v3.24.2
Selected Quarterly Financial Data
6 Months Ended
Jun. 30, 2024
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data Selected Quarterly Financial Data
The following tables summarizes consolidated changes in equity for the three months ended June 30, 2024 and 2023:
Shares of Class A Common StockShares of Class B Common StockClass A Common Stock, Par ValueClass B Common Stock, Par ValueAdditional Paid in CapitalRetained EarningsAccumulated Other Comprehensive LossTotal Equity
Balance—March 31, 2024165,202 — $1,652 $— $1,070,383 $822,256 $(9,807)$1,884,484 
Offering Costs— — — — — — — — 
$0.07/share of Class A Common Stock dividend
— — — — — (11,841)— (11,841)
Share repurchases(1,320)— (13)— (29,563)— — (29,576)
Excise tax on share repurchases— — — — 30 — — 30 
Stock-based compensation expense— — — — 6,870 — — 6,870 
Vesting of restricted stock units, net1,450 — 14 — (19,781)— — (19,767)
Currency translation adjustment— — — — — — (1,726)(1,726)
Net income— — — — — 108,421 — 108,421 
Balance—June 30, 2024165,332 — $1,653 $— $1,027,939 $918,836 $(11,533)$1,936,895 
Shares of Class A Common StockShares of Class B Common StockClass A Common Stock, Par ValueClass B Common Stock, Par ValueAdditional Paid in CapitalRetained EarningsAccumulated Other Comprehensive LossTotal Equity
Balance—March 31, 2023173,945 $— $1,739 $— $1,208,183 $388,064 $(7,867)$1,590,119 
$0.05/share of Class A Common Stock dividend
— — — — — (8,761)— (8,761)
Share repurchases(4,722)— (47)— (60,047)— — (60,094)
Excise tax on share repurchases— — — — (639)— — (639)
Stock-based compensation expense— — — — 7,965 — — 7,965 
Vesting of restricted stock units, net1,170 — 12 — (9,332)— — (9,320)
Currency translation adjustment— — — — — — 2,000 2,000 
Net income— — — — — 152,671 — 152,671 
Balance—June 30, 2023170,393 — 1,704 — 1,146,130 531,974 (5,867)$1,673,941