v3.26.1
Condensed Consolidated Statements of Changes in Common Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Balance, beginning of period at Dec. 31, 2024   $ 168 $ (968,246) $ 1,246,826 $ 4,695,348 $ (350,238)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock under incentive and benefit plans   2   1,838    
Equity awards and common stock issued due to Inigo acquisition   0   0    
Repurchases of common stock under incentive plans     (20,518)      
Share-based compensation       32,702    
Shares repurchased under share repurchase program, net of excise tax (Note 14)   (13)   (433,967)    
Net income $ 286,354       286,354  
Dividends and dividend equivalents declared         (74,872)  
Net unrealized gains (losses) on investments, net of tax 77,072         77,252 [1]
Other adjustments to other comprehensive income (loss)           45
Balance, end of period at Jun. 30, 2025 4,492,681 157 (988,764) 847,399 4,906,830 (272,941)
Balance, beginning of period at Mar. 31, 2025   162 (969,396) 1,048,738 4,802,038 (294,716)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock under incentive and benefit plans   2   668    
Equity awards and common stock issued due to Inigo acquisition   0   0    
Repurchases of common stock under incentive plans     (19,368)      
Share-based compensation       22,816    
Shares repurchased under share repurchase program, net of excise tax (Note 14)   (7)   (224,823)    
Net income 141,796       141,796  
Dividends and dividend equivalents declared         (37,004)  
Net unrealized gains (losses) on investments, net of tax 21,690         21,775 [1]
Other adjustments to other comprehensive income (loss)           0
Balance, end of period at Jun. 30, 2025 4,492,681 157 (988,764) 847,399 4,906,830 (272,941)
Balance, beginning of period at Dec. 31, 2025 4,781,514 157 (989,745) 861,211 5,132,050 (222,159)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock under incentive and benefit plans   2   1,845    
Equity awards and common stock issued due to Inigo acquisition   1   23,765    
Repurchases of common stock under incentive plans     (19,956)      
Share-based compensation       23,753    
Shares repurchased under share repurchase program, net of excise tax (Note 14)   (4)   (127,343)    
Net income 240,007 [2],[3]       240,007  
Dividends and dividend equivalents declared         (71,844)  
Net unrealized gains (losses) on investments, net of tax (43,204) [2]         (43,209) [1]
Other adjustments to other comprehensive income (loss)           (52)
Balance, end of period at Jun. 30, 2026 4,808,479 156 (1,009,701) 783,231 5,300,213 (265,420)
Balance, beginning of period at Mar. 31, 2026   156 (991,427) 842,235 5,220,411 (262,114)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of common stock under incentive and benefit plans   2   621    
Equity awards and common stock issued due to Inigo acquisition   0   0    
Repurchases of common stock under incentive plans     (18,274)      
Share-based compensation       17,276    
Shares repurchased under share repurchase program, net of excise tax (Note 14)   (2)   (76,901)    
Net income 115,914       115,914  
Dividends and dividend equivalents declared         (36,112)  
Net unrealized gains (losses) on investments, net of tax (3,278)         (3,305) [1]
Other adjustments to other comprehensive income (loss)           (1)
Balance, end of period at Jun. 30, 2026 $ 4,808,479 $ 156 $ (1,009,701) $ 783,231 $ 5,300,213 $ (265,420)
[1] Includes net unrealized gains (losses) from investments recorded as assets held for sale.
[2] Includes Inigo results for the five-month period from the Closing Date of the acquisition through June 30, 2026.
[3] Includes Inigo results for the five-month period from the Closing Date of the acquisition through June 30, 2026.