XML 149 R58.htm IDEA: XBRL DOCUMENT v3.24.0.1
STOCK-BASED COMPENSATION - Narrative (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 12 Months Ended
Jan. 01, 2024
shares
Jan. 01, 2022
Jun. 30, 2021
day
tranche
$ / shares
shares
Feb. 28, 2021
USD ($)
$ / shares
shares
Dec. 31, 2023
USD ($)
shares
Dec. 31, 2022
USD ($)
shares
Dec. 31, 2021
USD ($)
tranche
Jul. 30, 2021
$ / shares
Jul. 26, 2021
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Granted (in shares) | shares         0 0      
Aggregate intrinsic value, exercised         $ 192,456 $ 140,884 $ 194,513    
Compensation expense         95,221 73,820 40,804    
Unrecognized compensation cost, options         1,393        
Unrecognized compensation cost         201,826        
Closing trading price, specified calendar day | day     60            
Fair market value of share price (in usd per share) | $ / shares       $ 38.08          
Payments for repurchase of stock options         $ 0 0 7,335    
Options repurchased             7,335    
Common stock repurchased and retired             868    
Additional Paid-In Capital                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Common stock repurchased and retired             868    
Tender Offer                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Compensation expense       $ 5,275          
Sale of stock, percentage sold, maximum       10.00%          
Sale of stock, price per share (in usd per share) | $ / shares       $ 59.77          
Payments for repurchase of stock options       $ 13,479          
Stock returned during the period (in shares) | shares       220,000          
Common stock repurchased and retired (in shares) | shares       23,000          
Common stock repurchased and retired       $ 868          
Tender Offer | Additional Paid-In Capital                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Options repurchased       $ 7,335          
Stock options outstanding                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Unrecognized compensation cost, weighted-average period of recognition (in years)         7 months        
Number of options available for grant (in shares) | shares         9,404,000        
RSUs outstanding                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting period (in years)         4 years        
Compensation expense             2,035    
Unrecognized compensation cost, weighted-average period of recognition (in years)         3 years        
Unrecognized compensation expense, excluding options         $ 200,433        
Equity instruments other than options, grants in period (in shares) | shares         873,000        
Performance Based RSUs                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Compensation expense         $ 26,622 $ 30,997 16,463    
Unrecognized compensation expense, excluding options         36,735        
Performance Based RSUs | IPO                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Compensation expense             $ 5,574    
Performance Based RSUs | Minimum                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Award service period (in years)     3 years 6 months 29 days            
Performance Based RSUs | Maximum                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Award service period (in years)     5 years 11 months 1 day            
Performance Based RSUs | Founders                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Unrecognized compensation expense, excluding options         $ 110,817        
Equity instruments other than options, grants in period (in shares) | shares     1,800,000            
Settlement period after vesting (in years)     1 year            
Award vesting percentage (in percent)     25.00%            
Number of tranches | tranche     10            
Award service period (in years)     10 years            
Performance Based RSUs | Founders | Tranche One and Two                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Number of tranches | tranche             2    
Release of performance stock units (in shares) | shares         180,000        
Shares disbursed to founders in net-share settlement (in shares) | shares         96,000        
Shares withheld for taxes (in shares) | shares         84,000        
Performance Based RSUs | Share-Based Payment Arrangement, Founders                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Weighted average grant date fair value (in usd per share) | $ / shares     $ 61.56            
Common Class A | IPO                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Sale of stock, price per share (in usd per share) | $ / shares               $ 102.00  
2021 Plan | Common Class A                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Common stock reserved for future issuance (in shares) | shares                 7,946,000
Share-based compensation, shares outstanding increase, maximum amount (in percent)   5.00%              
2021 Plan | Common Class A | Subsequent Event                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Additional shares authorized (in shares) | shares 2,126,000                
Employee Stock Purchase Plan | Common Class A                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Common stock reserved for future issuance (in shares) | shares                 1,119,000
2011 Equity Incentive Plan                  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                  
Vesting period (in years)         4 years        
Share-based compensation, term of award (in years)         10 years        
Granted (in shares) | shares         0