Share-Based Compensation (Tables)
|
3 Months Ended |
Mar. 31, 2025 |
|---|
| Share-Based Payment Arrangement [Abstract] |
|
| Summary of Performance-Based Stock Option Activity |
Performance-based stock option activity was as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares |
|
|
Weighted
Average
Exercise
Price
(per share) |
|
|
Weighted
Average
Remaining
Contractual
Term
(in years) |
|
|
Aggregate
Intrinsic
Value
(in millions) |
|
Outstanding at December 31, 2024 |
|
|
1,729,781 |
|
|
$ |
65.26 |
|
|
|
5.4 |
|
|
$ |
12.8 |
|
Granted |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Exercised |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Forfeited or expired |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Outstanding at March 31, 2025 |
|
|
1,729,781 |
|
|
$ |
65.26 |
|
|
|
5.1 |
|
|
$ |
— |
|
Exercisable at March 31, 2025 |
|
|
979,781 |
|
|
$ |
65.26 |
|
|
|
5.1 |
|
|
$ |
— |
|
|
| Summary of Performance Stock Units |
PSU activity was as follows:
|
|
|
|
|
|
|
Shares |
|
Outstanding at December 31, 2024 |
|
|
1,091,885 |
|
Granted |
|
|
576,401 |
|
Vested and released |
|
|
(451,070 |
) |
Forfeited or canceled |
|
|
(75,664 |
) |
Outstanding at March 31, 2025 |
|
|
1,141,552 |
|
Releasable at March 31, 2025 |
|
|
— |
|
|
| Summary of Restricted Stock Units Activity |
RSU activity was as follows:
|
|
|
|
|
|
|
Shares |
|
Outstanding at December 31, 2024 |
|
|
4,110,131 |
|
Granted |
|
|
2,493,697 |
|
Vested and released |
|
|
(1,246,400 |
) |
Forfeited or canceled |
|
|
(70,901 |
) |
Outstanding at March 31, 2025 |
|
|
5,286,527 |
|
Releasable at March 31, 2025 |
|
|
— |
|
|
| Summary of Term-Based Stock Option Activity |
Term-based stock option activity was as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares |
|
|
Weighted
Average
Exercise
Price
(per share) |
|
|
Weighted
Average
Remaining
Contractual
Term
(in years) |
|
|
Aggregate
Intrinsic
Value
(in millions) |
|
Outstanding at December 31, 2024 |
|
|
4,477,645 |
|
|
$ |
56.53 |
|
|
|
4.7 |
|
|
$ |
79.7 |
|
Granted |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Exercised |
|
|
(19,378 |
) |
|
|
(41.64 |
) |
|
|
— |
|
|
|
— |
|
Forfeited or expired |
|
|
(3,375 |
) |
|
|
(68.46 |
) |
|
|
— |
|
|
|
— |
|
Outstanding at March 31, 2025 |
|
|
4,454,892 |
|
|
$ |
56.59 |
|
|
|
4.5 |
|
|
$ |
32.7 |
|
Exercisable at March 31, 2025 |
|
|
4,374,166 |
|
|
$ |
56.03 |
|
|
|
4.5 |
|
|
$ |
32.7 |
|
|
| Summary of Global Employee Stock Purchase Plan Activity |
Our GESPP activity was as follows:
|
|
|
|
|
|
|
|
|
Period Ended |
|
Shares Issued |
|
|
Purchase Price
(per share) |
|
March 31, 2025 |
|
|
69,467 |
|
|
$ |
49.58 |
|
|