| Schedule of Activity Related to Stock Option Plans |
The following table summarizes the activities related to the Company’s stock options: | | | | | | | | | | | | | | | | | Options Outstanding | | | | | | Number of
Shares | | Weighted-
Average
Exercise Price
(per share) | | | | | | Balances as of December 31, 2023 | 19,695,109 | | | $ | 268.86 | | | | | | Granted | 198,574 | | | 526.29 | | | | | Exercised | (1,768,956) | | | 151.68 | | | | | | Expired | (1,181) | | | 57.46 | | | | | | | Balances as of March 31, 2024 | 18,123,546 | | | $ | 283.13 | | | | | | | Vested and expected to vest as of March 31, 2024 | 18,123,546 | | | $ | 283.13 | | | | | | | Exercisable as of March 31, 2024 | 17,919,888 | | | $ | 281.72 | | | | | |
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| Schedule of Unvested Restricted Stock Units |
The following table summarizes the activities related to the Company’s unvested RSUs and PSUs: | | | | | | | | | | | | | Unvested Restricted Stock Units | | Number of
Shares | | Weighted-
Average
Grant-Date Fair Value
(per share) | | Balances as of December 31, 2023 | — | | | $ | — | | Granted | 159,978 | | | 686.36 | Vested | (6,663) | | | 562.00 | | Forfeited | — | | | — | | | Balances as of March 31, 2024 | 153,315 | | | $ | 691.76 | |
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| Schedule of Changes in Accumulated Other Comprehensive Income (Loss) |
The following tables summarize the changes in accumulated balances of other comprehensive income (loss): | | | | | | | | | | | | | | | | | | | | | | | | | Foreign Currency Translation
Adjustments | | Change in Unrealized Gains (Losses) on Cash Flow Hedges | | Tax (expense) benefit | | Total | | (in thousands) | | Balances as of December 31, 2023 | $ | (103,922) | | | $ | (155,730) | | | $ | 35,707 | | | $ | (223,945) | | Other comprehensive income (loss) before reclassifications | (73,052) | | | 229,144 | | | (52,540) | | | 103,552 | | Amounts reclassified from accumulated other comprehensive income (loss) | — | | | 11,047 | | | (2,533) | | | 8,514 | | Net change in accumulated other comprehensive income (loss) | (73,052) | | | 240,191 | | | (55,073) | | | 112,066 | | | Balances as of March 31, 2024 | $ | (176,974) | | | $ | 84,461 | | | $ | (19,366) | | | $ | (111,879) | |
| | | | | | | | | | | | | | | | | | | | | | | | | Foreign Currency Translation
Adjustments | | Change in Unrealized Gains (Losses) on Cash Flow Hedges | | Tax (expense) benefit | | Total | | (in thousands) | | Balances as of December 31, 2022 | $ | (217,306) | | | $ | — | | | $ | — | | | $ | (217,306) | | Other comprehensive income (loss) before reclassifications | 25,611 | | | — | | | — | | | 25,611 | | | | | | | | | | Net change in accumulated other comprehensive income (loss) | 25,611 | | | — | | | — | | | 25,611 | | | Balances as of March 31, 2023 | $ | (191,695) | | | $ | — | | | $ | — | | | $ | (191,695) | |
The following table summarizes the amounts reclassified from AOCI to the Consolidated Statement of Operations: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | | | March 31, 2024 | | | | | | Revenues | | Cost of Revenues | | Provision for Income Taxes | | Total Reclassifications | | | | | | (in thousands) | | Gains (losses) on derivatives in cash flow hedging relationship | | | | | | | | | | | | | Foreign exchange contracts | | | | | | | | | | | | | Amount of gains (losses) reclassified from AOCI | $ | (11,241) | | | $ | 194 | | | $ | 2,533 | | | $ | (8,514) | | | | | |
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