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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2024
Stock-Based Compensation [Abstract]  
Summary of Stock Option Activity

Weighted-

Weighted-Average

Average

Remaining

Number

Exercise Price

Contractual

Aggregate

of Shares

Per Share

Life (in years)

Intrinsic Value

Outstanding at December 31, 2023

1,340

$

168.32

Exercised

(175)

$

130.19

Forfeited/canceled

(2)

$

197.91

Outstanding at June 30, 2024

1,163

$

174.02

1.4

$

27,996

Exercisable at June 30, 2024

1,140

$

172.50

1.3

$

27,996

Unvested at June 30, 2024

23

$

252.81

8.6

$

Summary of Restricted Stock Unit and Performance Based Restricted Stock Unit Activity

RSUs

PSUs (1)

Weighted-Average

Weighted-Average

Number of

Grant Date Fair

Number of

Grant Date Fair

Shares

Value per Share

Shares

Value per Share

(in thousands)

(in thousands)

Outstanding at December 31, 2023

267

$

269.08

368

$

298.46

Granted

267

$

216.02

59

$

291.51

PSU adjustment (2)

$

11

$

236.63

Vested

(116)

$

270.65

(155)

$

236.32

Forfeited/canceled

(9)

$

244.31

(2)

$

377.74

Outstanding at June 30, 2024

409

$

234.49

281

$

314.04

(1)PSUs represent the target number of shares granted that are issuable at the end of the three year performance period. Fair value for a portion of the PSUs was calculated using a Monte Carlo simulation model.

(2)PSU adjustment represents the net PSUs awarded above or below their target grants resulting from the achievement of performance targets established at the grant date.