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Employee Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2024
Performance Market and Service Condition Based Restricted Stock Unit Grants  
Schedule of Share-based Payment Award, Restricted Stock Unit, Valuation Assumptions The average grant date fair value for these RSUs, with consideration of the market condition, was $201.97 per unit, which was determined using the Monte Carlo simulation model, applying the following assumptions:

 

Expected volatility (Company)

43.8%

Expected volatility (peer group median)

30.5%

Correlation between the Company and peer group median

0.5

Expected dividend yield

0.0%

Risk-free rate

4.5%