v3.26.1
Condensed Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
(Accumulated Deficit) Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Noncontrolling Interest
Balance at Dec. 31, 2024 $ 1,647,855 $ 1,742 $ 1,866,850 $ (222,155) $ 1,418  
Balance, shares at Dec. 31, 2024   174,245,990        
Net income (loss) [1] 57,467     57,750   $ (283)
Other comprehensive income (loss) , net of tax (5,748)       (5,748)  
Share-based compensation 38,483   38,483      
Exercise of stock options 9,062 $ 14 9,048      
Exercise of stock options, shares   1,320,135        
Issuance of common stock for settlement of RSUs   $ 17 (17)      
Issuance of common stock for settlement of RSUs, shares   1,701,546        
Tax effect of net share settlement of equity awards (4,512) $ (2) (4,510)      
Tax effect of net share settlement of equity awards, shares   (212,344)        
Balance at Jun. 30, 2025 1,742,607 $ 1,771 1,909,854 (164,405) (4,330) (283)
Balance, shares at Jun. 30, 2025   177,055,327        
Balance at Mar. 31, 2025 1,687,244 $ 1,752 1,880,099 (192,613) (1,869) (125)
Balance, shares at Mar. 31, 2025   175,183,434        
Net income (loss) [2] 28,050     28,208   (158)
Other comprehensive income (loss) , net of tax (2,461)       (2,461)  
Share-based compensation 22,802   22,802      
Exercise of stock options 8,717 $ 14 8,703      
Exercise of stock options, shares   1,283,882        
Issuance of common stock for settlement of RSUs   $ 6 (6)      
Issuance of common stock for settlement of RSUs, shares   649,010        
Tax effect of net share settlement of equity awards (1,745) $ (1) (1,744)      
Tax effect of net share settlement of equity awards, shares   (60,999)        
Balance at Jun. 30, 2025 1,742,607 $ 1,771 1,909,854 (164,405) (4,330) (283)
Balance, shares at Jun. 30, 2025   177,055,327        
Balance at Dec. 31, 2025 1,875,139 $ 1,921 1,954,482 (74,647) (6,691) 74
Balance, shares at Dec. 31, 2025   192,124,125        
Net income (loss) [1] 233,064     233,057   7
Other comprehensive income (loss) , net of tax 10,876       10,876  
Share-based compensation 23,169   23,169      
Exercise of stock options 32,415 $ 39 32,376      
Exercise of stock options, shares   3,940,023        
Issuance of common stock for settlement of RSUs   $ 16 (16)      
Issuance of common stock for settlement of RSUs, shares   1,572,874        
Tax effect of net share settlement of equity awards (6,607) $ (2) (6,605)      
Tax effect of net share settlement of equity awards, shares   (162,405)        
Conversion of tangible equity units into common stock   $ 25 (25)      
Conversion of tangible equity units into common stock, shares   2,526,146        
Share repurchase (120,000) $ (24)   (119,976)    
Share repurchase, shares   (2,491,272)        
Other 729   742     (13)
Balance at Jun. 30, 2026 2,048,785 $ 1,975 2,004,123 38,434 4,185 68
Balance, shares at Jun. 30, 2026   197,509,491        
Balance at Mar. 31, 2026 1,979,381 $ 1,932 1,964,516 14,135 (1,265) 63
Balance, shares at Mar. 31, 2026   193,209,722        
Net income (loss) [2] 84,295     84,290   5
Other comprehensive income (loss) , net of tax 5,450       5,450  
Share-based compensation 19,493   19,493      
Exercise of stock options 20,323 $ 25 20,298      
Exercise of stock options, shares   2,562,315        
Issuance of common stock for settlement of RSUs   $ 3 (3)      
Issuance of common stock for settlement of RSUs, shares   256,489        
Tax effect of net share settlement of equity awards (899) $ (1) (898)      
Tax effect of net share settlement of equity awards, shares   (18,716)        
Conversion of tangible equity units into common stock   $ 25 (25)      
Conversion of tangible equity units into common stock, shares   2,526,146        
Share repurchase (60,000) $ (9)   (59,991)    
Share repurchase, shares   (1,026,465)        
Other 742   742      
Balance at Jun. 30, 2026 $ 2,048,785 $ 1,975 $ 2,004,123 $ 38,434 $ 4,185 $ 68
Balance, shares at Jun. 30, 2026   197,509,491        
[1] Net income (loss) to the Company for the six months ended June 30, 2026 and 2025 excludes ($245) and $(915), respectively, allocable to the redeemable noncontrolling interests for our joint venture arrangements.
[2] Net income (loss) to the Company for the three months ended June 30, 2026 and 2025 excludes ($86) and $(508), respectively, allocable to the redeemable noncontrolling interests for our joint venture arrangements.