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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 32,372 $ (1,877) $ (136,867)
Adjustments to reconcile net income (loss) to cash provided by operating activities:      
Depreciation and amortization 11,858 9,023 8,567
Loss from sale of property and equipment 576 0 0
Share-based compensation 129,209 100,186 104,920
Charitable share contribution to Foundation 17,908 0 0
Amortization of discount and accretion of interest on marketable securities (227) 0 0
Changes in operating assets and liabilities:      
Accounts receivable, net (7,893) (4,685) (4,717)
Prepaid expenses and other assets 16,280 11,840 6,490
Accounts payable 10,406 17,397 (16,072)
Accrued expenses and other liabilities 27,459 14,588 326
Deferred revenue 73,117 68,932 64,491
Net cash provided by operating activities 311,065 215,404 27,138
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property and equipment (13,211) (7,901) (16,003)
Purchase of marketable securities (49,570) 0 0
Investments in affiliated company (6,000) 0 0
Capitalized software development costs (2,024) (2,558) (2,998)
Net cash used in investing activities (70,805) (10,459) (19,001)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from exercise of share options and employee share purchase plan 43,341 21,243 12,181
Receipt (repayment) of tax advance relating to exercises of share options and RSUs, net 11,873 4,046 (21,152)
Capital lease payments 0 0 (84)
Net cash provided by (used in) financing activities 55,214 25,289 (9,055)
INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS 295,474 230,234 (918)
CASH, CASH EQUIVALENTS – Beginning of year 1,116,128 885,894 886,812
CASH, CASH EQUIVALENTS – End of year 1,411,602 1,116,128 885,894
SUPPLEMENTAL DISCLOSURE:      
Cash paid for taxes 6,210 7,560 5,909
Cash paid for interest 0 25 62
NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Non-cash purchases of property and equipment 368 105 205
Capitalized share-based compensation costs 1,144 1,997 1,934
Right-of-use asset recognized with corresponding lease liability $ 68,743 $ 93 $ 97,289