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STOCKHOLDERS’ EQUITY (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Components of Stock-Based Compensation Expenses
The following table summarizes the components of stock-based compensation expense recognized in the Company’s consolidated statements of income for the years indicated:
For the Years Ended December 31,
202520242023
Cost of revenues (exclusive of depreciation and amortization)$86,252 $80,944 $68,797 
Selling, general and administrative expenses
90,512 86,353 78,933 
Total$176,764 $167,297 $147,730 
Schedule of Service-Based Awards Activity The table below summarizes activity related to the Company’s equity-classified and liability-classified service-based awards for the years ended December 31, 2025, 2024 and 2023:
Equity-Classified
Equity-Settled
Restricted Stock Units
Liability-Classified
Cash-Settled
Restricted Stock Units
 Number of
Shares
Weighted Average Grant Date
Fair Value Per Share 
Number of
Shares
Weighted Average Grant Date
Fair Value Per Share 
Unvested service-based awards outstanding as of January 1, 2023916 $291.19 99 $257.74 
Awards granted607 $288.49 36 $298.81 
Awards modified(15)$278.52 15 $305.59 
Awards vested(329)$278.25 (46)$242.07 
Awards forfeited(105)$304.91 (6)$254.82 
Unvested service-based awards outstanding as of December 31, 20231,074 $292.45 98 $287.36 
Awards granted617 $283.21 34 $298.35 
Awards modified$366.27 (1)$114.30 
Awards vested(378)$289.48 (39)$273.28 
Awards forfeited(102)$299.49 (3)$295.86 
Unvested service-based awards outstanding as of December 31, 20241,212 $288.12 89 $298.84 
Awards granted847 $181.81 53 $183.27 
Awards modified(2)$301.10 $185.73 
Awards vested(439)$291.50 (36)$303.20 
Awards forfeited(151)$239.40 (2)$258.40 
Unvested service-based awards outstanding as of December 31, 20251,467 $230.75 106 $238.64 
Schedule of Fair Value of Service-Based Awards Vested
The fair value of vested service-based RSU awards (measured at the vesting date) for the years ended December 31, 2025, 2024 and 2023 was as follows:
 For the Years Ended December 31,
 202520242023
Equity-classified equity-settled80,407 105,100 94,418 
Liability-classified cash-settled6,491 11,455 13,229 
Total fair value of vested service-based awards$86,898 $116,555 $107,647 
Schedule of Performance-Based Awards Activity The table below summarizes activity related to the Company’s performance-based awards for the years ended December 31, 2025, 2024 and 2023:
Equity-Classified
Equity-Settled
Restricted Stock Units
 Number of
Shares
Weighted Average Grant Date
Fair Value Per Share 
Unvested performance-based awards outstanding as of January 1, 202315 $412.60 
Awards granted$258.19 
Awards vested(7)$229.98 
Awards forfeited(1)$363.93 
Unvested performance-based awards outstanding as of December 31, 202313 $441.87 
Awards granted54 $302.61 
Awards vested(3)$560.97 
Awards forfeited(2)$546.48 
Unvested performance-based awards outstanding as of December 31, 202462 $310.37 
Awards granted100 $210.21 
Awards vested(4)$490.65 
Awards forfeited(20)$258.23 
Unvested performance-based awards outstanding as of December 31, 2025138 $240.97 
Schedule of Stock Option Activity
Stock option activity under the Company’s long-term incentive plans is set forth below:
 Number of
Options
Weighted Average
Exercise Price 
Aggregate
Intrinsic Value 
Weighted Average
Remaining Contractual Term (in years)
Options outstanding as of January 1, 20231,923 $98.92 $447,503 
Options granted114 $295.73 
Options exercised(397)$39.01 
Options forfeited(6)$316.91 
Options expired(5)$340.13 
Options outstanding as of December 31, 20231,629 $125.88 $289,552 
Options granted81 $296.87 
Options exercised(483)$46.71 
Options forfeited(16)$297.52 
Options expired(5)$371.84 
Options outstanding as of December 31, 20241,206 $165.78 $112,839 
Options exercised(438)$67.70 
Options forfeited(26)$296.27 
Options expired(41)$329.44 
Options outstanding as of December 31, 2025701 $212.59 $29,010 4.4
Options vested and exercisable as of December 31, 2025586 $196.81 $29,010 3.8
Options expected to vest as of December 31, 2025112 $293.02 $— 7.5
Schedule of Black-Scholes Option Valuation Model Assumptions
The fair value of each option award is estimated on the date of grant using the Black-Scholes option valuation model. The model incorporated the following weighted average assumptions:
For the Years Ended December 31,
202520242023
Expected volatility— %52.1 %50.2 %
Expected term (in years)6.256.23
Risk-free interest rate— %4.3 %3.6 %
Expected dividends— %— %— %
Schedule of Assumptions Used The Black-Scholes model relies on a number of key assumptions to calculate estimated fair values. The model incorporated the following weighted average assumptions for the years ended December 31, 2025, 2024 and 2023:
For the Years Ended December 31,
202520242023
Expected volatility43.4 %43.2 %48.0 %
Expected term (in years)0.500.500.50
Risk-free interest rate4.0 %4.9 %5.3 %
Expected dividends— %— %— %