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Stock-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2024
Stock-Based Compensation [Abstract]  
Summary of Stock Option Activity

Weighted-

Weighted-Average

Average

Remaining

Number

Exercise Price

Contractual

Aggregate

of Shares

Per Share

Life (in years)

Intrinsic Value

Outstanding at December 31, 2023

1,340

$

168.32

Exercised

(153)

$

125.67

Outstanding at March 31, 2024

1,187

$

173.82

1.7

$

52,211

Exercisable at March 31, 2024

1,161

$

172.14

1.5

$

52,211

Unvested at March 31, 2024

26

$

248.41

8.9

$

Summary of Restricted Stock Unit and Performance Based Restricted Stock Unit Activity

RSUs

PSUs (1)

Weighted-Average

Weighted-Average

Number of

Grant Date Fair

Number of

Grant Date Fair

Shares

Value per Share

Shares

Value per Share

(in thousands)

(in thousands)

Outstanding at December 31, 2023

267

$

269.08

368

$

298.46

Granted

257

$

217.02

59

$

291.51

PSU adjustment (2)

$

11

$

236.63

Vested

(110)

$

271.27

(155)

$

236.32

Forfeited/canceled

(5)

$

254.56

(2)

$

376.76

Outstanding at March 31, 2024

409

$

235.91

281

$

314.08

(1)PSUs represent the target number of shares granted that are issuable at the end of the three year performance period. Fair value for a portion of the PSUs was calculated using a Monte Carlo simulation model.

(2)PSU adjustment represents the net PSUs awarded above or below their target grants resulting from the achievement of performance targets established at the grant date.