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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 28, 2019
Sep. 30, 2020
Sep. 28, 2019
Revenues $ 1,368,673 $ 1,429,428 $ 4,110,763 $ 4,250,366
Costs and expenses:        
Costs of revenue 231,889 271,778 698,268 793,655
Sales and client service 625,402 707,743 1,907,138 2,026,825
Software development (Includes amortization of $61,578 and $183,786 for the three and nine months ended September 30, 2020, respectively; and $56,786 and $169,036 for the three and nine months ended September 28, 2019, respectively) 186,826 187,526 551,101 548,934
General and administrative 116,816 152,321 391,000 398,305
Amortization of acquisition-related intangibles 12,789 21,283 43,031 64,809
Total costs and expenses 1,173,722 1,340,651 3,590,538 3,832,528
Gain on sale of businesses 216,869 0 216,869 0
Operating earnings 411,820 88,777 737,094 417,838
Other income, net 48,020 13,535 78,247 44,973
Earnings before income taxes 459,840 102,312 815,341 462,811
Income taxes (103,164) (20,377) (176,758) (87,688)
Net earnings $ 356,676 $ 81,935 $ 638,583 $ 375,123
Basic earnings per share $ 1.17 $ 0.26 $ 2.08 $ 1.17
Diluted earnings per share $ 1.16 $ 0.26 $ 2.07 $ 1.16
Basic weighted average shares outstanding 305,759 315,876 306,759 320,282
Diluted weighted average shares outstanding 308,366 319,113 309,124 323,361
Software development, amortization $ 61,578 $ 56,786 $ 183,786 $ 169,036