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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 185,686 $ 88,662
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 22,069 27,350
Non-cash interest expense 660 990
Accretion of discount on investments (1,362) (2,502)
Stock-based compensation 37,700 58,249
Gain on sale of nonfinancial assets 0 (10,000)
Impairment of assets 2,967 0
Deferred income taxes 28,429 285
Unrealized foreign exchange gain (10,026) (10,804)
Other (1,267) 127
Changes in operating assets and liabilities:    
Accounts receivable, net (57,590) (3,386)
Inventory (24,335) (16,820)
Other current assets (6,327) (17,353)
Other assets (1,624) (12,130)
Accounts payable and accrued liabilities (2,655) (59,006)
Other long-term liabilities 2,069 3,309
Net cash provided by operating activities 174,394 46,971
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (16,768) (26,104)
Maturities and sales of investments 77,804 131,533
Purchases of investments (89,274) (121,665)
Proceeds from sale of nonfinancial assets 0 10,000
Purchase of intangible assets 0 (8,000)
Net cash used in investing activities (28,238) (14,236)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercises of awards under equity incentive plans 0 7,197
Taxes paid related to net share settlement of equity awards (38,779) (49,948)
Other 0 (42)
Net cash used in financing activities (38,779) (42,793)
Effect of exchange rate changes on cash (1,416) 1,927
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 105,961 (8,131)
Cash and cash equivalents:    
Beginning of period 942,842 755,127
End of period 1,048,803 746,996
SUPPLEMENTAL CASH FLOW DISCLOSURES:    
Cash paid for interest 0 1,420
Cash paid for income taxes 10,388 2,301
SUPPLEMENTAL CASH FLOW DISCLOSURES FOR NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Increase (decrease) in accounts payable and accrued liabilities related to fixed assets (1,758) 8,167
Decrease in accounts payable and accrued liabilities related to intangible assets $ 0 $ (8,512)