v3.26.1
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Statement of Comprehensive Income [Abstract]    
Net income $ 251,419 $ 52,992
Other comprehensive income/(loss), net of tax:    
Changes in unrealized gains/(losses) on available-for-sale securities (6,351) 20,814 [1],[2]
Foreign currency translation adjustment (3,049) 3,073 [1]
Total other comprehensive income/(loss), net of tax (9,400) 23,887
Total comprehensive income $ 242,019 $ 76,879
[1] Net of tax benefit of $2.8 million and tax expense of $4.7 million for the three months ended March 31, 2026 and 2025, respectively.
[2] There were no reclassifications to earnings for the three months ended March 31, 2026 and 2025.