v3.25.2
Segment Performance Measures and Expenses (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of segment reporting information, by segment
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