v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Net revenue $ 990.6 $ 943.4 $ 1,925.4 $ 1,854.6
Operating costs and expenses:        
Cost of revenue 688.8 657.1 1,337.3 1,295.8
Research and development 31.9 32.6 63.8 69.4
Selling, general and administrative 90.5 87.8 183.9 173.9
Amortization of intangible assets 15.7 21.2 31.5 41.8
Restructuring and other charges, net (1.7) 6.6 2.0 13.6
Total operating costs and expenses 825.3 805.3 1,618.4 1,594.4
Operating income 165.4 138.1 307.0 260.3
Interest expense (32.8) (37.7) (66.9) (75.7)
Interest income 3.6 4.5 7.5 8.8
Other, net (3.6) 0.9 0.4 3.1
Income before taxes 132.5 105.8 248.0 196.4
Provision for income taxes 30.3 45.1 58.8 65.8
Net income $ 102.1 $ 60.7 $ 189.2 $ 130.6
Basic net income per share (in dollars per share) $ 0.70 $ 0.41 $ 1.30 $ 0.89
Diluted net income per share (in dollars per share) $ 0.70 $ 0.41 $ 1.29 $ 0.88