Condensed Consolidated Statements of Operations - USD ($) $ in Thousands |
3 Months Ended | |
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Mar. 31, 2025 |
Mar. 31, 2024 |
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Income Statement [Abstract] | ||
Net revenue | $ 911,255 | $ 1,006,709 |
Operating costs and expenses: | ||
Cost of revenue | 638,667 | 689,260 |
Research and development | 36,809 | 45,314 |
Selling, general and administrative | 86,026 | 88,046 |
Amortization of intangible assets | 20,577 | 38,515 |
Restructuring and other charges, net | 6,980 | 782 |
Total operating costs and expenses | 789,059 | 861,917 |
Operating income | 122,196 | 144,792 |
Interest expense | (37,973) | (38,395) |
Interest income | 4,290 | 3,738 |
Other, net | 2,128 | (11,544) |
Income before taxes | 90,641 | 98,591 |
Provision for income taxes | 20,722 | 22,570 |
Net income | $ 69,919 | $ 76,021 |
Basic net income per share (in dollars per share) | $ 0.47 | $ 0.51 |
Diluted net income per share (in dollars per share) | $ 0.47 | $ 0.50 |
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- Definition Includes currency remeasurement gains or losses on net monetary assets, gains or losses on commodity forward contracts, gains or losses on foreign currency forward contracts, losses on debt financing, and other income and expense not otherwise classified on the income statement. No definition available.
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- Definition Aggregate amount charged against earnings and excluded from the Company’s segment profit measure, including incurred and estimated costs associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan (excluding asset retirement obligations), severance charges not associated with a larger plan, and other isolated charges. Represents charges identified on the statements of operations as "Restructuring and Other Charges, Net". No definition available.
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of expense for research and development. Includes, but is not limited to, cost for computer software product to be sold, leased, or otherwise marketed and writeoff of research and development assets acquired in transaction other than business combination or joint venture formation or both. Excludes write-down of intangible asset acquired in business combination or from joint venture formation or both, used in research and development activity. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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