Three Months Ended

Six Months Ended

June 30,

June 30,

2022

2021

2022

2021

Net income

$

55,673

$

45,627

$

112,061

$

102,633

Non-GAAP adjustments, prior to income taxes:

Amortization of purchased intangibles and developed technologies

13,671

5,781

26,599

10,464

Stock-based compensation

17,395

11,685

32,348

20,598

Deferred compensation plan

(12,159

)

195

(17,297

)

362

Acquisition expenses

3,856

13,954

17,853

23,210

Realignment expenses

3,194

—

3,194

—

Other (income) expense, net

(3,497

)

3,777

(14,138

)

(10,705

)

Total non-GAAP adjustments, prior to income taxes

22,460

35,392

48,559

43,929

Income tax effect of non-GAAP adjustments

(4,918

)

(8,385

)

(8,421

)

(10,244

)

Loss from investment accounted for using the equity method, net of tax

593

1,829

1,165

2,275

Adjusted Net Income

$

73,808

$

74,463

$

153,364

$

138,593