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EQUITY (Tables)
9 Months Ended
Sep. 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

July 1, 2022 - September 30, 2022

$

150,801

January 1, 2020 - September 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

(23,959)

(7,215)

(31,174)

Amounts reclassified from accumulated other comprehensive income/(loss), net of tax

5,720

5,720

Other comprehensive income/(loss), net of tax

(18,239)

(7,215)

(25,454)

Accumulated other comprehensive income/(loss), net of tax, at September 30, 2022

$

(19,292)

$

(12,934)

$

(32,226)

(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

(4,179)

(3,578)

(7,757)

Amounts reclassified from accumulated other comprehensive income/(loss), net of tax

748

748

Other comprehensive income/(loss), net of tax

(3,431)

(3,578)

(7,009)

Accumulated other comprehensive income/(loss), net of tax, at September 30, 2021

$

1,570

$

(4,624)

$

(3,054)

Schedule of Computation of Basic and Diluted Earnings

Three Months Ended

Nine Months Ended

September 30,

September 30,

(In thousands, except per share amounts)

2022

2021

2022

2021

Numerator:

Net income/(loss)

47,431

$

47,211

$

140,104

$

134,085

Denominator for basic and diluted net income per share:

Weighted average shares outstanding for basic

99,652

101,104

100,638

100,477

Dilutive stock options and RSUs

1,765

3,314

2,151

2,953

Weighted average shares outstanding for diluted

101,417

104,418

102,789

103,430

Earnings per share:

Basic

0.48

$

0.47

$

1.39

$

1.33

Diluted

0.47

$

0.45

$

1.36

$

1.30

Anti-dilutive stock options and RSUs excluded from the calculation

4,362

1,748

3,720

2,164