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CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (DEFICIT) - USD ($)
$ in Thousands
Common stock [Member]
Additional paid-in capital [Member]
Retained earnings (deficit) [Member]
Accumulated other comprehensive income (loss) [Member]
Total
Balance at beginning of period at Dec. 31, 2022 $ 624 $ 1,311,488 $ (2,375,860) $ 2,996 $ (1,060,752)
Balance (in shares) at Dec. 31, 2022 62,353,000        
Net Income (Loss)     1,144,250   1,144,250
Other comprehensive income (loss)       33,075 33,075
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes   11,410     11,410
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes, shares 15,000        
Net issuance of common stock upon exercise of stock options $ 1 38,798     38,799
Net issuance of common stock upon exercise of stock options, shares 143,000        
Share-based compensation   13,655     13,655
Share repurchases, including fees $ (21) (45,081) (1,746,349)   $ (1,791,451)
Share repurchases, including fees, shares (2,109,000)       (2,109,000)
Excise tax on net share repurchases     (16,459)   $ (16,459)
Balance at end of period at Jun. 30, 2023 $ 604 1,330,270 (2,994,418) 36,071 (1,627,473)
Balance (in shares) at Jun. 30, 2023 60,402,000        
Balance at beginning of period at Mar. 31, 2023 $ 610 1,305,276 (2,952,797) 21,894 (1,625,017)
Balance (in shares) at Mar. 31, 2023 61,039,000        
Net Income (Loss)     627,365   627,365
Other comprehensive income (loss)       14,177 14,177
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes   6,117     6,117
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes, shares 7,000        
Net issuance of common stock upon exercise of stock options $ 1 28,543     28,544
Net issuance of common stock upon exercise of stock options, shares 108,000        
Share-based compensation   6,675     6,675
Share repurchases, including fees $ (7) (16,341) (663,642)   $ (679,990)
Share repurchases, including fees, shares (752,000)       (752,000)
Excise tax on net share repurchases     5,344   $ 5,344
Balance at end of period at Jun. 30, 2023 $ 604 1,330,270 (2,994,418) 36,071 (1,627,473)
Balance (in shares) at Jun. 30, 2023 60,402,000        
Balance at beginning of period at Dec. 31, 2023 $ 591 1,352,275 (3,131,532) 39,388 $ (1,739,278) [1]
Balance (in shares) at Dec. 31, 2023 59,073,000       59,072,792
Net Income (Loss)     1,170,086   $ 1,170,086
Other comprehensive income (loss)       (30,496) (30,496)
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes   12,404     12,404
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes, shares 14,000        
Net issuance of common stock upon exercise of stock options $ 2 62,818     62,820
Net issuance of common stock upon exercise of stock options, shares 199,000        
Share-based compensation   13,273     13,273
Share repurchases, including fees $ (11) (24,971) (1,038,809)   $ (1,063,791)
Share repurchases, including fees, shares (1,047,000)       (1,047,000)
Excise tax on net share repurchases     (8,410)   $ (8,410)
Balance at end of period at Jun. 30, 2024 $ 582 1,415,799 (3,008,665) 8,892 $ (1,583,392)
Balance (in shares) at Jun. 30, 2024 58,239,000       58,238,711
Balance at beginning of period at Mar. 31, 2024 $ 590 1,410,756 (2,849,108) 46,564 $ (1,391,198)
Balance (in shares) at Mar. 31, 2024 58,982,000        
Net Income (Loss)     622,848   622,848
Other comprehensive income (loss)       (37,672) (37,672)
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes   6,797     6,797
Issuance of common stock under employee benefit plans, net of forfeitures and shares withheld to cover taxes, shares 8,000        
Net issuance of common stock upon exercise of stock options   10,404     10,404
Net issuance of common stock upon exercise of stock options, shares 34,000        
Share-based compensation   6,725     6,725
Share repurchases, including fees $ (8) (18,883) (774,881)   $ (793,772)
Share repurchases, including fees, shares (785,000)       (785,000)
Excise tax on net share repurchases     7,524   $ 7,524
Balance at end of period at Jun. 30, 2024 $ 582 $ 1,415,799 $ (3,008,665) $ 8,892 $ (1,583,392)
Balance (in shares) at Jun. 30, 2024 58,239,000       58,238,711
[1] The balance sheet at December 31, 2023, has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by United States generally accepted accounting principles for complete financial statements.