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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash Flows from Operating Activities:    
Net income $ 811,276 $ 671,718
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 106,462 96,230
Impairment charge 0 250
Provision for credit losses 5,979 5,080
Deferred income taxes 99,675 (28,870)
Share-based compensation expense 43,902 46,037
Other 3,244 1,034
Changes in assets and liabilities:    
Accounts receivable (82,586) (56,087)
Inventories (2,202) (24,756)
Other assets and liabilities (160,944) (45,272)
Accounts payable (4,977) 2,347
Deferred revenue 6,216 (735)
Net cash provided by operating activities 826,045 666,976
Cash Flows from Investing Activities:    
Purchases of property and equipment (95,242) (91,667)
Acquisition of intangible assets (13,350) 0
Equity investments (756) 0
Acquisition of a business 0 (76,694)
Proceeds from net investment hedges 1,239 1,142
Net cash used by investing activities (108,109) (167,219)
Cash Flows from Financing Activities:    
Borrowings under credit facility, net 205,000 0
Payments of senior notes (103,386) (75,000)
Repurchases of common stock (979,190) (591,042)
Proceeds from exercises of stock options and employee stock purchase plans 75,493 31,237
Shares withheld for statutory tax withholding payments on restricted stock (7,179) (10,486)
Net cash used by financing activities (809,262) (645,291)
Net effect of changes in exchange rates on cash 11,226 238
Net decrease in cash and cash equivalents (80,100) (145,296)
Cash and cash equivalents at beginning of period 288,266 453,932
Cash and cash equivalents at end of period 208,166 308,636
Supplemental Cash Flow Information:    
Unpaid property and equipment, reflected in accounts payable and accrued liabilities $ 6,778 $ 10,405