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Investments - Summary of Investments (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Investments [Abstract]    
Amortized cost $ 1,330,007 $ 1,402,258
Gross unrealized gains 478 1,607
Gross unrealized losses (876) (399)
Estimated fair value 1,329,609 1,403,466
Amortized cost 716,807 654,600
Gross unrealized gains 2,029 984
Gross unrealized losses (490) (3,042)
Estimated fair value 718,346 652,542
Amortized cost 2,046,814 2,056,858
Gross unrealized gains 2,507 2,591
Gross unrealized losses (1,366) (3,441)
Estimated fair value 2,047,955 2,056,008
Amortized cost 16,802 35,012
Gross unrealized gains 25,039 25,027
Gross unrealized losses (16,036) (13,753)
Estimated fair value 25,805 46,286
Amortized cost 2,063,616 2,091,870
Gross unrealized gains 27,546 27,618
Gross unrealized losses (17,402) (17,194)
Estimated fair value 2,073,760 2,102,294
Corporate Debt Securities [Member]    
Investments [Abstract]    
Amortized cost [1] 607,088 593,810
Gross unrealized gains 242 487
Gross unrealized losses (373) (240)
Estimated fair value 606,957 594,057
Amortized cost 458,306 439,561
Gross unrealized gains 1,484 723
Gross unrealized losses (361) (2,275)
Estimated fair value 459,429 438,009
Debt Securities Issued by U.S. Government Agencies [Member]    
Investments [Abstract]    
Amortized cost 122,690 143,647
Gross unrealized gains 66 287
Gross unrealized losses (53) (39)
Estimated fair value 122,703 143,895
Amortized cost 71,028 65,255
Gross unrealized gains 178 137
Gross unrealized losses (87) (289)
Estimated fair value 71,119 65,103
Debt Securities Issued by the U.S. Treasury [Member]    
Investments [Abstract]    
Amortized cost [1] 593,378 657,285
Gross unrealized gains 168 825
Gross unrealized losses (449) (120)
Estimated fair value 593,097 657,990
Amortized cost 184,559 149,086
Gross unrealized gains 366 124
Gross unrealized losses (41) (476)
Estimated fair value 184,884 148,734
Debt Securities Issued by States of the U.S. and Political Subdivisions of the States [Member]    
Investments [Abstract]    
Amortized cost 6,851 7,516
Gross unrealized gains 2 8
Gross unrealized losses (1) 0
Estimated fair value 6,852 7,524
Amortized cost 2,216  
Gross unrealized gains 1  
Gross unrealized losses 0  
Estimated fair value 2,217  
Other Municipal Debt Securities [Member]    
Investments [Abstract]    
Amortized cost 698 698
Gross unrealized gains 0 0
Gross unrealized losses (1) (2)
Estimated fair value 697 696
Publicly Traded Equity Securities [Member]    
Investments [Abstract]    
Amortized cost [2] 11,897 11,897
Gross unrealized gains 38 26
Gross unrealized losses (8,946) (6,660)
Estimated fair value 2,989 5,263
Privately Held Equity Securities [Member]    
Investments [Abstract]    
Amortized cost [3] 4,905 23,115
Gross unrealized gains 25,001 25,001
Gross unrealized losses (7,090) (7,093)
Estimated fair value $ 22,816 $ 41,023
[1] Includes investments classified as cash equivalents in our condensed consolidated balance sheets.
[2] Our publicly traded equity securities are included in other current assets. We recognize publicly traded equity securities at fair value. In the six months ended June 30, 2025, we recorded a $2.3 million net unrealized loss in our condensed consolidated statements of operations related to changes in the fair value of our investments in publicly traded companies.
[3] Our privately held equity securities are included in deposits and other assets. We recognize our privately held equity securities at cost minus impairments, plus or minus changes resulting from observable price changes in orderly transactions for the identical or similar investment of the same issuer, which are Level 3 inputs. In the six months ended June 30, 2025, the amortized cost of our privately held equity securities decreased because we recorded a loss of $18.2 million in our condensed consolidated statements of operations related to an impairment of our investment in a privately held company.