v3.25.2
Consolidated Statements of Changes in Stockholders’ Deficit (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Beginning balance (in shares) at Dec. 31, 2023   119,069      
Beginning balance at Dec. 31, 2023 $ (543,715) $ 119 $ 1,081,026 $ (1,357,390) $ (267,470)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation (in shares) [1]   9      
Stock-based compensation [1] 152,551   152,551    
Exercise of vested options (in shares)   119      
Exercise of vested options 2,735   2,735    
Vesting of restricted stock units, net of shares withheld (in shares)   695      
Vesting of restricted stock units, net of shares withheld (33,017) $ 1 (33,018)    
Stock repurchase (in shares)   (4,577)      
Stock repurchase (311,266) $ (5)   (311,261)  
Other comprehensive income (loss) (18,293)       (18,293)
Net income (loss) 116,009     116,009  
Ending balance (in shares) at Jun. 30, 2024   115,315      
Ending balance at Jun. 30, 2024 (634,996) $ 115 1,203,294 (1,552,642) (285,763)
Beginning balance (in shares) at Mar. 31, 2024   117,064      
Beginning balance at Mar. 31, 2024 (583,761) $ 117 1,151,846 (1,454,137) (281,587)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation 78,213   78,213    
Exercise of vested options (in shares)   17      
Exercise of vested options 483   483    
Vesting of restricted stock units, net of shares withheld (in shares)   589      
Vesting of restricted stock units, net of shares withheld (27,247) $ 1 (27,248)    
Stock repurchase (in shares)   (2,355)      
Stock repurchase (151,513) $ (3)   (151,510)  
Other comprehensive income (loss) (4,176)       (4,176)
Net income (loss) 53,005     53,005  
Ending balance (in shares) at Jun. 30, 2024   115,315      
Ending balance at Jun. 30, 2024 $ (634,996) $ 115 1,203,294 (1,552,642) (285,763)
Beginning balance (in shares) at Dec. 31, 2024 108,540 108,540      
Beginning balance at Dec. 31, 2024 $ (758,866) $ 109 1,322,809 (1,784,037) (297,747)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock repurchase (in shares) (3,717)        
Ending balance (in shares) at Mar. 31, 2025   105,126      
Ending balance at Mar. 31, 2025 $ (910,299) $ 105 1,385,110 (2,027,047) (268,467)
Beginning balance (in shares) at Dec. 31, 2024 108,540 108,540      
Beginning balance at Dec. 31, 2024 $ (758,866) $ 109 1,322,809 (1,784,037) (297,747)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation 131,643   131,643    
Exercise of vested options (in shares)   318      
Exercise of vested options 5,654   5,654    
Vesting of restricted stock units, net of shares withheld (in shares)   826      
Vesting of restricted stock units, net of shares withheld $ (28,951) $ 1 (28,952)    
Stock repurchase (in shares) (10,076) (10,076)      
Stock repurchase $ (528,560) $ (10)   (528,550)  
Other comprehensive income (loss) 77,766       77,766
Net income (loss) $ (23,256)     (23,256)  
Ending balance (in shares) at Jun. 30, 2025 99,608 99,608      
Ending balance at Jun. 30, 2025 $ (1,124,570) $ 100 1,431,154 (2,335,843) (219,981)
Beginning balance (in shares) at Mar. 31, 2025   105,126      
Beginning balance at Mar. 31, 2025 (910,299) $ 105 1,385,110 (2,027,047) (268,467)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation 64,419   64,419    
Exercise of vested options (in shares)   219      
Exercise of vested options 2,709   2,709    
Vesting of restricted stock units, net of shares withheld (in shares)   622      
Vesting of restricted stock units, net of shares withheld $ (21,083) $ 1 (21,084)    
Stock repurchase (in shares) (6,359) (6,359)      
Stock repurchase $ (337,642) $ (6)   (337,636)  
Other comprehensive income (loss) 48,486       48,486
Net income (loss) $ 28,840     28,840  
Ending balance (in shares) at Jun. 30, 2025 99,608 99,608      
Ending balance at Jun. 30, 2025 $ (1,124,570) $ 100 $ 1,431,154 $ (2,335,843) $ (219,981)
[1] Includes the partial payments of Depop deferred consideration.