v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Total revenues $ 712,236 $ 635,910
Operating costs    
Cost of revenue (excluding depreciation and amortization) 362,936 334,637
Sales and marketing 77,263 65,959
Product development 70,193 66,539
General and administrative 86,452 79,913
Depreciation and amortization 20,563 21,378
Generative AI Litigation Costs 4,212 4,397
Multiemployer pension plan liability adjustment 0 4,453
Total operating costs 621,619 577,276
Operating profit 90,617 58,634
Other components of net periodic benefit costs (3,582) (4,638)
Interest income and other, net 11,283 9,972
Income before income taxes 98,318 63,968
Income tax expense 10,396 14,417
Net income $ 87,922 $ 49,551
Average number of common shares outstanding:    
Basic (in shares) 162,040 163,779
Diluted (in shares) 163,699 164,908
Basic earnings per share attributable to common stockholders (in usd per share) $ 0.54 $ 0.30
Diluted earnings per share attributable to common stockholders (in usd per share) 0.54 0.30
Dividends declared per share (in usd per share) $ 0.23 $ 0.18
Subscription    
Revenues    
Total revenues $ 516,871 $ 464,257
Advertising    
Revenues    
Total revenues 126,824 108,076
Affiliate, licensing and other    
Revenues    
Total revenues $ 68,541 $ 63,577