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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Statement of Comprehensive Income [Abstract]      
Net income $ 540,159 $ 725,694 $ 312,861
Derivatives designated as hedging instruments:      
Unrealized gains (losses) on derivative instruments (576) 0 0
Foreign currency gains (losses), net (17,929) (20,484) 2,189
Reclassification of foreign currency translation gain (loss) to income [1] (8,148) 0 (164)
Total comprehensive income, net of tax $ 513,506 $ 705,210 $ 314,886
[1] Represents the reclassification of a cumulative foreign currency translation adjustment upon substantial liquidation of foreign subsidiaries which is presented within ‘Selling, general and administrative expenses’ in the consolidated statements of operations.