v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive (Loss)
Beginning balance (in shares) at Dec. 31, 2024   56,475        
Beginning balance at Dec. 31, 2024 $ 1,835,732 $ 110 $ (2,453,473) $ 859,904 $ 3,561,836 $ (132,645)
Beginning balance (in shares) at Dec. 31, 2024     53,930      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 20,036     20,036    
Exercises of stock options, issuance of restricted stock awards, and vests of restricted stock units, net of shares withheld for taxes (in shares)   236 41      
Exercises of stock options, issuance of restricted stock awards, and vests of restricted stock units, net of shares withheld for taxes (4,103) $ 1 $ (4,104)      
Repurchases of common stock, including excise tax (in shares)   (1,910) (1,910)      
Repurchases of common stock, including excise tax (195,846) $ (194,100) $ (195,846)      
Net income (loss) (332,179)       (332,179)  
Other comprehensive income (loss) 97,497         97,497
Ending balance (in shares) at Jun. 30, 2025   54,801        
Ending balance at Jun. 30, 2025 1,421,137 $ 111 $ (2,653,423) 879,940 3,229,657 (35,148)
Ending balance (in shares) at Jun. 30, 2025     55,881      
Beginning balance (in shares) at Mar. 31, 2025   56,057        
Beginning balance at Mar. 31, 2025 1,969,593 $ 111 $ (2,518,065) 868,681 3,721,939 (103,073)
Beginning balance (in shares) at Mar. 31, 2025     54,570      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 11,259     11,259    
Exercises of stock options, issuance of restricted stock awards, and vests of restricted stock units, net of shares withheld for taxes (in shares)   47 8      
Exercises of stock options, issuance of restricted stock awards, and vests of restricted stock units, net of shares withheld for taxes (794)   $ (794)      
Repurchases of common stock, including excise tax (in shares)   (1,303) (1,303)      
Repurchases of common stock, including excise tax (134,564) $ (133,200) $ (134,564)      
Net income (loss) (492,282)       (492,282)  
Other comprehensive income (loss) 67,925         67,925
Ending balance (in shares) at Jun. 30, 2025   54,801        
Ending balance at Jun. 30, 2025 $ 1,421,137 $ 111 $ (2,653,423) 879,940 3,229,657 (35,148)
Ending balance (in shares) at Jun. 30, 2025     55,881      
Beginning balance (in shares) at Dec. 31, 2025 50,200 50,220        
Beginning balance at Dec. 31, 2025 $ 1,293,283 $ 111 $ (3,040,416) 896,605 3,480,638 (43,655)
Beginning balance (in shares) at Dec. 31, 2025 60,500   60,481      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation $ 24,852     24,852    
Exercises of stock options, issuance of restricted stock awards, and vests of restricted stock units, net of shares withheld for taxes (in shares)   261 38      
Exercises of stock options, issuance of restricted stock awards, and vests of restricted stock units, net of shares withheld for taxes (3,238)   $ (3,238)      
Repurchases of common stock, including excise tax (in shares)   (2,345) 2,345      
Repurchases of common stock, including excise tax (252,895)   $ (252,895)      
Repurchases of common stock, including excise tax (in shares)   (2,300)        
Repurchases of common stock, including excise tax   $ (250,600)        
Net income (loss) 342,443       342,443  
Other comprehensive income (loss) $ (19,771)         (19,771)
Ending balance (in shares) at Jun. 30, 2026 48,100 48,136        
Ending balance at Jun. 30, 2026 $ 1,384,674 $ 111 $ (3,296,549) 921,457 3,823,081 (63,426)
Ending balance (in shares) at Jun. 30, 2026 62,900   62,864      
Beginning balance (in shares) at Mar. 31, 2026   50,445        
Beginning balance at Mar. 31, 2026 $ 1,427,390 $ 111 $ (3,042,686) 907,212 3,618,194 (55,441)
Beginning balance (in shares) at Mar. 31, 2026     60,511      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Share-based compensation 14,245     14,245    
Exercises of stock options, issuance of restricted stock awards, and vests of restricted stock units, net of shares withheld for taxes (in shares)   36 8      
Exercises of stock options, issuance of restricted stock awards, and vests of restricted stock units, net of shares withheld for taxes (783)   $ (783)      
Repurchases of common stock, including excise tax (in shares)   (2,345) 2,345      
Repurchases of common stock, including excise tax (253,080) $ (250,600) $ (253,080)      
Net income (loss) 204,887       204,887  
Other comprehensive income (loss) $ (7,985)         (7,985)
Ending balance (in shares) at Jun. 30, 2026 48,100 48,136        
Ending balance at Jun. 30, 2026 $ 1,384,674 $ 111 $ (3,296,549) $ 921,457 $ 3,823,081 $ (63,426)
Ending balance (in shares) at Jun. 30, 2026 62,900   62,864