Item 6. Selected Financial Data
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Item 6. Selected Financial Data
The following selected consolidated financial data set forth below was derived from our historical audited consolidated financial statements and should be read in conjunction with the section titled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Financial Statements and Supplementary Data,” and other financial data included elsewhere in this Annual Report on Form 10-K. Our historical results of operations are not indicative of our future results of operations.
| Year Ended December 31, | |||||||||||||||||||
| 2019 | 2018 | 2017 | 2016 | 2015 | |||||||||||||||
| (in millions, except per share amounts) | |||||||||||||||||||
| Consolidated Statements of Income Data: | |||||||||||||||||||
| Total revenue | $ | 2,156.2 | $ | 1,801.2 | $ | 1,494.9 | $ | 1,275.4 | $ | 1,009.3 | |||||||||
| Total gross profit | $ | 1,650.3 | $ | 1,350.8 | $ | 1,109.6 | $ | 937.6 | $ | 722.5 | |||||||||
| Operating income | $ | 344.2 | $ | 231.0 | $ | 109.8 | $ | 42.9 | $ | 14.9 | |||||||||
| Net income | $ | 326.5 | $ | 332.2 | $ | 31.4 | $ | 32.2 | $ | 8.0 | |||||||||
| Net income per share: | |||||||||||||||||||
| Basic | $ | 1.91 | $ | 1.96 | $ | 0.18 | $ | 0.19 | $ | 0.05 | |||||||||
| Diluted | $ | 1.87 | $ | 1.91 | $ | 0.18 | $ | 0.18 | $ | 0.05 | |||||||||
| Weighted-average shares outstanding: | |||||||||||||||||||
| Basic | 171.0 | 169.1 | 174.3 | 172.6 | 170.4 | ||||||||||||||
| Diluted | 175.0 | 174.2 | 178.1 | 176.3 | 176.1 |
| As of December 31, | |||||||||||||||||||
| 2019 | 2018 | 2017 | 2016 | 2015 | |||||||||||||||
| (in millions) | |||||||||||||||||||
| Consolidated Balance Sheet Data: | |||||||||||||||||||
| Cash, cash equivalents and investments | $ | 2,209.9 | $ | 1,716.6 | $ | 1,349.3 | $ | 1,310.5 | $ | 1,164.3 | |||||||||
| Total assets | $ | 3,885.5 | $ | 3,078.0 | $ | 2,257.9 | $ | 2,139.9 | $ | 1,790.5 | |||||||||
| Total stockholders’ equity | $ | 1,321.9 | $ | 1,010.2 | $ | 589.4 | $ | 837.7 | $ | 755.4 |
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