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Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income/(loss)
Treasury Stock
Beginning balance (in shares) at Dec. 31, 2022 [1]   199,939,880        
Beginning balance at Dec. 31, 2022 $ 758,179 $ 200 [1] $ 444,948 [1] $ 899,105 $ (144,143) $ (441,931)
Treasury stock, beginning balance (in shares) at Dec. 31, 2022 [1]           (33,767,660)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock issued against stock-based compensation plans (in shares) [1]   1,808,755        
Stock issued against stock-based compensation plans 1,098 $ 2 [1] 1,096 [1]      
Stock-based compensation $ 25,918   25,918 [1]      
Acquisition of treasury stock (in shares) (2,025,845)         (2,217,625) [1]
Acquisition of treasury stock $ (71,376)         $ (71,376)
Other comprehensive income/(loss) 19,996       19,996  
Net income 100,399     100,399    
Ending balance (in shares) at Jun. 30, 2023 [1]   201,748,635        
Ending balance at Jun. 30, 2023 834,214 $ 202 [2] 471,962 [1] 999,504 (124,147) $ (513,307)
Treasury stock, ending balance (in shares) at Jun. 30, 2023 [1]           (35,985,285)
Beginning balance (in shares) at Mar. 31, 2023 [2]   201,671,840        
Beginning balance at Mar. 31, 2023 795,222 $ 202 [2] 460,365 [2] 950,436 (131,487) $ (484,294)
Treasury stock, beginning balance (in shares) at Mar. 31, 2023 [2]           (35,064,565)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock issued against stock-based compensation plans (in shares) [2]   76,795        
Stock issued against stock-based compensation plans 86   86 [2]      
Stock-based compensation $ 11,511   11,511 [2]      
Acquisition of treasury stock (in shares) (920,720)         (920,720) [2]
Acquisition of treasury stock $ (29,013)         $ (29,013)
Other comprehensive income/(loss) 7,340       7,340  
Net income 49,068     49,068    
Ending balance (in shares) at Jun. 30, 2023 [1]   201,748,635        
Ending balance at Jun. 30, 2023 $ 834,214 $ 202 [2] 471,962 [1] 999,504 (124,147) $ (513,307)
Treasury stock, ending balance (in shares) at Jun. 30, 2023 [1]           (35,985,285)
Beginning balance (in shares) at Dec. 31, 2023 165,277,880 203,410,038        
Beginning balance at Dec. 31, 2023 $ 889,437 $ 203 508,028 1,083,663 (127,040) $ (575,417)
Treasury stock, beginning balance (in shares) at Dec. 31, 2023 (38,132,158)         (38,132,158)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock issued against stock-based compensation plans (in shares)   1,373,075        
Stock issued against stock-based compensation plans $ 1,948 $ 1 1,947      
Stock-based compensation $ 35,947   35,947      
Acquisition of treasury stock (in shares) (4,274,171)         (4,474,573)
Acquisition of treasury stock $ (134,628)         $ (134,628)
Excise tax on repurchase of common stock, net of stock issuances (618)         (618)
Accelerated share repurchase (25,000)   (25,000)      
Other comprehensive income/(loss) (9,068)       (9,068)  
Net income $ 94,588     94,588    
Ending balance (in shares) at Jun. 30, 2024 162,176,382 204,783,113        
Ending balance at Jun. 30, 2024 $ 852,606 $ 204 520,922 1,178,251 (136,108) $ (710,663)
Treasury stock, ending balance (in shares) at Jun. 30, 2024 (42,606,731)         (42,606,731)
Beginning balance (in shares) at Mar. 31, 2024   204,734,988        
Beginning balance at Mar. 31, 2024 $ 803,255 $ 204 502,827 1,132,426 (130,436) $ (701,766)
Treasury stock, beginning balance (in shares) at Mar. 31, 2024           (42,309,378)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock issued against stock-based compensation plans (in shares)   48,125        
Stock issued against stock-based compensation plans 0          
Stock-based compensation $ 18,095   18,095      
Acquisition of treasury stock (in shares) (297,353)         (297,353)
Acquisition of treasury stock $ (8,823)         $ (8,823)
Excise tax on repurchase of common stock, net of stock issuances (74)         (74)
Other comprehensive income/(loss) (5,672)       (5,672)  
Net income $ 45,825     45,825    
Ending balance (in shares) at Jun. 30, 2024 162,176,382 204,783,113        
Ending balance at Jun. 30, 2024 $ 852,606 $ 204 $ 520,922 $ 1,178,251 $ (136,108) $ (710,663)
Treasury stock, ending balance (in shares) at Jun. 30, 2024 (42,606,731)         (42,606,731)
[1] Prior period information has been adjusted to reflect the 5-for-1 forward stock split of the Company’s common stock effected in August 2023. Refer to Note 19 – Capital Structure to the unaudited consolidated financial statements for further details.
[2] Prior period information has been adjusted to reflect the 5-for-1 forward stock split of the Company’s common stock effected in August 2023. Refer to Note 19 – Capital Structure to the unaudited consolidated financial statements for further details.