v3.25.1
Segment Performance Measures and Expenses
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
SEGMENT PERFORMANCE MEASURES AND EXPENSES SEGMENT PERFORMANCE MEASURES AND EXPENSES
Our chief operating decision maker (“CODM”), who is our Chief Executive Officer, assesses company-wide performance and allocates resources based on consolidated financial information. Consequently, we view the entire organization as one reportable segment and the strategic purpose of all operating activities is to support that one segment. Our CODM evaluates company-wide performance based on multiple performance measures, including, but not limited to, net income. Our CODM does not generally evaluate our performance using asset or historical cash flow information.
The table below provides the calculation of net income, which is the performance measure that is most consistent with GAAP, and the significant operating expenses included in this performance measure (in thousands):

 Three Months Ended March 31,
 20252024
Revenue$210,507 $263,542 
Less:
Departmental expenses (a)
41,337 44,466 
Depreciation and amortization18,213 17,240 
Intellectual property enforcement6,978 19,744 
Share-based compensation9,498 9,386 
Revenue share costs2,649 68,968 
Other non-operating (income) expense, net (b)
(387)2,675 
Income tax provision16,617 19,411 
Net income$115,602 $81,652 
(a) Includes personnel-costs, consulting costs, outside services, administrative costs, and other operating expenses.
(b) Includes interest income, interest expense, and other non-operating income and expenses