v3.26.1
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock [Member]
Additional Paid-In Capital [Member]
Retained Deficit [Member]
Other Comprehensive Income (Loss) [Member]
Total
Balance at beginning of period at Dec. 31, 2024 $ 8,622 $ 1,454,518 $ (2,791,288) $ (42,813) $ (1,370,961)
Balance (in shares) at Dec. 31, 2024 862,233,000        
Net Income (Loss)     1,207,080   1,207,080
Total other comprehensive income       51,378 51,378
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes $ 2 13,935     13,937
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes, shares 180,000        
Net issuance of common stock upon exercise of stock options $ 15 35,844     35,859
Net issuance of common stock upon exercise of stock options, shares 1,421,000        
Share based compensation   17,803     17,803
Share repurchases, including fees $ (133) (22,812) (1,153,695)   $ (1,176,640)
Share repurchases, including fees, shares (13,273,000)       (13,273,000)
Excise tax on share repurchases     (10,318)   $ (10,318)
Balance at end of period at Jun. 30, 2025 $ 8,506 1,499,288 (2,748,221) 8,565 (1,231,862)
Balance (in shares) at Jun. 30, 2025 850,561,000        
Balance at beginning of period at Mar. 31, 2025 $ 8,567 1,476,741 (2,805,929) (36,835) (1,357,456)
Balance (in shares) at Mar. 31, 2025 856,703,000        
Net Income (Loss)     668,595   668,595
Total other comprehensive income       45,400 45,400
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes $ 1 7,666     7,667
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes, shares 96,000        
Net issuance of common stock upon exercise of stock options $ 6 16,834     16,840
Net issuance of common stock upon exercise of stock options, shares 566,000        
Share based compensation   9,862     9,862
Share repurchases, including fees $ (68) (11,815) (605,325)   $ (617,208)
Share repurchases, including fees, shares (6,804,000)       (6,804,000)
Excise tax on share repurchases     (5,562)   $ (5,562)
Balance at end of period at Jun. 30, 2025 $ 8,506 1,499,288 (2,748,221) 8,565 (1,231,862)
Balance (in shares) at Jun. 30, 2025 850,561,000        
Balance at beginning of period at Dec. 31, 2025 $ 8,419 1,530,292 (2,328,817) 26,754 $ (763,352) [1]
Balance (in shares) at Dec. 31, 2025 841,909,000       841,909,238
Net Income (Loss)     1,319,245   $ 1,319,245
Total other comprehensive income       8,818 8,818
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes $ 3 17,316     17,319
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes, shares 216,000        
Net issuance of common stock upon exercise of stock options $ 7 22,223     22,230
Net issuance of common stock upon exercise of stock options, shares 725,000        
Share based compensation   16,488     16,488
Share repurchases, including fees $ (267) (49,364) (2,383,392)   $ (2,433,023)
Share repurchases, including fees, shares (26,684,000)       (26,684,000)
Excise tax on share repurchases     (23,450)   $ (23,450)
Balance at end of period at Jun. 30, 2026 $ 8,162 1,536,955 (3,416,414) 35,572 $ (1,835,725)
Balance (in shares) at Jun. 30, 2026 816,166,000       816,165,813
Balance at beginning of period at Mar. 31, 2026 $ 8,323 1,537,430 (2,638,068) 25,260 $ (1,067,055)
Balance (in shares) at Mar. 31, 2026 832,293,000        
Net Income (Loss)     715,064   715,064
Total other comprehensive income       10,312 10,312
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes $ 2 8,920     8,922
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes, shares 112,000        
Net issuance of common stock upon exercise of stock options $ 4 13,489     13,493
Net issuance of common stock upon exercise of stock options, shares 463,000        
Share based compensation   8,185     8,185
Share repurchases, including fees $ (167) (31,069) (1,478,840)   $ (1,510,076)
Share repurchases, including fees, shares (16,702,000)       (16,702,000)
Excise tax on share repurchases     (14,570)   $ (14,570)
Balance at end of period at Jun. 30, 2026 $ 8,162 $ 1,536,955 $ (3,416,414) $ 35,572 $ (1,835,725)
Balance (in shares) at Jun. 30, 2026 816,166,000       816,165,813
[1] The balance sheet at December 31, 2025, has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by United States generally accepted accounting principles for complete financial statements.