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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Balance (in shares) at Dec. 31, 2022   107,610      
Balance at Dec. 31, 2022 $ 779,297 $ 108 $ 1,297,408 $ (513,256) $ (4,963)
Increase (Decrease) in Stockholders' Equity          
Exercise of the convertible senior note hedges in connection with the conversion of convertible senior notes and retirement of the corresponding shares (in shares)   (300)      
Balance (in shares) at Mar. 31, 2023   108,845      
Balance at Mar. 31, 2023 761,729 $ 109 1,286,570 (521,415) (3,535)
Balance (in shares) at Dec. 31, 2022   107,610      
Balance at Dec. 31, 2022 779,297 $ 108 1,297,408 (513,256) (4,963)
Increase (Decrease) in Stockholders' Equity          
Net income 172,161     172,161  
Foreign currency translation adjustment 330       330
Unrealized gain (loss) on marketable securities, net of tax 1,604       1,604
Issuance of common stock upon exercise of options, equity stock and employee stock purchase plan, net of withholding taxes (in shares)   1,323      
Issuance of common stock upon exercise of options, equity stock and employee stock purchase plan, net of withholding taxes (26,837) $ 1 (26,838)    
Issuance of common stock in connection with the payment of year 1 earn-out related to the PLDA Group acquisition (in shares)   198      
Issuance of common stock in connection with the payment of year 1 earn-out related to the PLDA Group acquisition 5,022   5,022    
Stock-based compensation 24,438   24,438    
Issuance of common stock in connection with the maturity of the convertible senior notes related to the settlement of the in-the-money conversion feature of the convertible senior notes (in shares)   284      
Exercise of the convertible senior note hedges in connection with the conversion of convertible senior notes and retirement of the corresponding shares (in shares)   (284)      
Exercise of the convertible senior note hedges in connection with the conversion of convertible senior notes and retirement of the corresponding shares     11,440 (11,440)  
Retirement of warrants (10,457)   (10,457)    
Balance (in shares) at Jun. 30, 2023   109,131      
Balance at Jun. 30, 2023 945,558 $ 109 1,301,013 (352,535) (3,029)
Balance (in shares) at Mar. 31, 2023   108,845      
Balance at Mar. 31, 2023 761,729 $ 109 1,286,570 (521,415) (3,535)
Increase (Decrease) in Stockholders' Equity          
Net income 168,880     168,880  
Foreign currency translation adjustment 125       125
Unrealized gain (loss) on marketable securities, net of tax 381       381
Issuance of common stock upon exercise of options, equity stock and employee stock purchase plan, net of withholding taxes (in shares)   286      
Issuance of common stock upon exercise of options, equity stock and employee stock purchase plan, net of withholding taxes 3,068   3,068    
Stock-based compensation 11,375   11,375    
Balance (in shares) at Jun. 30, 2023   109,131      
Balance at Jun. 30, 2023 945,558 $ 109 1,301,013 (352,535) (3,029)
Balance (in shares) at Dec. 31, 2023   107,854      
Balance at Dec. 31, 2023 1,038,101 $ 108 1,324,796 (285,534) (1,269)
Balance (in shares) at Mar. 31, 2024   107,781      
Balance at Mar. 31, 2024 991,592 $ 108 1,293,923 (300,583) (1,856)
Balance (in shares) at Dec. 31, 2023   107,854      
Balance at Dec. 31, 2023 1,038,101 $ 108 1,324,796 (285,534) (1,269)
Increase (Decrease) in Stockholders' Equity          
Net income 68,954     68,954  
Foreign currency translation adjustment (148)       (148)
Unrealized gain (loss) on marketable securities, net of tax (549)       (549)
Issuance of common stock upon exercise of options, equity stock and employee stock purchase plan, net of withholding taxes (in shares)   864      
Issuance of common stock upon exercise of options, equity stock and employee stock purchase plan, net of withholding taxes (35,242) $ 1 (35,243)    
Issuance of common stock in connection with the payment of year 1 earn-out related to the PLDA Group acquisition 0        
Repurchase and retirement of common stock under repurchase program (in shares)   (1,038)      
Repurchase and retirement of common stock under repurchase program (63,370) $ (1) (15,422) (47,947)  
Stock-based compensation 21,146   21,146    
Balance (in shares) at Jun. 30, 2024   107,680      
Balance at Jun. 30, 2024 1,028,892 $ 108 1,295,277 (264,527) (1,966)
Balance (in shares) at Mar. 31, 2024   107,781      
Balance at Mar. 31, 2024 991,592 $ 108 1,293,923 (300,583) (1,856)
Increase (Decrease) in Stockholders' Equity          
Net income 36,056     36,056  
Foreign currency translation adjustment (53)       (53)
Unrealized gain (loss) on marketable securities, net of tax (57)       (57)
Issuance of common stock upon exercise of options, equity stock and employee stock purchase plan, net of withholding taxes (in shares)   120      
Issuance of common stock upon exercise of options, equity stock and employee stock purchase plan, net of withholding taxes 2,261   2,261    
Repurchase and retirement of common stock under repurchase program (in shares)   (221)      
Repurchase and retirement of common stock under repurchase program (12,558)   (12,558)    
Stock-based compensation 11,651   11,651    
Balance (in shares) at Jun. 30, 2024   107,680      
Balance at Jun. 30, 2024 $ 1,028,892 $ 108 $ 1,295,277 $ (264,527) $ (1,966)