XML 41 R6.htm IDEA: XBRL DOCUMENT v3.25.4
STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
AOCI Attributable to Parent [Member]
Unrealized gain (losses) on marketable securities
Unrealized gain (losses) on cash flow hedges
Cost of revenues
Cost of revenues
AOCI Attributable to Parent [Member]
Cost of revenues
Unrealized gain (losses) on marketable securities
Cost of revenues
Unrealized gain (losses) on cash flow hedges
Research and development, net
Research and development, net
AOCI Attributable to Parent [Member]
Research and development, net
Unrealized gain (losses) on marketable securities
Research and development, net
Unrealized gain (losses) on cash flow hedges
Selling and marketing
Selling and marketing
AOCI Attributable to Parent [Member]
Selling and marketing
Unrealized gain (losses) on marketable securities
Selling and marketing
Unrealized gain (losses) on cash flow hedges
General and administrative
General and administrative
AOCI Attributable to Parent [Member]
General and administrative
Unrealized gain (losses) on marketable securities
General and administrative
Unrealized gain (losses) on cash flow hedges
Tax effect on other comprehensive income
Tax effect on other comprehensive income
AOCI Attributable to Parent [Member]
Tax effect on other comprehensive income
Unrealized gain (losses) on marketable securities
Tax effect on other comprehensive income
Unrealized gain (losses) on cash flow hedges
Ordinary Shares Outstanding
Additional paid-in Capital
AOCI Attributable to Parent [Member]
Accumulated deficit
Treasury Stock, Common
Shares outstanding, beginning balance (in shares) at Dec. 31, 2022                                                 56,305,462        
Total shareholders' equity, beginning balance at Dec. 31, 2022 $ (263,242)                                               $ 108 $ 1,274,968 $ (33,455) $ (1,073,001) $ (431,862)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                          
Exercise of options, ESPP shares and vesting of RSUs (in shares)                                                 2,215,998        
Exercise of options, ESPP shares and vesting of RSUs 39,660                                               $ 6 39,654 0 0 0
Share-based compensation 225,330                                               $ 0 225,330 0 0 0
Treasury Shares (in shares)                                                 (1,348,865)        
Purchase of treasury shares (127,017)                                               $ (4) 0 0 0 (127,013)
Purchase of 2030 Capped Calls 0                                                        
Net income 33,137                                               $ 0 0 0 33,137 0
Shares outstanding, ending balance (in shares) at Dec. 31, 2023                                                 57,172,595        
Total shareholders' equity, ending balance at Dec. 31, 2023 (54,485) $ 4,192 $ (3,096) $ 7,288                                         $ 110 1,539,952 4,192 (1,039,864) (558,875)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                          
Other comprehensive income 37,647                                               $ 0 0 37,647 0 0
Exercise of options, ESPP shares and vesting of RSUs (in shares)                                                 2,529,058        
Exercise of options, ESPP shares and vesting of RSUs 59,576                                               $ 7 59,569 0 0 0
Share-based compensation 241,053                                               $ 0 241,053 0 0 0
Treasury Shares (in shares)                                                 (3,593,721)        
Purchase of treasury shares (466,302)                                               $ (10) 0 0 0 (466,292)
Purchase of 2030 Capped Calls 0                                                        
Net income 138,322                                               $ 0 0 0 138,322 0
Shares outstanding, ending balance (in shares) at Dec. 31, 2024                                                 56,107,932        
Total shareholders' equity, ending balance at Dec. 31, 2024 (78,786) 7,242 (326) 7,568                                         $ 107 1,840,574 7,242 (901,542) (1,025,167)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                          
Other comprehensive income 3,050                                               $ 0 0 3,050 0 0
Other comprehensive income before reclassifications, net (4,402)   2,736 (7,138)                                                  
Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent         $ 360   $ 0 $ 360 $ 4,475   $ 0 $ 4,475 $ 1,598   $ 0 $ 1,598 $ 1,023   $ 0 $ 1,023 $ (10)   $ (10) $ 0          
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent 6   44 (38)                                                  
Exercise of options, ESPP shares and vesting of RSUs (in shares)                                                 2,425,493        
Exercise of options, ESPP shares and vesting of RSUs 54,818                                               $ 7 54,811 0 0 0
Share-based compensation 238,377                                               $ 0 238,377 0 0 0
Treasury Shares (in shares)                                                 (3,543,902)        
Purchase of treasury shares (574,999)                                               $ (10) 0 0 0 (574,989)
Purchase of 2030 Capped Calls (71,875)                                               0 (71,875) 0 0 0
Net income 50,646                                               $ 0 0 0 50,646 0
Shares outstanding, ending balance (in shares) at Dec. 31, 2025                                                 54,989,523        
Total shareholders' equity, ending balance at Dec. 31, 2025 (366,002) 17,539 (36) 17,575                                         $ 104 2,067,407 17,539 (850,896) (1,600,156)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                          
Release of valuation allowance 5,520                                               0 5,520 0 0 0
Other comprehensive income 10,297                                               $ 0 $ 0 $ 10,297 $ 0 $ 0
Other comprehensive income before reclassifications, net   $ 44,868 331 44,537                                                  
Reclassification from AOCI, Current Period, Net of Tax, Attributable to Parent           $ (1,563) $ 0 $ (1,563)   $ (20,206) $ 0 $ (20,206)   $ (6,995) $ 0 $ (6,995)   $ (4,401) $ 0 $ (4,401)   $ (1) $ (1) $ 0          
Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent $ (1,405)   $ (40) $ (1,365)