XML 31 R14.htm IDEA: XBRL DOCUMENT v3.25.0.1
Cash and Available-for-Sale Securities
 12 Months Ended
Dec. 31, 2024
Cash and Cash Equivalents [Abstract]  
Cash and Available-for-Sale Securities Cash and Available-for-Sale Securities
Cash, cash equivalents and investments consisted of the following (in thousands):
December 31, 2024
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Estimated
Fair Value		Cash and
Cash
Equivalents		Investments
Cash$948,894 $— $— $948,894 $948,894 $— 
Time deposits790,000 — — 790,000 210,000 580,000 
Money market funds1,253,970 — — 1,253,970 1,253,970 — 
Totals$2,992,864 $— $— $2,992,864 $2,412,864 $580,000 
December 31, 2023
Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Estimated
Fair Value		Cash and
Cash
Equivalents		Investments
Cash$437,724 $— $— $437,724 $437,724 $— 
Time deposits420,000 — — 420,000 300,000 120,000 
Money market funds768,586 — — 768,586 768,586 — 
Totals$1,626,310 $— $— $1,626,310 $1,506,310 $120,000 
Cash equivalents and investments are considered available-for-sale securities. We use the specific-identification method for calculating realized gains and losses on securities sold and include them in interest expense, net in the consolidated statements of income (loss). Our investment balances represent time deposits with original maturities of greater than three months and less than one year. Interest income from available-for-sale securities was $106.3 million, $65.1 million and $11.5 million in 2024, 2023 and 2022, respectively.