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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Operating activities:    
Net income $ 35,257 $ 21,321
Adjustments to reconcile net income to net cash provided by operating activities    
Bad debt expense 2,558 1,897
Depreciation and amortization expense 50,333 42,275
Amortization of debt issuance costs 326 326
Non-cash lease expense 6,344 5,903
Deferred taxes 1,120 17,055
Stock-based compensation expense 74,862 78,728
Interest expense, net 392 321
Loss on disposal of fixed assets   101
Other (448) 771
Changes in operating assets and liabilities, net of effects of business combinations    
Trade receivables (10,286) 11,596
Prepaid expenses and other assets (1,802) (36,824)
Trade payables 271 1,057
Accrued expenses and other liabilities (22,544) (6,070)
Net cash provided by operating activities 136,383 138,457
Investing activities:    
Purchase of property, plant and equipment (31,353) (27,952)
Acquisition of businesses, net of cash acquired   (82,578)
Proceeds from maturity of short-term investments   17,753
Other investing activities   (1,000)
Net cash used in investing activities (31,353) (93,777)
Financing activities:    
Proceeds from common stock issued upon exercise of stock options 1,404 630
Proceeds from common stock issued under employee purchase plan 1,031 1,577
Finance lease payments (5,832) (2,944)
Shares repurchased under authorized repurchase programs (100,195) (132,305)
Payment of excise tax on shares repurchased (884) (668)
Shares repurchased for settlement of employee tax withholdings (7,915) (7,095)
Net cash used in financing activities (112,391) (140,805)
Effect of exchange rate changes on cash and cash equivalents and restricted cash (849) 4,109
Net decrease in cash, cash equivalents, and restricted cash (8,210) (92,016)
Cash, cash equivalents, and restricted cash - Beginning of period 260,034 293,741
Cash, cash equivalents, and restricted cash - End of period 251,824 201,725
Supplemental cash flow information:    
Cash paid for interest 945 878
Noncash investing and financing transactions:    
Right-of-use assets obtained in exchange for new operating lease liabilities, net of impairments and tenant improvement allowances 479 5,139
Acquisition of equipment under finance lease 21,635 13,805
Capital assets financed by accounts payable and accrued expenses 24 35
Stock-based compensation included in capitalized software development costs 4,209 3,190
Accrued excise tax on net share repurchases $ 547 $ 971