v3.24.2
Selected Quarterly Financial Data - Equity Statement (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 06, 2024
Mar. 06, 2024
Jun. 06, 2023
Mar. 06, 2023
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance         $ 1,884,484 $ 1,590,119 $ 1,841,408 $ 1,497,306
Offering costs         0     (223)
Dividends         (11,841) $ (8,761) (23,805) (17,877)
Share repurchase (shares)           (60,094,000)    
Share repurchases         (29,576)   (59,743) (134,742)
Excise tax on share repurchases         30   (259) (1,178)
Stock-based compensation expense         6,870 $ 7,965 14,197 15,143
Vesting of restricted stock units, net         (19,767) (9,320) (19,767) (9,320)
Currency translation adjustment         (1,726) 2,000 (5,449) 1,530
Net income         108,421 152,671 190,313 315,417
Ending balance         $ 1,936,895 $ 1,673,941 $ 1,936,895 $ 1,673,941
Common stock, dividends, per share, declared (in dollars per share)         $ 0.07 $ 0.05 $ 0.14 $ 0.10
Total Stockholders’ Equity                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance               $ 1,495,017
Offering costs               (223)
Dividends               (17,877)
Share repurchases               (134,719)
Excise tax on share repurchases               (1,178)
Stock-based compensation expense               15,140
Vesting of restricted stock units, net               (9,319)
Currency translation adjustment               1,529
Net income               315,326
Ending balance           $ 1,673,941   1,673,941
Additional Paid in Capital                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance         $ 1,070,383 1,208,183 $ 1,093,498 1,266,097
Offering costs         0     (223)
Share repurchases         (29,563) (60,047) (59,715) (134,620)
Excise tax on share repurchases         30 (639) (259) (1,178)
Stock-based compensation expense         6,870 7,965 14,197 15,140
Vesting of restricted stock units, net         (19,781) (9,332) (19,782) (9,331)
Ending balance         1,027,939 1,146,130 1,027,939 1,146,130
Retained Earnings                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance         822,256 388,064 752,328 234,525
Dividends         (11,841) (8,761) (23,805) (17,877)
Net income         108,421 152,671 190,313 315,326
Ending balance         918,836 531,974 918,836 531,974
Accumulated Other Comprehensive Loss                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance         (9,807) (7,867) (6,084) (7,396)
Currency translation adjustment         (1,726) 2,000 (5,449) 1,529
Ending balance         $ (11,533) (5,867) $ (11,533) (5,867)
Non-controlling Interest                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance               2,289
Offering costs               0
Share repurchases               (23)
Stock-based compensation expense               3
Vesting of restricted stock units, net               (1)
Currency translation adjustment               1
Net income               91
Ending balance           $ 0   $ 0
Common Class A                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares)             166,610,199  
Ending balance (in shares)         165,332,351   165,332,351  
Common Class A | Common Stock                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares)         165,202,000 173,945,000 166,610,000 178,753,000
Beginning balance         $ 1,652 $ 1,739 $ 1,666 $ 1,788
Share repurchase (shares)         (1,320,000) (4,722,000) (2,800,000) (9,889,000)
Share repurchases         $ (13) $ (47) $ (28) $ (99)
Vesting of restricted stock units, net (in shares)         1,450,000 1,170,000 1,522,000 1,279,000
Vesting of restricted stock units, net         $ 14 $ 12 $ 15 $ 12
Ending balance (in shares)         165,332,000 170,393,000 165,332,000 170,393,000
Ending balance         $ 1,653 $ 1,704 $ 1,653 $ 1,704
Common stock, dividends, per share, declared (in dollars per share) $ 0.07 $ 0.07 $ 0.05 $ 0.05        
Common Class B                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares)             0  
Ending balance (in shares)         0   0  
Common Class B | Common Stock                
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares)         0 0 0 250,000
Beginning balance         $ 0 $ 0 $ 0 $ 3
Ending balance (in shares)         0 0 0 0
Ending balance         $ 0 $ 0 $ 0 $ 0