v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 258,536 $ 106,967
Investment securities—current 48,740 144,256
Accounts receivable, net 52,535 36,873
Prepaid expenses and other current assets 47,561 65,218
Total current assets 407,372 353,314
Property and equipment, net 20,316 23,228
Operating lease right-of-use assets 14,227 15,924
Capitalized software development costs, net 11,122 11,324
Goodwill 96,410 96,410
Intangible assets, net 31,153 38,826
Deferred income taxes 32,210 58,823
Long-term investments 87,668 77,033
Other long-term assets 15,193 14,085
Total assets 715,671 688,967
Current liabilities    
Accounts payable 5,656 4,123
Accrued employee expenses 43,071 59,774
Accrued expenses 28,679 20,829
Other current liabilities 24,476 22,121
Total current liabilities 101,882 106,847
Operating lease liabilities 24,876 33,287
Other liabilities 6,399 6,254
Total liabilities 133,157 146,388
Commitments and contingencies (Note 7)
Stockholders’ equity:    
Additional paid-in capital 324,114 284,054
Accumulated other comprehensive (loss) income (68) 30
Treasury stock (302,453) (172,480)
Retained earnings 560,917 430,971
Total stockholders’ equity 582,514 542,579
Total liabilities and stockholders’ equity 715,671 688,967
Class A common stock    
Stockholders’ equity:    
Common stock 3 3
Class B common stock    
Stockholders’ equity:    
Common stock $ 1 $ 1