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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Loss [Member]
Beginning Balance at Dec. 31, 2021 $ 1,430,093 $ 351 $ 914,802 $ 562,882 $ (47,942)
Beginning Balance, shares (in shares) at Dec. 31, 2021   175,481      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock under stock option plans 9,861 $ 1 9,860    
Issuance of common stock under stock option plans, shares   514      
Repurchase of common stock (204,314) $ (7)   (204,307)  
Repurchase of common stock, shares   (3,364)      
Stock-based compensation expense 54,505   54,505    
Payment of dividends ($0.305 per common share) (45,921)     (45,921)  
Net income 215,525     215,525  
Net unrealized gain (loss), net of tax of $1,245, $4,389, and $(5,943) in 2024, 2023, and 2022, respectively (17,152)       (17,152)
Net unrealized gain (loss) on available-for-sale investments, net of tax (17,152)        
Reclassification of net realized (gain) loss on the sale of available-for-sale investments 182       182
Foreign currency translation adjustments, net of tax (4,385)       (4,385)
Balance at Dec. 31, 2022 1,438,394 $ 345 979,167 528,179 (69,297)
Balance, shares (in shares) at Dec. 31, 2022   172,631      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock under stock option plans 3,268 $ 1 3,267    
Issuance of common stock under stock option plans, shares   691      
Repurchase of common stock (79,794) $ (3)   (79,791)  
Repurchase of common stock, shares   (1,723)      
Stock-based compensation expense 54,768   54,768    
Payment of dividends ($0.305 per common share) (49,079)     (49,079)  
Net income 113,234     113,234  
Net unrealized gain (loss), net of tax of $1,245, $4,389, and $(5,943) in 2024, 2023, and 2022, respectively 10,507       10,507
Net unrealized gain (loss) on available-for-sale investments, net of tax 10,507        
Reclassification of net realized (gain) loss on the sale of available-for-sale investments 1,954       1,954
Foreign currency translation adjustments, net of tax 11,500       11,500
Balance at Dec. 31, 2023 $ 1,504,752 $ 343 1,037,202 512,543 (45,336)
Balance, shares (in shares) at Dec. 31, 2023 171,599 171,599      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock under stock option plans $ 994 $ 1 993    
Issuance of common stock under stock option plans, shares 242 546      
Repurchase of common stock $ (67,085) $ (3)   (67,082)  
Repurchase of common stock, shares   (1,711)      
Stock-based compensation expense 52,443   52,443    
Payment of dividends ($0.305 per common share) (52,329)     (52,329)  
Net income 106,171     106,171  
Net unrealized gain (loss), net of tax of $1,245, $4,389, and $(5,943) in 2024, 2023, and 2022, respectively 3,809       3,809
Net unrealized gain (loss) on available-for-sale investments, net of tax 3,809        
Reclassification of net realized (gain) loss on the sale of available-for-sale investments 8       8
Foreign currency translation adjustments, net of tax (31,258)       (31,258)
Balance at Dec. 31, 2024 $ 1,517,505 $ 341 $ 1,090,638 $ 499,303 $ (72,777)
Balance, shares (in shares) at Dec. 31, 2024 170,434 170,434