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Consolidated Statements Of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Statement of Comprehensive Income [Abstract]    
Net income $ 163,575 $ 157,539
Other comprehensive income/(loss), net of tax:    
Changes in unrealized gains/(losses) on available-for-sale securities [1],[2] (8,204) 22,710
Foreign currency translation adjustment [1] (1,644) 3,429
Total other comprehensive income/(loss), net of tax (9,848) 26,139
Comprehensive income $ 153,727 $ 183,678
[1] Net of a tax benefit of $3.3 million and tax expense of $8.7 million for the three months ended March 31, 2024 and 2023, respectively.
[2] There were no reclassifications to earnings for the three months ended March 31, 2024. Net of reclassifications to earnings of realized losses of $5.6 million for the three months ended March 31, 2023.