v3.25.1
Consolidated Statements of Stockholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Total
Treasury Stock, Common
Additional Paid-in Capital
Retained Earnings
AOCI Attributable to Parent
Class A Non-voting Common Stock
Class A Non-voting Common Stock
Common Stock
Class B
Class B
Common Stock
Class C
Class C
Common Stock
Common stock, beginning of period (in shares) at Dec. 31, 2023     0 0 0   1,391,341   22,528   231,627
Treasury stock, beginning of period (in shares) at Dec. 31, 2023   49,200                  
Balance, beginning of period at Dec. 31, 2023   $ (479,903) $ 14,613,404 $ (11,726,536) $ 7,131   $ 14   $ 0   $ 2
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Shares issued in connection with exercise of stock options under stock-based compensation plans (in shares)             5        
Issuance of Class A non-voting common stock for vesting of restricted stock units and restricted stock awards, net (in shares)             18,232        
Repurchases of Class A non-voting common stock (in shares)             (21,020)        
Reissuances of Class A non-voting common stock for vesting of restricted stock units (in shares)   407         407        
Repurchases of Class A non-voting common stock (in shares)   21,020                  
Repurchases of Class A non-voting common stock   $ (235,114)                  
Retirement of Class A non-voting common stock (in shares)   (21,020)                  
Retirement of Class A non-voting common stock   $ 235,114   (235,114)              
Reissuances of Class A non-voting common stock for vesting of restricted stock units   $ 3,964 (3,963)                
Stock-based compensation expense     263,752                
Shares issued in connection with exercise of stock options under stock-based compensation plans     $ 68                
Net loss $ (305,090)     $ (305,090)   $ (258,022)   $ (4,172)   $ (42,896)  
Other comprehensive income (loss), net of tax $ (6,381)       $ (6,381)            
Common stock, end of period (in shares) at Mar. 31, 2024 1,691,913   0 0 0   1,388,965   22,528   231,627
Treasury stock, end of period (in shares) at Mar. 31, 2024   48,793                  
Balance, end of period at Mar. 31, 2024 $ 2,131,348 $ (475,939) $ 14,873,261 $ (12,266,740) $ 750   $ 14   $ 0   $ 2
Common stock, beginning of period (in shares) at Dec. 31, 2024     0 0 0 1,436,495 1,436,495   22,523 231,627 231,627
Treasury stock, beginning of period (in shares) at Dec. 31, 2024   47,222       47,222          
Balance, beginning of period at Dec. 31, 2024 2,450,761 $ (460,620) $ 15,644,132 $ (12,735,461) $ 2,694   $ 14   $ 0   $ 2
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Shares issued in connection with exercise of stock options under stock-based compensation plans (in shares)             0        
Issuance of Class A non-voting common stock for vesting of restricted stock units and restricted stock awards, net (in shares)             22,110        
Repurchases of Class A non-voting common stock (in shares)             (27,319)        
Reissuances of Class A non-voting common stock for vesting of restricted stock units (in shares)   1,242         1,242        
Repurchases of Class A non-voting common stock (in shares)   27,319                  
Repurchases of Class A non-voting common stock   $ (257,100)                  
Retirement of Class A non-voting common stock (in shares)   (27,319)       (27,300)          
Retirement of Class A non-voting common stock   $ 257,100   (257,100)   $ (257,100)          
Reissuances of Class A non-voting common stock for vesting of restricted stock units   $ 12,111 (12,111)                
Stock-based compensation expense     247,338                
Shares issued in connection with exercise of stock options under stock-based compensation plans     $ 0                
Net loss (139,587)     $ (139,587)   $ (118,674)   $ (1,853)   $ (19,060)  
Other comprehensive income (loss), net of tax $ 9,923       $ 9,923            
Common stock, end of period (in shares) at Mar. 31, 2025 1,732,658   0 0 0 1,432,528 1,432,528 22,523 22,523 231,627 231,627
Treasury stock, end of period (in shares) at Mar. 31, 2025   45,980       45,980          
Balance, end of period at Mar. 31, 2025 $ 2,311,335 $ (448,509) $ 15,879,359 $ (13,132,148) $ 12,617   $ 14   $ 0   $ 2