v3.26.1
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Statement of Comprehensive Income [Abstract]        
Net income $ 226,477 $ 155,055 $ 477,896 $ 208,047
Other comprehensive income/(loss), net of tax:        
Changes in unrealized gains/(losses) on available-for-sale securities [1],[2] (954) 9,016 (7,305) 29,830
Foreign currency translation adjustment [1] (1,087) 8,535 (4,136) 11,608
Total other comprehensive income/(loss), net of tax (2,041) 17,551 (11,441) 41,438
Total comprehensive income $ 224,436 $ 172,606 $ 466,455 $ 249,485
[1] Net of tax benefit of $0.7 million and tax expense of $6.7 million for the three months ended June 30, 2026 and 2025, respectively. Net of tax benefit of $3.5 million and tax expense of $13.8 million for the six months ended June 30, 2026 and 2025, respectively.
[2] There were no reclassifications to earnings for the six months ended June 30, 2026 and 2025.