v3.25.2
Segment and Geographic Information (Tables)
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Reconciliation of Operating Income to AOI Less SBC
Reconciliation of operating income to AOI less SBC:
Three Months EndedSix Months Ended
June 30,June 30,
2025202420252024
Operating income
$84,430 $80,177 $199,614 $172,108 
Amortization of purchased intangibles (see Note 6)
11,405 11,521 22,849 23,711 
Deferred compensation plan
7,584 883 6,338 6,682 
Acquisition expenses (1)
1,804 1,969 2,642 4,328 
Realignment expenses (2)
— 743 — 809 
AOI less SBC
$105,223 $95,293 $231,443 $207,638 
Further explanation of certain of the Company’s adjustments in arriving at AOI less SBC are as follows:
(1)Acquisition expenses. The Company incurs expenses for professional services rendered in connection with business combinations, which are recorded in General and administrative in the consolidated statements of operations. Also included in the Company’s acquisition expenses are retention incentives paid to executives of the acquired companies.
(2)Realignment expenses. For the three and six months ended June 30, 2024, Realignment expenses were primarily associated with a strategic realignment program, which the Company initiated during the fourth quarter of 2023 (the “2023 Program”).
Schedule of Long-lived Assets by Geographic Areas Long‑lived assets (other than goodwill), net of depreciation and amortization by geographic region (see Notes 5, 6, and 8) are as follows:
June 30, 2025December 31, 2024
Americas (1)
$209,143 $230,964 
EMEA33,654 32,712 
APAC15,804 16,384 
Total long-lived assets$258,601 $280,060 
(1)Americas includes the U.S., Canada, and Latin America (including the Caribbean).