EQUITY (Tables)

6 Months Ended

Jun. 30, 2022

EQUITY [Abstract]

Schedule of Shares Repurchased

:

(In thousands except for per share prices)

Period	Total number of shares repurchased	Average price paid per share		Dollar amount of shares repurchased (1)		Approximate dollar value of shares that may yet be purchased under the plan
January 1, 2020 - March 31, 2020	1,920	$	38.49	$	73,902	$	126,098
April 1, 2020 - June 30, 2020	771		39.95		30,804		95,294
July 1, 2020 - September 30,2020	—		—		—		95,294
October 1, 2020 - December 31, 2020	—		—		—		95,294
January 1, 2021 - March 31, 2021	—		—		—		95,294
April 1, 2021 - June 30, 2021	—		—		—		95,294
July 1, 2021 - September 30, 2021	—		—		—		95,294
October 1, 2021 - December 31, 2021	—		—		—		95,294
January 1, 2022 - March 31, 2022	—		—		—		295,294
April 1, 2022 - June 30, 2022	2,351		61.45		144,493	$	150,801
January 1, 2020 - June 30, 2022	5,042	$	49.42	$	249,199

⁽¹⁾ Inclusive of an immaterial amount of commission fees

Accumulated Other Comprehensive Income (Loss)

(In thousands)	Unrealized loss on marketable securities, net of tax		Foreign currency translation adjustments		Accumulated other comprehensive loss
Accumulated other comprehensive income/(loss), net of tax, at December 31, 2021	$	(1,053)	$	(5,719)	$	(6,772)
Other comprehensive income/(loss) before reclassifications		(18,204)		(4,737)		(22,941)
Amounts reclassified from accumulated other comprehensive income/(loss), net of tax		4,345		—		4,345
Other comprehensive income/(loss), net of tax		(13,859)		(4,737)		(18,596)
Accumulated other comprehensive income/(loss), net of tax, at June 30, 2022	$	(14,912)	$	(10,456)	$	(25,368)

(In thousands)	Unrealized loss on marketable securities, net of tax		Foreign currency translation adjustments		Accumulated other comprehensive loss
Accumulated other comprehensive income/(loss), net of tax, at December 31, 2020	$	5,001	$	(1,046)	$	3,955
Other comprehensive income/(loss) before reclassifications		(3,188)		(3,087)		(6,275)
Amounts reclassified from accumulated other comprehensive income/(loss), net of tax		748		—		748
Other comprehensive income/(loss), net of tax		(2,440)		(3,087)		(5,527)
Accumulated other comprehensive income/(loss), net of tax, at June 30, 2021	$	2,561	$	(4,133)	$	(1,572)

Schedule of Computation of Basic and Diluted Earnings

	Three Months Ended			Six Months Ended
	June 30,			June 30,
(In thousands, except per share amounts)	2022	2021		2022		2021
Numerator:
Net income/(loss)	54,590	$	41,545	$	92,674	$	86,874
Denominator for basic and diluted net income per share:
Weighted average shares outstanding for basic	100,671		100,449		101,136		100,159
Dilutive stock options and RSUs	2,213		3,026		2,344		2,772
Weighted average shares outstanding for diluted	102,884		103,475		103,480		102,931
Earnings per share:
Basic	0.54	$	0.41	$	0.92	$	0.87
Diluted	0.53	$	0.40	$	0.90	$	0.84
Anti-dilutive stock options and RSUs excluded from the calculation	3,419		1,680		3,397		2,372