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Business Segments
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Business Segments Business Segments
The following table presents selected financial information by reportable segment:

Three months ended
September 30,
Nine months ended
September 30,
20242023Change %20242023Change %
Net revenues:
Application Software$984.4 $803.4 22.5 %$2,811.4 $2,335.1 20.4 %
Network Software367.1 364.1 0.8 %1,102.1 1,076.7 2.4 %
Technology Enabled Products413.1 395.9 4.3 %1,248.6 1,152.5 8.3 %
Total$1,764.6 $1,563.4 12.9 %$5,162.1 $4,564.3 13.1 %
Gross profit:
Application Software$672.8 $557.7 20.6 %$1,939.6 $1,609.2 20.5 %
Network Software311.8 310.7 0.4 %935.9 914.0 2.4 %
Technology Enabled Products237.1 227.9 4.0 %720.5 658.8 9.4 %
Total$1,221.7 $1,096.3 11.4 %$3,596.0 $3,182.0 13.0 %
Operating profit *:
Application Software$259.8 $206.9 25.6 %$750.5 $601.3 24.8 %
Network Software166.0 164.4 1.0 %492.1 465.0 5.8 %
Technology Enabled Products141.1 137.1 2.9 %424.0 391.7 8.2 %
Total$566.9 $508.4 11.5 %$1,666.6 $1,458.0 14.3 %
Long-lived assets:
Application Software$197.0 $176.0 11.9 %
Network Software23.2 26.7 (13.1)%
Technology Enabled Products33.6 30.7 9.4 %
Total$253.8 $233.4 8.7 %

* Segment operating profit is before unallocated corporate general and administrative expenses and enterprise-wide stock-based compensation. These expenses were $70.3 and $62.3 for the three months ended September 30, 2024 and 2023, respectively, and $194.5 and $175.6 for the nine months ended September 30, 2024 and 2023, respectively.