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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (UNAUDITED) (in thousands, except share data and dividends per share) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Net dividends declared per common share $ 0.18        
Balances, Common Stock, Shares Outstanding, Beginning at Dec. 31, 2023   115,745,393      
Balances, Total Stockholders' Equity, Beginning at Dec. 31, 2023 $ 3,615,850 $ 1,157 $ 1,565,021 $ 2,052,279 $ (2,607)
Increase (Decrease) in Stockholders' Equity          
Net income 131,199     131,199  
Other comprehensive income 8       8
Net cash dividends declared (20,707)     (20,707)  
Issuance of common stock upon vesting of RSUs and settlement of PSUs, net of shares used for tax withholdings (Shares)   1,147      
Issuance of common stock upon vesting of RSUs and settlement of PSUs, net of shares used for tax withholdings (Amount) (22)   (22)    
Stock-based compensation expense (Shares)   1,839      
Stock-based compensation expense (Amount) 5,018   5,018    
Stock Repurchased and Retired During Period (Shares)   (712,235)      
Stock Repurchased and Retired During Period (Value) 33,095 $ 7 33,088    
Balances, Common Stock, Shares Outstanding, Ending at Mar. 31, 2024   115,036,144      
Balances, Total Stockholders' Equity, Ending at Mar. 31, 2024 $ 3,698,251 $ 1,150 1,536,929 2,162,771 (2,599)
Net dividends declared per common share $ 0.36        
Balances, Common Stock, Shares Outstanding, Beginning at Dec. 31, 2023   115,745,393      
Balances, Total Stockholders' Equity, Beginning at Dec. 31, 2023 $ 3,615,850 $ 1,157 1,565,021 2,052,279 (2,607)
Increase (Decrease) in Stockholders' Equity          
Net income 341,492        
Other comprehensive income $ 15        
Stock Repurchased and Retired During Period (Shares) (1,800,000)        
Balances, Common Stock, Shares Outstanding, Ending at Jun. 30, 2024   114,068,885      
Balances, Total Stockholders' Equity, Ending at Jun. 30, 2024 $ 3,843,940 $ 1,141 1,492,859 2,352,532 (2,592)
Net dividends declared per common share $ 0.18        
Balances, Common Stock, Shares Outstanding, Beginning at Mar. 31, 2024   115,036,144      
Balances, Total Stockholders' Equity, Beginning at Mar. 31, 2024 $ 3,698,251 $ 1,150 1,536,929 2,162,771 (2,599)
Increase (Decrease) in Stockholders' Equity          
Net income 210,293     210,293  
Other comprehensive income 7       7
Net cash dividends declared (20,532)     (20,532)  
Issuance of common stock under Employee Stock Purchase Plan (Shares)   56,006      
Issuance of common stock under Employee Stock Purchase Plan (Amount) 1,844 $ 1 1,843    
Stock-based compensation expense (Shares)   35,691      
Stock-based compensation expense (Amount) $ 5,788 $ 1 5,787    
Stock Repurchased and Retired During Period (Shares) (1,100,000) (1,058,956)      
Stock Repurchased and Retired During Period (Value) $ 51,711 $ 11 51,700    
Balances, Common Stock, Shares Outstanding, Ending at Jun. 30, 2024   114,068,885      
Balances, Total Stockholders' Equity, Ending at Jun. 30, 2024 $ 3,843,940 $ 1,141 1,492,859 2,352,532 (2,592)
Net dividends declared per common share $ 0.20        
Balances, Common Stock, Shares Outstanding, Beginning at Dec. 31, 2024 114,461,934 114,461,934      
Balances, Total Stockholders' Equity, Beginning at Dec. 31, 2024 $ 4,237,257 $ 1,145 1,501,779 2,735,494 (1,161)
Increase (Decrease) in Stockholders' Equity          
Net income 182,269     182,269  
Other comprehensive income 14       14
Net cash dividends declared (22,893)     (22,893)  
Issuance of common stock upon vesting of RSUs and settlement of PSUs, net of shares used for tax withholdings (Shares)   284      
Issuance of common stock upon vesting of RSUs and settlement of PSUs, net of shares used for tax withholdings (Amount) (3)   (3)    
Stock-based compensation expense (Amount) 7,089   7,089    
Balances, Common Stock, Shares Outstanding, Ending at Mar. 31, 2025   114,462,218      
Balances, Total Stockholders' Equity, Ending at Mar. 31, 2025 $ 4,403,733 $ 1,145 1,508,865 2,894,870 (1,147)
Net dividends declared per common share $ 0.40        
Balances, Common Stock, Shares Outstanding, Beginning at Dec. 31, 2024 114,461,934 114,461,934      
Balances, Total Stockholders' Equity, Beginning at Dec. 31, 2024 $ 4,237,257 $ 1,145 1,501,779 2,735,494 (1,161)
Increase (Decrease) in Stockholders' Equity          
Net income 383,934        
Other comprehensive income $ 26        
Stock Repurchased and Retired During Period (Shares) 0        
Balances, Common Stock, Shares Outstanding, Ending at Jun. 30, 2025 114,634,725 114,634,725      
Balances, Total Stockholders' Equity, Ending at Jun. 30, 2025 $ 4,590,098 $ 1,146 1,516,542 3,073,545 (1,135)
Net dividends declared per common share $ 0.20        
Balances, Common Stock, Shares Outstanding, Beginning at Mar. 31, 2025   114,462,218      
Balances, Total Stockholders' Equity, Beginning at Mar. 31, 2025 $ 4,403,733 $ 1,145 1,508,865 2,894,870 (1,147)
Increase (Decrease) in Stockholders' Equity          
Net income 201,665     201,665  
Other comprehensive income 12       12
Net cash dividends declared (22,990)     (22,990)  
Issuance of common stock under Employee Stock Purchase Plan (Shares)   90,314      
Issuance of common stock under Employee Stock Purchase Plan (Amount) 1,927 $ 1 1,926    
Stock-based compensation expense (Shares)   82,193      
Stock-based compensation expense (Amount) $ 5,751   5,751    
Stock Repurchased and Retired During Period (Shares) 0        
Balances, Common Stock, Shares Outstanding, Ending at Jun. 30, 2025 114,634,725 114,634,725      
Balances, Total Stockholders' Equity, Ending at Jun. 30, 2025 $ 4,590,098 $ 1,146 $ 1,516,542 $ 3,073,545 $ (1,135)