XML 15 R6.htm IDEA: XBRL DOCUMENT v3.23.2
CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Balance at Dec. 31, 2021 $ 4,802,481 $ 1,798 $ 4,260,670 $ 540,013
Balance, shares at Dec. 31, 2021   179,820    
Vesting of restricted stock units   $ 11 (11)  
Vesting of restricted stock units, shares   1,018    
Stock-based compensation expense 8,840   8,840  
Repurchase of common stock [1] $ (285,951) $ (36)   (285,915)
Repurchase of common stock, shares (3,600) (3,593) [1]    
Exercise of stock options $ 421   421  
Exercise of stock options, shares   42    
Shares withheld for restricted stock units vested (29,384) $ (4) (29,380)  
Shares withheld for restricted stock units vested, shares   (401)    
Net Income (Loss) 639,640     639,640
Balance at Mar. 31, 2022 5,136,047 $ 1,769 4,240,540 893,738
Balance, shares at Mar. 31, 2022   176,886    
Balance at Dec. 31, 2021 4,802,481 $ 1,798 4,260,670 540,013
Balance, shares at Dec. 31, 2021   179,820    
Net Income (Loss) 1,626,850      
Balance at Jun. 30, 2022 5,136,353 $ 1,602 4,244,374 890,377
Balance, shares at Jun. 30, 2022   160,226    
Balance at Mar. 31, 2022 5,136,047 $ 1,769 4,240,540 893,738
Balance, shares at Mar. 31, 2022   176,886    
Vesting of restricted stock units   $ 3 (3)  
Vesting of restricted stock units, shares   300    
Stock-based compensation expense 9,316   9,316  
Repurchase of common stock [1] $ (990,739) $ (169)   (990,570)
Repurchase of common stock, shares (16,900) (16,871) [1]    
Exercise of stock options $ 13   13  
Exercise of stock options, shares   1    
Shares withheld for restricted stock units vested (5,493) $ (1) (5,492)  
Shares withheld for restricted stock units vested, shares   (90)    
Net Income (Loss) 987,209     987,209
Balance at Jun. 30, 2022 5,136,353 $ 1,602 4,244,374 890,377
Balance, shares at Jun. 30, 2022   160,226    
Balance at Dec. 31, 2022 $ 4,962,566 $ 1,389 4,257,667 703,510
Balance, shares at Dec. 31, 2022 138,864 138,864    
Vesting of restricted stock units   $ 7 (7)  
Vesting of restricted stock units, shares   687    
Stock-based compensation expense $ 11,026   11,026  
Repurchase of common stock [1] $ (627,608) $ (75)   (627,533)
Repurchase of common stock, shares (7,500) (7,546) [1]    
Exercise of stock options $ 315   315  
Exercise of stock options, shares   38    
Shares withheld for restricted stock units vested (22,853) $ (3) (22,850)  
Shares withheld for restricted stock units vested, shares   (276)    
Net Income (Loss) 333,786     333,786
Balance at Mar. 31, 2023 4,657,232 $ 1,318 4,246,151 409,763
Balance, shares at Mar. 31, 2023   131,767    
Balance at Dec. 31, 2022 $ 4,962,566 $ 1,389 4,257,667 703,510
Balance, shares at Dec. 31, 2022 138,864 138,864    
Net Income (Loss) $ 738,405      
Balance at Jun. 30, 2023 $ 4,342,060 $ 1,250 4,249,053 91,757
Balance, shares at Jun. 30, 2023 125,032 125,032    
Balance at Mar. 31, 2023 $ 4,657,232 $ 1,318 4,246,151 409,763
Balance, shares at Mar. 31, 2023   131,767    
Vesting of restricted stock units   $ 3 (3)  
Vesting of restricted stock units, shares   319    
Stock-based compensation expense 12,395   12,395  
Repurchase of common stock [1] $ (722,695) $ (70)   (722,625)
Repurchase of common stock, shares (7,000) (6,970) [1]    
Exercise of stock options $ 157   157  
Exercise of stock options, shares   16    
Shares withheld for restricted stock units vested (9,648) $ (1) (9,647)  
Shares withheld for restricted stock units vested, shares   (100)    
Net Income (Loss) 404,619     404,619
Balance at Jun. 30, 2023 $ 4,342,060 $ 1,250 $ 4,249,053 $ 91,757
Balance, shares at Jun. 30, 2023 125,032 125,032    
[1] Pursuant to repurchase programs authorized by our board of directors, we repurchased and retired 7.0 million shares of our common stock at an average price of $103.68 per share for $722.7 million, inclusive of fees and taxes, during the three months ended June 30, 2023. We repurchased and retired 7.5 million shares of our common stock at an average price of $83.17 per share for $627.6 million, inclusive of fees and taxes, during the three months ended March 31, 2023. We repurchased and retired 16.9 million shares of our common stock at an average price of $58.72 per share for $990.7 million, inclusive of fees, during the three months ended June 30, 2022. We repurchased and retired 3.6 million shares of our common stock at an average price of $79.58 per share for $286.0 million, inclusive of fees, during the three months ended March 31, 2022.