v3.26.3
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 101,175     101,175  
Stock options exercised (in shares)   538      
Stock options exercised 9,703 $ 1   9,702  
Release of restricted stock units (in shares)   635      
Net income 372,111       372,111
Ending balance (in shares) at Sep. 30, 2025   46,109      
Ending balance at Sep. 30, 2025 1,307,539 $ 5 $ 0 1,061,270 246,264
Ending balance (in shares) at Sep. 30, 2025     0    
Beginning balance (in shares) at Jun. 30, 2025   45,787      
Beginning balance at Jun. 30, 2025 977,031 $ 4 $ 0 1,022,958 (45,931)
Beginning balance (in shares) at Jun. 30, 2025     0    
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Stock-based compensation expense 35,565     35,565  
Stock options exercised (in shares)   100      
Stock options exercised 2,748 $ 1   2,747  
Release of restricted stock units (in shares)   222      
Net income 292,195       292,195
Ending balance (in shares) at Sep. 30, 2025   46,109      
Ending balance at Sep. 30, 2025 1,307,539 $ 5 $ 0 1,061,270 246,264
Ending balance (in shares) at Sep. 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 $ 120,334     120,334  
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 settlements of share-based compensation awards $ (18,799)     (18,799)  
Stock options exercised (in shares) 377 377      
Stock options exercised $ 5,977     5,977  
Release of restricted stock units (in shares)   656      
Repurchases of common stock (in shares) (743)   (743)    
Repurchases of common stock $ (76,704)   $ (76,704)    
Retirement of treasury stock (in shares) (734) (734) 734    
Retirement of treasury stock $ 0   $ 75,455 (75,455)  
Net income 103,783       103,783
Ending balance (in shares) at Sep. 30, 2026   47,116      
Ending balance at Sep. 30, 2026 $ 1,481,597 $ 5 $ (1,249) 1,090,840 392,001
Ending balance (in shares) at Sep. 30, 2026 (9)   (9)    
Beginning balance (in shares) at Jun. 30, 2026   46,736      
Beginning balance at Jun. 30, 2026 $ 1,409,742 $ 5 $ (1,425) 1,046,326 364,836
Beginning balance (in shares) at Jun. 30, 2026     (12)    
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Stock-based compensation expense 47,477     47,477  
Stock options exercised (in shares)   154      
Stock options exercised $ 3,639     3,639  
Release of restricted stock units (in shares)   277      
Repurchases of common stock (in shares) (48)   (48)    
Repurchases of common stock $ (6,426)   $ (6,426)    
Retirement of treasury stock (in shares) (51) (51) 51    
Retirement of treasury stock $ 0   $ 6,602 (6,602)  
Net income 27,165       27,165
Ending balance (in shares) at Sep. 30, 2026   47,116      
Ending balance at Sep. 30, 2026 $ 1,481,597 $ 5 $ (1,249) $ 1,090,840 $ 392,001
Ending balance (in shares) at Sep. 30, 2026 (9)   (9)