|
RECONCILIATION OF OPERATING EXPENSES TO NON-GAAP OPERATING EXPENSES
(Unaudited, in thousands) | ||||||||||||||||
|
Three Months Ended
December 31, |
Year Ended December
31, | |||||||||||||||
| 2023 | 2022 | 2023 | 2022 | |||||||||||||
| Total operating expenses | $ | 141,554 | $ | 130,917 | $ | 539,383 | $ | 521,767 | ||||||||
| Adjustments to reconcile total operating expenses to non-GAAP total operating expenses: | ||||||||||||||||
| Stock-based compensation expense | (39,879 | ) | (34,239 | ) | (145,166 | ) | (156,271 | ) | ||||||||
| Amortization of purchased intangible assets | (33 | ) | (33 | ) | (132 | ) | (132 | ) | ||||||||
| Deferred compensation plan income (expense) | (4,897 | ) | (1,851 | ) | (8,690 | ) | 7,060 | |||||||||
| Non-GAAP operating expenses | $ | 96,745 | $ | 94,794 | $ | 385,395 | $ | 372,424 | ||||||||
|
RECONCILIATION OF OPERATING INCOME TO NON-GAAP OPERATING INCOME
(Unaudited, in thousands) | ||||||||||||||||
|
Three Months Ended
December 31, |
Year Ended December
31, | |||||||||||||||
| 2023 | 2022 | 2023 | 2022 | |||||||||||||
| Total operating income | $ | 109,569 | $ | 136,892 | $ | 481,736 | $ | 526,785 | ||||||||
| Adjustments to reconcile total operating income to non-GAAP total operating income: | ||||||||||||||||
| Stock-based compensation expense | 41,107 | 35,269 | 149,711 | 160,992 | ||||||||||||
| Amortization of purchased intangible assets | 33 | 33 | 132 | 132 | ||||||||||||
| Deferred compensation plan expense (income) | 5,383 | 1,946 | 9,561 | (7,011 | ) | |||||||||||
| Non-GAAP operating income | $ | 156,092 | $ | 174,140 | $ | 641,140 | $ | 680,898 | ||||||||
