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Employee Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Stock Option Activity

The following table summarizes our stock option activity:

 

 

 

 

 

Weighted

 

 

Weighted

 

 

 

 

 

 

 

 

 

Average

 

 

Average

 

 

 

 

 

 

 

 

 

Exercise

 

 

Remaining

 

 

Aggregate

 

 

 

Options

 

 

Price

 

 

Years

 

 

Intrinsic Value

 

 

 

(in thousands)

 

 

 

 

 

 

 

 

(in thousands)

 

Outstanding at December 31, 2023

 

 

57

 

 

$

9.88

 

 

 

 

 

 

 

Exercised

 

 

(32

)

 

 

8.87

 

 

 

 

 

 

 

Forfeited

 

 

 

 

 

 

 

 

 

 

 

 

Outstanding at December 31, 2024

 

 

25

 

 

 

11.17

 

 

 

1.0

 

 

$

3,303

 

Exercisable at December 31, 2024

 

$

25

 

 

$

11.17

 

 

 

1.0

 

 

$

3,303

 

Service Condition Based Restricted Stock Unit Grants  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Restricted Stock Unit Activity The following table summarizes activity for RSUs subject solely to service conditions for the year ended December 31, 2024:

 

 

 

 

 

Weighted

 

 

 

 

 

 

Average Grant

 

 

 

Shares

 

 

Date Fair Value

 

 

 

(in thousands)

 

 

 

 

Nonvested at December 31, 2023

 

 

1,118

 

 

$

68.35

 

Granted

 

 

280

 

 

 

186.61

 

Vested

 

 

(716

)

 

 

62.46

 

Forfeited

 

 

(46

)

 

 

105.95

 

Nonvested at December 31, 2024

 

 

636

 

 

$

124.37

 

Performance Market and Service Condition Based Restricted Stock Unit Grants  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Summary of Restricted Stock Unit Activity The following table summarizes activity for these RSUs for the year ended December 31, 2024:

 

 

 

 

 

Weighted

 

 

 

 

 

 

Average Grant

 

 

 

Shares

 

 

Date Fair Value

 

 

 

(in thousands)

 

 

 

 

Nonvested at December 31, 2023

 

 

406

 

 

$

72.22

 

Granted

 

 

86

 

 

 

201.97

 

Performance & market achievement adjustment (1)

 

 

73

 

 

 

47.85

 

Vested

 

 

(185

)

 

 

47.85

 

Forfeited

 

 

(22

)

 

 

105.81

 

Nonvested at December 31, 2024

 

 

358

 

 

$

108.87

 

 

(1) Represents RSUs granted prior to 2024 for which the performance and market achievement period was completed in 2024, resulting in incremental unit awards granted. These incremental awards are also included in the amount vested in 2024.