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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common stock:
Additional paid-in capital:
Company common stock held by the NQDC:
Accumulated other comprehensive income (loss):
Retained earnings (accumulated deficit)
Shares of common stock, beginning balances (in shares) at Dec. 31, 2023 [1]   188,598,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuances under equity incentive plans (in shares)   1,956,000        
Shares of common stock, ending balances (in shares) at Sep. 30, 2024   190,554,000        
Beginning balances at Dec. 31, 2023 [1] $ 4,951,549 $ 189 $ 5,611,562 $ (9,860) $ (28,788) $ (621,554)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuances under equity incentive plans, net of tax   2 (33,031)      
Stock-based compensation     159,522      
Change in Common stock held by the Nonqualified Deferred Compensation plan (NQDC)     1,857 (1,857)    
Other comprehensive income (loss) 33,438       33,438  
Net income (loss) 301,916         301,916
Ending balances at Sep. 30, 2024 5,413,396 $ 191 5,739,910 (11,717) 4,650 (319,638)
Shares of common stock, beginning balances (in shares) at Jun. 30, 2024 [1]   190,356,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuances under equity incentive plans (in shares)   198,000        
Shares of common stock, ending balances (in shares) at Sep. 30, 2024   190,554,000        
Beginning balances at Jun. 30, 2024 [1] 5,286,299 $ 190 5,696,701 (11,673) 26,799 (425,718)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuances under equity incentive plans, net of tax   1 (2,688)      
Stock-based compensation     45,853      
Change in Common stock held by the Nonqualified Deferred Compensation plan (NQDC)     44 (44)    
Other comprehensive income (loss) (22,149)       (22,149)  
Net income (loss) 106,080         106,080
Ending balances at Sep. 30, 2024 $ 5,413,396 $ 191 5,739,910 (11,717) 4,650 (319,638)
Shares of common stock, beginning balances (in shares) at Dec. 31, 2024 190,761,349 190,761,000 [1]        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuances under equity incentive plans (in shares)   1,338,000        
Shares of common stock, ending balances (in shares) at Sep. 30, 2025 192,098,751 192,099,000        
Beginning balances at Dec. 31, 2024 [1] $ 5,657,990 [2] $ 191 5,802,068 (11,227) 61,653 (194,695)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuances under equity incentive plans, net of tax   1 (46,218)      
Stock-based compensation     145,054      
Change in Common stock held by the Nonqualified Deferred Compensation plan (NQDC)     64 (64)    
Other comprehensive income (loss) (95,590)       (95,590)  
Net income (loss) 395,474         395,474
Ending balances at Sep. 30, 2025 $ 6,056,711 $ 192 5,900,968 (11,291) (33,937) 200,779
Shares of common stock, beginning balances (in shares) at Jun. 30, 2025 [1]   192,002,000        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuances under equity incentive plans (in shares)   97,000        
Shares of common stock, ending balances (in shares) at Sep. 30, 2025 192,098,751 192,099,000        
Beginning balances at Jun. 30, 2025 [1] $ 6,027,113 $ 192 5,851,637 (11,674) (44,565) 231,523
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuances under equity incentive plans, net of tax   0 (2,779)      
Stock-based compensation     52,493      
Change in Common stock held by the Nonqualified Deferred Compensation plan (NQDC)     (383) 383    
Other comprehensive income (loss) 10,628       10,628  
Net income (loss) (30,744)         (30,744)
Ending balances at Sep. 30, 2025 $ 6,056,711 $ 192 $ 5,900,968 $ (11,291) $ (33,937) $ 200,779
[1] The beginning balances for the nine-month periods were derived from the audited Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 filed with the SEC on February 24, 2025.
[2]
(1)December 31, 2024 balances were derived from the audited Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, filed with the SEC on February 24, 2025.