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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Total
Shares
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2023   140,774,000      
Beginning balance at Dec. 31, 2023 $ 3,921,240 $ 1 $ 3,377,048 $ 541,159 $ 3,032
Employee related equity activity          
Amortization of share-based compensation 7,538   7,538    
Issuance of share-based compensation shares (in shares)   2,042,000      
Shares withheld for taxes on equity transactions (53,431)   (53,431)    
Warrants exercised $ 6   6    
Share repurchases (in shares) 0        
Dividends $ (57,782)     (57,782)  
Net income (loss) 95,481     95,481  
Other comprehensive income (loss), net (29)       (29)
Ending balance (in shares) at Mar. 31, 2024   142,816,000      
Ending balance at Mar. 31, 2024 $ 3,913,023 $ 1 3,331,161 578,858 3,003
Beginning balance (in shares) at Dec. 31, 2024 158,946,711 158,947,000      
Beginning balance at Dec. 31, 2024 $ 4,651,386 $ 1 4,236,172 411,244 3,969
Employee related equity activity          
Amortization of share-based compensation 7,051   7,051    
Issuance of share-based compensation shares (in shares)   564,000      
Shares withheld for taxes on equity transactions (9,073)   (9,073)    
Warrants exercised (in shares)   1,000      
Warrants exercised $ 38   38    
Share repurchases (in shares) (700,000) (737,000)      
Share repurchases $ (20,000)     (20,000)  
Dividends (79,997)     (79,997)  
Net income (loss) 108,303     108,303  
Other comprehensive income (loss), net $ 201       201
Ending balance (in shares) at Mar. 31, 2025 158,774,661 158,775,000      
Ending balance at Mar. 31, 2025 $ 4,657,909 $ 1 $ 4,234,188 $ 419,550 $ 4,170