XML 55 R45.htm IDEA: XBRL DOCUMENT v3.25.1
STOCK-BASED COMPENSATION - Narrative (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended
Jan. 01, 2025
shares
Jun. 30, 2021
USD ($)
tranche
$ / shares
shares
Mar. 31, 2025
USD ($)
shares
Mar. 31, 2024
USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Granted (in shares) | shares     0  
Aggregate intrinsic value, exercised     $ 90,743 $ 64,343
Unrecognized compensation cost, options     2  
Unrecognized compensation cost     241,922  
Total     $ 31,018 24,985
Stock options outstanding        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Unrecognized compensation cost, weighted-average period of recognition (in years)     1 month  
Number of options available for grant (in shares) | shares     8,905,000  
RSUs outstanding        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Unrecognized compensation cost, weighted-average period of recognition (in years)     3 years  
Unrecognized compensation expense, excluding options     $ 241,920  
Equity instruments other than options, grants in period (in shares) | shares     80,000  
Founder awards where performance has been met        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Unrecognized compensation expense, excluding options     $ 12,822  
Total     $ 4,114 $ 5,540
Founder awards where performance has been met | 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    
Number of tranches | tranche   10    
Award service period (in years)   10 years    
Founder awards where performance has been met | Founders | Tranche One        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Award vesting percentage (in percent)   25.00%    
Founder awards where performance has been met | Founders | Tranche Two        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Award vesting percentage (in percent)   25.00%    
Founder awards where performance has been met | Founders | Tranche Three        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Award vesting percentage (in percent)   25.00%    
Founder awards where performance has been met | Founders | Tranche Four        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Award vesting percentage (in percent)   25.00%    
Founder awards where performance has been met | Minimum        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Award service period (in years)   3 years 6 months 29 days    
Founder awards where performance has been met | Maximum        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Award service period (in years)   5 years 11 months 1 day    
Founder awards where performance has been met | 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    
2021 Plan | Common Class A        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Additional shares authorized (in shares) | shares 2,247,000      
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