v3.26.1
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Treasury Stock
Additional Paid-In Capital
(Accumulated Deficit) Retained Earnings
Beginning balance (in shares) at Dec. 31, 2024   44,936      
Beginning balance at Dec. 31, 2024 $ 824,550 $ 4 $ 0 $ 950,393 $ (125,847)
Beginning balance (in shares) at Dec. 31, 2024     0    
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Stock-based compensation expense 65,610     65,610  
Stock options exercised (in shares)   438      
Stock options exercised 6,955     6,955  
Release of restricted stock units (in shares)   413      
Net income 79,916       79,916
Ending balance (in shares) at Jun. 30, 2025   45,787      
Ending balance at Jun. 30, 2025 977,031 $ 4 $ 0 1,022,958 (45,931)
Ending balance (in shares) at Jun. 30, 2025     0    
Beginning balance (in shares) at Mar. 31, 2025   45,416      
Beginning balance at Mar. 31, 2025 893,826 $ 4 $ 0 984,534 (90,712)
Beginning balance (in shares) at Mar. 31, 2025     0    
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Stock-based compensation expense 34,592     34,592  
Stock options exercised (in shares)   162      
Stock options exercised 3,832     3,832  
Release of restricted stock units (in shares)   209      
Net income 44,781       44,781
Ending balance (in shares) at Jun. 30, 2025   45,787      
Ending balance at Jun. 30, 2025 977,031 $ 4 $ 0 1,022,958 (45,931)
Ending balance (in shares) at Jun. 30, 2025     0    
Beginning balance (in shares) at Dec. 31, 2025   46,628      
Beginning balance at Dec. 31, 2025 $ 1,347,006 $ 5 $ 0 1,058,783 288,218
Beginning balance (in shares) at Dec. 31, 2025 0   0    
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Stock-based compensation expense $ 72,857     72,857  
Release of performance stock units (in shares)   360      
Taxes paid related to net-share settlements of share-based compensation awards ( in shares)   (171)      
Taxes paid related to net-share settlement of share-based compensation awards $ (18,799)     (18,799)  
Stock options exercised (in shares) 223 223      
Stock options exercised $ 2,338     2,338  
Release of restricted stock units (in shares)   379      
Repurchases of common stock (in shares) (695)   (695)    
Repurchases of common stock $ (70,278)   $ (70,278)    
Retirement of treasury stock (in shares) (683) (683) 683    
Retirement of treasury stock $ 0   $ 68,853 (68,853)  
Net income 76,618       76,618
Ending balance (in shares) at Jun. 30, 2026   46,736      
Ending balance at Jun. 30, 2026 $ 1,409,742 $ 5 $ (1,425) 1,046,326 364,836
Ending balance (in shares) at Jun. 30, 2026 (12)   (12)    
Beginning balance (in shares) at Mar. 31, 2026   46,889      
Beginning balance at Mar. 31, 2026 $ 1,391,764 $ 5 $ (4,499) 1,064,580 331,678
Beginning balance (in shares) at Mar. 31, 2026     (46)    
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Stock-based compensation expense 38,210     38,210  
Release of performance stock units (in shares)   180      
Taxes paid related to net-share settlements of share-based compensation awards ( in shares)   (87)      
Taxes paid related to net-share settlement of share-based compensation awards (9,358)     (9,358)  
Stock options exercised (in shares)   33      
Stock options exercised $ 416     416  
Release of restricted stock units (in shares)   188      
Repurchases of common stock (in shares) (432)   (433)    
Repurchases of common stock $ (44,448)   $ (44,448)    
Retirement of treasury stock (in shares) (467) (467) 467    
Retirement of treasury stock $ 0   $ 47,522 (47,522)  
Net income 33,158       33,158
Ending balance (in shares) at Jun. 30, 2026   46,736      
Ending balance at Jun. 30, 2026 $ 1,409,742 $ 5 $ (1,425) $ 1,046,326 $ 364,836
Ending balance (in shares) at Jun. 30, 2026 (12)   (12)