v3.25.1
Segment and Geographic Area Information (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment The following table sets forth the Company's reported segment revenue, segment profit or loss, and significant segment expenses:
Three Months Ended
March 31,
20252024
(in thousands)
Revenues$159,899 $145,805 
Less: Significant segment expenses
Cost of revenues (exclusive of stock-based compensation and amortization of intangible assets)26,196 24,431 
Research and development (exclusive of stock-based compensation and amortization of intangible assets)24,050 22,202 
Sales and marketing (exclusive of stock-based compensation)29,460 25,669 
General and administrative (exclusive of stock-based compensation)8,978 8,939 
Add: Other segment items (1)317 (1,399)
Less: Stock-based compensation18,820 19,031 
Less: Amortization of intangible assets640 772 
Add: Interest income6,235 6,123 
Less: Income tax provision10,773 9,754 
Condensed consolidated net income$47,534 $39,731 

(1)Other segment items included in segment net income includes interest expense, realized and unrealized gain/loss on foreign exchange transactions.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas
Revenue by geographic area, based on the customer's billing address, is as follows:
Three Months Ended
March 31,
20252024
(in thousands)
United States$91,227 $86,436 
Foreign68,672 59,369 
Total revenues$159,899 $145,805 
The measure of segment assets is reported on the balance sheet as total consolidated assets. Long-lived assets, which consist of Property and equipment, net and Operating leases - right of use asset, by geographic area, are as follows:
March 31,
2025
December 31,
2024
(in thousands)
United States$46,947 $47,916 
India20,458 21,076 
Rest of world2,174 2,325 
Total long-lived assets$69,579 $71,317