:        
Total revenue $ 179,396,000 $ 181,271,000 $ 532,298,000 $ 531,915,000
Cost of revenue:        
Cost of recurring revenue 16,563,000 17,949,000 49,854,000 49,331,000
Amortization of acquired technologies 3,628,000 39,882,000 24,503,000 120,397,000
Total cost of revenue 20,191,000 57,831,000 74,357,000 169,728,000
Gross profit 159,205,000 123,440,000 457,941,000 362,187,000
Operating expenses:        
Sales and marketing 64,813,000 58,642,000 190,472,000 174,384,000
Research and development 22,562,000 26,285,000 68,092,000 78,474,000
General and administrative 42,558,000 28,551,000 116,505,000 90,135,000
Amortization of acquired intangibles 13,045,000 13,784,000 39,387,000 41,704,000
Goodwill impairment 278,706,000 0 891,101,000 0
Total operating expenses 421,684,000 127,262,000 1,305,557,000 384,697,000
Operating loss (262,479,000) (3,822,000) (847,616,000) (22,510,000)
Other income (expense):        
Interest expense, net (23,181,000) (15,897,000) (57,669,000) (48,262,000)
Other income (expense), net (2,418,000) 1,478,000 (1,861,000) 1,865,000
Total other expense (25,599,000) (14,419,000) (59,530,000) (46,397,000)
Loss before income taxes (288,078,000) (18,241,000) (907,146,000) (68,907,000)
Income tax expense (benefit) 4,141,000 (19,321,000) 11,856,000 (26,322,000)
Net income (loss) from continuing operations (292,219,000) 1,080,000 (919,002,000) (42,585,000)
Net income (loss) from discontinued operations, net of tax 0 (10,059,000) 0 14,822,000
Net loss (292,219,000) (8,979,000) (919,002,000) (27,763,000)
Net income (loss) from continuing operations available to common stockholders (292,219,000) 920,000 (919,002,000) (42,745,000)
Net income (loss) from discontinued operations available to common stockholders $ 0 $ (10,059,000) $ 0 $ 14,822,000
Net income (loss) available to common stockholders per share:        
Basic earnings (loss) from continuing operations per share (in dollars per share) $ (1.81) $ 0.01 $ (5.72) $ (0.27)
Basic earnings (loss) from discontinued operations per share (in dollars per share) 0 (0.06) 0 0.09
Basic loss per share (in dollars per share) (1.81) (0.06) (5.72) (0.18)
Diluted earnings (loss) from continuing operations per share (in dollars per share) (1.81) 0.01 (5.72) (0.27)
Diluted earnings (loss) from discontinued operations per share (in dollars per share) 0 (0.06) 0 0.09
Diluted loss per share (in dollars per share) $ (1.81) $ (0.06) $ (5.72) $ (0.18)
Weighted-average shares used to compute net income (loss) available to common stockholders per share:        
Shares used in computing basic earnings (loss) per share (in shares) 161,111 158,202 160,545 157,730
Shares used in computation of diluted earnings (loss) per share (in shares) 161,111 160,328 160,545 157,730
Recurring Revenue        
Revenue:        
Total revenue $ 156,629,000 $ 152,035,000 $ 461,823,000 $ 451,127,000
Subscription        
Revenue:        
Total revenue 42,248,000 32,293,000 117,975,000 90,218,000
Cost of revenue:        
Amortization of acquired technologies 2,711,000 2,763,000 8,182,000 8,614,000
Maintenance        
Revenue:        
Total revenue 114,381,000 119,742,000 343,848,000 360,909,000
License        
Revenue:        
Total revenue 22,767,000 29,236,000 70,475,000 80,788,000
Cost of revenue:        
Amortization of acquired technologies $ 917,000 $ 37,119,000 $ 16,321,000 $ 111,783,000