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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 20,017 $ (55,349)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 49,565 53,318
Non-cash reduction to the right-of-use asset 5,170 5,076
Net amortization of investment premium and discount (4,314) (6,029)
Stock-based compensation 139,273 158,606
Amortization of deferred commissions 19,265 18,829
Provision for doubtful accounts 2,453 6,204
Share of losses from equity method investment 19,471 29,575
Other adjustments 5,846 4,996
Changes in operating assets and liabilities:    
Accounts receivable 8,463 15,637
Prepaid expenses and other current assets 33,519 16,901
Other long-term assets (9,416) 6,859
Accounts payable 7,853 (37,762)
Accrued expenses and other current liabilities (94,262) (12,447)
Deferred revenue and customer deposits (1,634) (2,127)
Operating lease liabilities (10,306) (12,470)
Other long-term liabilities 79 306
Net cash provided by operating activities 191,042 190,123
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of marketable securities and other investments (213,844) (435,590)
Proceeds from sales and maturities of marketable securities 207,431 638,185
Capitalized software development costs (11,564) (11,154)
Purchases of long-lived and intangible assets (1,163) (1,671)
Net cash (used in) provided by investing activities (19,140) 189,770
CASH FLOWS FROM FINANCING ACTIVITIES:    
Principal payments on finance leases (2,251) (4,832)
Value of equity awards withheld for tax liabilities (53) (1,918)
Repurchases of shares of Class A common stock and related costs (126,256) (356,900)
Proceeds from exercises of stock options 2,766 421
Net cash used in financing activities (125,794) (363,229)
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 46,108 16,664
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—Beginning of period 431,437 655,931
CASH, CASH EQUIVALENTS AND RESTRICTED CASH —End of period 477,545 672,595
Cash paid for income taxes, net 5,257 10,761
Cash paid for interest 18,791 18,893
RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO THE CONDENSED CONSOLIDATED BALANCE SHEETS    
Cash and cash equivalents 467,094 672,595
Restricted cash in other long-term assets 10,451 0
Total cash, cash equivalents and restricted cash $ 477,545 $ 672,595