v3.25.2
Segment Performance Measures and Expenses
 6 Months Ended
Jun. 30, 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 June 30,Six Months Ended June 30,
 2025202420252024
Revenue$300,596 $223,493 $511,103 $487,035 
Less:
Departmental expenses (a)
49,355 44,485 90,692 88,951 
Depreciation and amortization19,465 17,376 37,678 34,616 
Intellectual property enforcement11,963 15,345 18,941 35,089 
Share-based compensation11,836 9,655 21,334 19,041 
Revenue share costs2,550 2,726 5,199 71,694 
Other non-operating (income) expense, net (b)
(5,607)(199)(5,994)2,476 
Income tax provision30,466 24,441 47,083 43,852 
Net income$180,568 $109,664 $296,170 $191,316 
(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