v3.24.2.u1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Balance at Dec. 31, 2022 $ 4,962,566 $ 1,389 $ 4,257,667 $ 703,510
Balance, shares at Dec. 31, 2022   138,864    
Vesting of restricted stock units   $ 7 (7)  
Vesting of restricted stock units, shares   687    
Stock-based compensation expense 11,026   11,026  
Repurchase of common stock [1] $ (627,608) $ (75)   (627,533)
Repurchase of common stock, shares (7,500) (7,546) [1]    
Exercise of stock options $ 315   315  
Exercise of stock options, shares   38    
Shares withheld for restricted stock units vested (22,853) $ (3) (22,850)  
Shares withheld for restricted stock units vested, shares   (276)    
Net income 333,786     333,786
Balance at Mar. 31, 2023 4,657,232 $ 1,318 4,246,151 409,763
Balance, shares at Mar. 31, 2023   131,767    
Balance at Dec. 31, 2022 4,962,566 $ 1,389 4,257,667 703,510
Balance, shares at Dec. 31, 2022   138,864    
Net income 738,405      
Balance at Jun. 30, 2023 4,342,060 $ 1,250 4,249,053 91,757
Balance, shares at Jun. 30, 2023   125,032    
Balance at Mar. 31, 2023 4,657,232 $ 1,318 4,246,151 409,763
Balance, shares at Mar. 31, 2023   131,767    
Vesting of restricted stock units   $ 3 (3)  
Vesting of restricted stock units, shares   319    
Stock-based compensation expense 12,395   12,395  
Repurchase of common stock [1] $ (722,695) $ (70)   (722,625)
Repurchase of common stock, shares (7,000) (6,970) [1]    
Exercise of stock options $ 157   157  
Exercise of stock options, shares   16    
Shares withheld for restricted stock units vested (9,648) $ (1) (9,647)  
Shares withheld for restricted stock units vested, shares   (100)    
Net income 404,619     404,619
Balance at Jun. 30, 2023 4,342,060 $ 1,250 4,249,053 91,757
Balance, shares at Jun. 30, 2023   125,032    
Balance at Dec. 31, 2023 $ 4,732,351 $ 1,219 4,270,948 460,184
Balance, shares at Dec. 31, 2023 121,857 121,857    
Vesting of restricted stock units   $ 4 (4)  
Vesting of restricted stock units, shares   438    
Stock-based compensation expense $ 16,900   16,900  
Repurchase of common stock [2] $ (19,600) $ (1)   (19,599)
Repurchase of common stock, shares (100) (97) [2]    
Exercise of stock options $ 151   151  
Exercise of stock options, shares   21    
Shares withheld for restricted stock units vested (31,876) $ (3) (31,873)  
Shares withheld for restricted stock units vested, shares   (169)    
Net income 258,781     258,781
Balance at Mar. 31, 2024 4,956,708 $ 1,220 4,256,122 699,366
Balance, shares at Mar. 31, 2024   122,049    
Balance at Dec. 31, 2023 $ 4,732,351 $ 1,219 4,270,948 460,184
Balance, shares at Dec. 31, 2023 121,857 121,857    
Net income $ 602,871      
Balance at Jun. 30, 2024 $ 4,304,642 $ 1,164 4,249,572 53,906
Balance, shares at Jun. 30, 2024 116,451 116,451    
Balance at Mar. 31, 2024 $ 4,956,708 $ 1,220 4,256,122 699,366
Balance, shares at Mar. 31, 2024   122,049    
Vesting of restricted stock units   $ 3 (3)  
Vesting of restricted stock units, shares   351    
Stock-based compensation expense 16,726   16,726  
Repurchase of common stock [2] $ (989,608) $ (58)   (989,550)
Repurchase of common stock, shares (5,800) (5,821) [2]    
Exercise of stock options $ 28   28  
Exercise of stock options, shares   2    
Shares withheld for restricted stock units vested (23,302) $ (1) (23,301)  
Shares withheld for restricted stock units vested, shares   (130)    
Net income 344,090     344,090
Balance at Jun. 30, 2024 $ 4,304,642 $ 1,164 $ 4,249,572 $ 53,906
Balance, shares at Jun. 30, 2024 116,451 116,451    
[1] During the three months ended March 31, 2023, and the three months ended June 30, 2023, we repurchased and retired 7.5 million shares and 7.0 million shares of our common stock for $627.6 million and $722.7 million, inclusive of applicable fees and taxes, at an average price of $83.17 and $103.68 per share, respectively.
[2] During the three months ended March 31, 2024, and the three months ended June 30, 2024, we repurchased and retired 0.1 million shares and 5.8 million shares of our common stock for $19.6 million and $989.6 million, inclusive of applicable fees and taxes, at an average price of $202.67 and $170.01 per share, respectively.