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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Cash flows from operating activities:          
Net income $ 6,356 $ 83,949 $ 163,950 $ 176,685  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization     4,888 2,121  
Allowance for expected credit losses [1]     4,279 1,880  
Amortization of deferred other costs [2]     10,593 10,593  
Inventory excess and obsolescence     17,118 2,677  
Loss on disposal of property and equipment     126 195  
Stock-based compensation expense     13,685 16,221  
Deferred income taxes-net     4,727 (44,303)  
Foreign exchange loss     356 258  
Changes in operating assets and liabilities:          
Accounts receivable-net [3]     (26,529) (153,271)  
Inventories-net     14,585 (28,092)  
Prepaid expenses and other current assets     (20,261) (12,406)  
Accounts payable [4]     (12,259) 16,934  
Accrued expenses [5]     11,151 (2,282)  
Income taxes payable     (49,631) 57,662  
Accrued promotional allowance [6]     59,023 100,580  
Accrued distributor termination fees     (248) (3,986)  
Other current liabilities     4,094 5,239  
Change in right of use and lease obligation-net     17 (64)  
Deferred revenue [2]     (7,135) (10,593)  
Other long-term assets     (5,303) (2)  
Net cash provided by operating activities     187,226 136,046  
Cash flows from investing activities:          
Collections from note receivable     0 3,233  
Purchase of property and equipment [7]     (17,983) (12,687)  
Purchase of non-marketable equity securities     (3,000) 0  
Net cash used in investing activities     (20,983) (9,454)  
Cash flows from financing activities:          
Principal payments on finance lease obligations     (46) (33)  
Proceeds from exercise of stock options     3,832 1,603  
Cash dividends paid on Series A convertible preferred stock [2]     (20,588) (20,512)  
Repurchase of common stock related to tax withholdings (1,700)   (1,658) 0  
Net cash used in financing activities     (18,460) (18,942)  
Effect of exchange rate changes on cash and cash equivalents     (16) (555)  
Net increase in cash and cash equivalents     147,767 107,095  
Cash and cash equivalents at beginning of the period     755,981 652,927 $ 652,927
Cash and cash equivalents at end of the period $ 903,748 $ 760,022 903,748 760,022 $ 755,981
Cash paid for:          
Taxes     $ 99,032 $ 33,049  
[1] Includes $0.5 million and $0.4 million associated with a related party for the nine months ended September 30, 2024 and 2023, respectively.
[2] Amounts in this line item are associated with a related party for all periods presented.
[3] Includes $11.9 million and $(129.3) million associated with a related party for the nine months ended September 30, 2024 and 2023, respectively.
[4] Includes $0.7 million associated with a related party for the nine months ended September 30, 2024 with no balance for 2023.
[5] Includes $(1.0) million and $(0.9) million associated with a related party for the nine months ended September 30, 2024 and 2023, respectively.
[6] Includes $49.5 million and $68.6 million associated with a related party for the nine months ended September 30, 2024 and 2023, respectively.
[7] Includes $(8.8) million and $(6.2) million associated with a related party for the nine months ended September 30, 2024 and 2023, respectively.