XML 104 R97.htm IDEA: XBRL DOCUMENT v3.25.3
Segment Information And Information About Geographic Areas - Schedule of Segment Revenue, Significant Segment Expenses, and Reconciliation of The Company (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Total Revenue $ 267,120 $ 238,481 $ 779,136 $ 698,336
Segment Expenses:        
Interest expense 18,103 16,379 52,866 49,434
Interest income (1,065) (3,343) (4,233) (8,435)
Income tax provision (benefit) 15,373 8,933 (5,143) 9,002
Total operating expenses 162,999 154,732 528,235 469,582
NET(LOSS) INCOME INCLUDING NON-CONTROLLING INTEREST (1,971) 4,132 (6,432) 24,980
Operating Segments [Member]        
Segment Expenses:        
Data licenses and royalties - adjusted [1] 11,180 10,866 32,722 32,725
Customer services - adjusted [2] 29,034 25,455 83,368 73,518
Products and technology - adjusted [3] 76,546 67,437 221,982 194,325
Revenue enablement - adjusted [4] 36,171 30,448 103,906 91,831
General corporate and administrative - adjusted [5] 21,449 19,681 61,315 53,936
Other segment items [6] 22,379 25,372 117,398 94,497
Amortization expense 22,880 18,113 68,640 62,654
Depreciation expense 16,980 10,366 44,307 29,472
Interest expense 18,103 16,379 52,866 49,434
Interest income (1,065) (3,343) (4,233) (8,435)
Significant non-cash items [7] 60 4,641 8,441 (9,603)
Income tax provision (benefit) 15,373 8,933 (5,143) 9,002
Total operating expenses 269,091 234,349 785,568 673,356
NET(LOSS) INCOME INCLUDING NON-CONTROLLING INTEREST (1,971) 4,132 (6,432) 24,980
Domestic Segment [Member]        
Revenues:        
Total Revenue 265,402 236,761 774,028 693,322
Other [Member]        
Revenues:        
Total Revenue [8] $ 1,718 $ 1,720 $ 5,108 $ 5,014
[1] Data licenses and royaltiesadjusted expenses include third party costs for data licensing and royalty fees.
[2] Customer servicesadjusted expenses include the costs to deliver services to customers, including software configuration, integration and implementation services and customer support activities. Customer servicesadjusted excludes stock-based compensation expense and related employer payroll tax.
[3] Products and technologyadjusted expenses include costs related to the engineering, product management design and development of the Company’s solutions, and costs related to the Company’s hosting environments, support of production infrastructure, support of internal systems and infrastructure and IT security. Products and technologyadjusted excludes stock-based compensation expense and related employer payroll tax.
[4] Revenue enablementadjusted expenses include costs for sales and marketing functions, including sales incentives,

advertising costs, and event costs. Revenue enablementadjusted excludes stock-based compensation expense and related employer payroll tax.

[5] General corporate and administrativeadjusted expenses include costs for our executive management and administrative employees, including finance and accounting, human resources, facilities and legal functions. Additional expenses include professional service fees, insurance premiums and other corporate expenses that are not allocated to the other adjusted expense categories. General corporate and administrativeadjusted excludes stock-based compensation expense and related employer payroll tax, litigation proceeds and litigation costs in which the Company is the plaintiff and related antitrust matters, costs associated with the acquisition and integration of completed and potential mergers and acquisitions, costs related to equity transactions, including secondary offerings and debt refinancing costs.
[6] Other segment items include those items excluded from the significant segment expense categories and identified in the above descriptions, adjustments for capitalized labor costs incurred on internal development projects, and expenses of an insignificant segment that does not meet the quantitative thresholds for determining reporting segments.
[7] Significant non-cash items include changes in fair value of derivative instruments and changes in fair value of warrant liabilities.
[8] Represents revenue from our China segment that does not meet the quantitative thresholds for determining reportable segments.