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Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Stock-based Compensation Expense

Total stock‑based compensation expense consists of the following:

			Year Ended December 31,
			2024						2023						2022
Restricted stock and RSUs expense			$	58,921					$	54,606					$	40,754
Bonus Plan expense (see Note 11)			12,344						14,801						28,571
ESPP expense (see Note 13)			2,426						2,407						2,890
Stock grants expense			600						600						450
Stock option expense			—						343						2,150
DCP elective participant deferrals expense (1) (see Note 12)			126						215						391
Total stock-based compensation expense (2)			$	74,417					$	72,972					$	75,206

(1)DCP elective participant deferrals expense excludes deferred incentive bonus payable pursuant to the Bonus Plan.

(2)As of December 31, 2024 and 2023, $1,556 and $4,043 remained in Accruals and other current liabilities in the consolidated balance sheets, respectively.

Total stock‑based compensation expense is included in the consolidated statements of operations as follows:

			Year Ended December 31,
			2024						2023						2022
Cost of subscriptions and licenses			$	1,506					$	4,444					$	2,781
Cost of services			3,142						3,196						2,055
Research and development			20,862						19,380						27,209
Selling and marketing			12,972						11,565						8,898
General and administrative			35,935						34,387						34,263
Total stock-based compensation expense			$	74,417					$	72,972					$	75,206

Schedule of Restricted Stock and Restricted Stock Unit Activity

The following is a summary of unvested restricted stock and RSUs activity and related information:

																					Time-						Performance-
																					Based						Based
									Time-												Weighted						Weighted
			Total						Based												Average						Average
			Restricted						Restricted						Performance-						Grant Date						Grant Date
			Stock						Stock						Based						Fair Value						Fair Value
			and RSUs						and RSUs						RSUs						Per Share						Per Share
Unvested, December 31, 2023			3,303,849						2,938,208			(3)			365,641			(5)			$	39.87					$	39.21
Granted			1,661,929			(1)			1,455,017			(4)			206,912			(6)			50.48						49.49
Vested			(1,237,464)						(1,055,674)						(181,790)						38.06						39.15
Forfeited and canceled			(311,305)						(269,848)						(41,457)						40.68						43.42
Unvested, December 31, 2024			3,417,009			(2)			3,067,703						349,306						$	45.45					$	44.83

(1)For the year ended December 31, 2024, the Company only granted RSUs.

(2)Includes 34,652 RSUs which are expected to be settled in cash.

(3)Includes 199,076 time‑based RSUs granted during the three months ended March 31, 2022 to certain officers and key employees, which cliff vest on January 31, 2025.

(4)Includes 300,964 time‑based RSUs granted during the three months ended June 30, 2024 to certain officers, which vest 20% on each of December 15, 2025, 2026, 2027, 2028, and 2029.

(5)Primarily relates to the 2023 annual performance period. Includes 185,186 performance‑based RSUs granted during the year ended December 31, 2022 with extraordinary terms, which are described below.

(6)Primarily relates to the 2024 annual performance period. Includes 1,335 additional shares earned based on the achievement of 2023 performance goals for performance-based RSUs granted during the year ended December 31, 2023.

Schedule of Stock Option Activity

The following is a summary of stock option activity and related information:

									Weighted
									Average
			Stock						Exercise Price
			Options						Per Share
Outstanding, December 31, 2023			916,429						$	5.74
Exercised			(911,429)						5.74
Forfeited and expired			(5,000)						5.74
Outstanding, December 31, 2024			—						$	0.00

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Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

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