Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2025

Investments, All Other Investments [Abstract]

The following tables summarize our cash, cash equivalents and marketable securities balances in our Condensed Consolidated Balance Sheets as of March 31, 2025 and Consolidated Balance Sheets as of December 31, 2024 (in thousands):


									Reported as:
March 31, 2025	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Cash and Cash Equivalents		Marketable securities, short-term		Marketable securities, long-term
Cash	$	757,327	$	—	$	—	$	757,327	$	757,327	$	—	$	—
Money market funds	100,608		—		—		100,608		100,608		—		—
Certificate of deposits	15,077		—		—		15,077		15,077		—		—





Total	$	873,012	$	—	$	—	$	873,012	$	873,012	$	—	$	—


									Reported as:
December 31, 2024	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value		Cash and Cash Equivalents		Marketable securities, short-term		Marketable securities, long-term
Cash	$	752,423	$	—	$	—	$	752,423	$	752,423	$	—	$	—
Money market funds	291,464		—		—		291,464		291,464		—		—






Total	$	1,043,887	$	—	$	—	$	1,043,887	$	1,043,887	$	—	$	—

Financial Assets Measured At Fair Value On A Recurring Basis

The following tables summarize our financial assets measured at fair value as of March 31, 2025 and December 31, 2024 (in thousands):


Description	Balance as of March 31, 2025		Level 1		Level 2
Cash equivalents:
Money market funds	$	100,608	$	100,608	$	—
Certificate of deposits	15,077		15,077		—














	$	115,685	$	115,685	$	—


Description	Balance as of December 31, 2024		Level 1		Level 2
Cash equivalents:
Money market funds	$	291,464	$	291,464	$	—














	$	291,464	$	291,464	$	—

Schedule of Notional Amounts of Outstanding Derivative Positions

The following tables present the gross notional value of all our foreign exchange forward contracts outstanding as of March 31, 2025 and December 31, 2024 (in thousands):


	March 31, 2025
	Local Currency Amount	Notional Contract Amount (USD)
Euro	€166,020	$	179,590
Canadian Dollar	C$95,300	66,393
Polish Zloty	PLN199,200	51,328
British Pound	£34,500	44,598
Chinese Yuan	¥260,000	35,862
Japanese Yen	¥3,300,000	22,105
Israeli Shekel	ILS80,600	21,646
Brazilian Real	R$101,800	17,605
Swiss Franc	CHF9,300	10,567
Australian Dollar	A$5,400	3,369
Czech Koruna	Kč76,800	3,321
New Taiwan Dollar	NT$66,000	1,991
New Zealand Dollar	NZ$3,000	1,700

Korean Won	₩2,430,000	1,654
		$	461,729


	December 31, 2024
	Local Currency Amount	Notional Contract Amount (USD)
Euro	€176,080	$	183,172
Polish Zloty	PLN283,000	68,633
Canadian Dollar	C$97,000	67,446
British Pound	£37,600	47,090
Israeli Shekel	ILS90,055	24,740
Chinese Yuan	¥164,500	22,417
Brazilian Real	R$83,100	13,327
Japanese Yen	¥2,000,000	12,778
Swiss Franc	CHF5,700	6,314
New Zealand Dollar	NZ$7,000	3,924
Czech Koruna	Kč72,800	3,004
Australian Dollar	A$3,800	2,355
New Taiwan Dollar	NT$58,700	1,786
Korean Won	₩2,000,000	1,361

		$	458,347