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RECONCILIATION OF OPERATING INCOME TO NON-GAAP OPERATING INCOME
(Unaudited, in thousands) | |||||||
| Three Months Ended March 31, | |||||||
| 2024 | 2023 | ||||||
| Total operating income | $ | 95,487 | $ | 124,276 | |||
| Adjustments to reconcile total operating income to non-GAAP total operating income: | |||||||
| Stock-based compensation and related expenses* | 51,769 | 37,009 | |||||
| Amortization of acquisition-related intangible assets | 291 | 33 | |||||
| Deferred compensation plan expense | 4,066 | 2,785 | |||||
| Non-GAAP operating income | $ | 151,613 | $ | 164,103 | |||
*Prior period excludes stock-based compensation related employer payroll taxes from non-GAAP measures due to immateriality.
|
RECONCILIATION OF OTHER INCOME, NET, TO NON-GAAP OTHER INCOME, NET
(Unaudited, in thousands) | |||||||
| Three Months Ended March 31, | |||||||
| 2024 | 2023 | ||||||
| Total other income, net | $ | 9,540 | $ | 5,297 | |||
| Adjustments to reconcile other income, net to non-GAAP other income, net: | |||||||
| Deferred compensation plan income | (4,019 | ) | (2,534 | ) | |||
| Non-GAAP other income, net | $ | 5,521 | $ | 2,763 | |||
