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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Net income $ 181,340 $ 132,496
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 41,686 42,774
Amortization of right-of-use asset 5,413 4,665
Stock-based compensation expense 39,262 35,156
Multiemployer pension plan liability adjustments 9,219 4,453
Change in long-term retirement benefit obligations (7,205) (5,063)
Other – net (1,406) 1,067
Changes in operating assets and liabilities:    
Accounts receivable – net 54,797 38,452
Other assets 1,232 29,271
Accounts payable, accrued payroll and other liabilities (41,811) (75,334)
Unexpired subscriptions 3,587 2,930
Other noncurrent assets and liabilities 386 1,859
Net cash provided by operating activities 286,500 212,726
Cash flows from investing activities    
Purchases of marketable securities (301,109) (300,360)
Maturities of marketable securities 224,755 260,305
Capital expenditures (20,834) (19,573)
Other – net 453 7,546
Net cash used in investing activities (96,735) (52,082)
Cash flows from financing activities    
Dividends paid (67,574) (51,670)
Capital shares:    
Repurchases (91,780) (82,561)
Share-based compensation tax withholding (53,495) (27,520)
Net cash used in financing activities (212,849) (161,751)
Net decrease in cash, cash equivalents and restricted cash (23,084) (1,107)
Effect of exchange rate changes on cash (858) 207
Cash, cash equivalents and restricted cash at the beginning of the period 270,461 213,857
Cash, cash equivalents and restricted cash at the end of the period $ 246,519 $ 212,957