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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Class A Common Stock
Class B Non‑Voting Common Stock
Preferred Stock
Common Stock
Class A Common Stock
Common Stock
Class B Non‑Voting Common Stock
Paid‑in Capital
Retained Earnings
Accumulated Other Comprehensive Income
Beginning balance, preferred stock (in shares) at Dec. 31, 2023       10,600,000          
Beginning balance at Dec. 31, 2023 $ 7,160,038     $ 106 $ 1,110 $ 0 $ 3,287,234 $ 3,869,813 $ 1,775
Beginning balance, common stock (in shares) at Dec. 31, 2023         111,027,252 0      
Increase (Decrease) in Shareholders' Equity                  
Issuance of common stock upon vesting of restricted stock units (in shares)         567,154        
Issuance of common stock upon vesting of restricted stock units 6       $ 6        
Stock-based compensation expense 8,275           8,275    
Cash dividends (23,387)             (23,387)  
Cash dividends (declared on preferred stock) (10,425)             (10,425)  
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (1,113)               (1,113)
Tax withholdings on stock-based compensation (in shares)         (227,905)        
Tax withholdings on stock-based compensation (9,389)       $ (2)   (9,387)    
Net income 107,866             107,866  
Ending balance, preferred stock (in shares) at Mar. 31, 2024       10,600,000          
Ending balance at Mar. 31, 2024 7,231,871     $ 106 $ 1,114 $ 0 3,286,122 3,943,867 662
Ending balance, common stock (in shares) at Mar. 31, 2024         111,366,501 0      
Beginning balance, preferred stock (in shares) at Dec. 31, 2023       10,600,000          
Beginning balance at Dec. 31, 2023 7,160,038     $ 106 $ 1,110 $ 0 3,287,234 3,869,813 1,775
Beginning balance, common stock (in shares) at Dec. 31, 2023         111,027,252 0      
Increase (Decrease) in Shareholders' Equity                  
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (4,881)                
Net income 314,783                
Ending balance, preferred stock (in shares) at Sep. 30, 2024       10,900,000          
Ending balance at Sep. 30, 2024 7,675,697     $ 109 $ 1,114 $ 0 3,598,407 4,079,173 (3,106)
Ending balance, common stock (in shares) at Sep. 30, 2024         111,376,884 0      
Beginning balance, preferred stock (in shares) at Mar. 31, 2024       10,600,000          
Beginning balance at Mar. 31, 2024 7,231,871     $ 106 $ 1,114 $ 0 3,286,122 3,943,867 662
Beginning balance, common stock (in shares) at Mar. 31, 2024         111,366,501 0      
Increase (Decrease) in Shareholders' Equity                  
Issuance of common stock upon vesting of restricted stock units (in shares)         10,383        
Stock-based compensation expense 8,837           8,837    
Cash dividends (23,389)             (23,389)  
Cash dividends (declared on preferred stock) (12,508)             (12,508)  
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (511)               (511)
Net income 102,946             102,946  
Ending balance, preferred stock (in shares) at Jun. 30, 2024       10,600,000          
Ending balance at Jun. 30, 2024 7,307,246     $ 106 $ 1,114 $ 0 3,294,959 4,010,916 151
Ending balance, common stock (in shares) at Jun. 30, 2024         111,376,884 0      
Increase (Decrease) in Shareholders' Equity                  
Issuance of preferred stock (in shares)       300,000          
Issuance of preferred stock 295,532     $ 3     295,529    
Stock-based compensation expense 7,919           7,919    
Cash dividends (23,389)             (23,389)  
Cash dividends (declared on preferred stock) (12,325)             (12,325)  
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (3,257)               (3,257)
Net income 103,971             103,971  
Ending balance, preferred stock (in shares) at Sep. 30, 2024       10,900,000          
Ending balance at Sep. 30, 2024 $ 7,675,697     $ 109 $ 1,114 $ 0 3,598,407 4,079,173 (3,106)
Ending balance, common stock (in shares) at Sep. 30, 2024         111,376,884 0      
Beginning balance, preferred stock (in shares) at Dec. 31, 2024 900,000     900,000          
Beginning balance at Dec. 31, 2024 $ 7,532,626     $ 9 $ 1,114 $ 0 3,364,712 4,147,218 19,573
Beginning balance, common stock (in shares) at Dec. 31, 2024   111,376,884 0   111,376,884 0      
Increase (Decrease) in Shareholders' Equity                  
Issuance of common stock upon vesting of restricted stock units (in shares)         644,380        
Issuance of common stock upon vesting of restricted stock units 6       $ 6        
Stock-based compensation expense 17,616           17,616    
Cash dividends (24,587)             (24,587)  
Cash dividends (declared on preferred stock) (11,081)             (11,081)  
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (12,950)               (12,950)
Tax withholdings on stock-based compensation (in shares)         (262,129)        
Tax withholdings on stock-based compensation (12,277)       $ (2)   (12,275)    
Net income 375,832             375,832  
Ending balance, preferred stock (in shares) at Mar. 31, 2025       900,000          
Ending balance at Mar. 31, 2025 $ 7,865,185     $ 9 $ 1,118 $ 0 3,370,053 4,487,382 6,623
Ending balance, common stock (in shares) at Mar. 31, 2025         111,759,135 0      
Beginning balance, preferred stock (in shares) at Dec. 31, 2024 900,000     900,000          
Beginning balance at Dec. 31, 2024 $ 7,532,626     $ 9 $ 1,114 $ 0 3,364,712 4,147,218 19,573
Beginning balance, common stock (in shares) at Dec. 31, 2024   111,376,884 0   111,376,884 0      
Increase (Decrease) in Shareholders' Equity                  
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (19,533)                
Net income $ 907,455                
Ending balance, preferred stock (in shares) at Sep. 30, 2025 900,000     900,000          
Ending balance at Sep. 30, 2025 $ 8,341,131     $ 9 $ 1,118 $ 0 3,392,298 4,947,666 40
Ending balance, common stock (in shares) at Sep. 30, 2025   111,765,032 0   111,765,032 0      
Beginning balance, preferred stock (in shares) at Mar. 31, 2025       900,000          
Beginning balance at Mar. 31, 2025 7,865,185     $ 9 $ 1,118 $ 0 3,370,053 4,487,382 6,623
Beginning balance, common stock (in shares) at Mar. 31, 2025         111,759,135 0      
Increase (Decrease) in Shareholders' Equity                  
Issuance of common stock upon vesting of restricted stock units (in shares)         19,060        
Stock-based compensation expense 12,674           12,674    
Cash dividends (24,588)             (24,588)  
Cash dividends (declared on preferred stock) (11,081)             (11,081)  
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (3,094)               (3,094)
Tax withholdings on stock-based compensation (in shares)         (13,163)        
Tax withholdings on stock-based compensation (32)           (32)    
Net income 385,167             385,167  
Ending balance, preferred stock (in shares) at Jun. 30, 2025       900,000          
Ending balance at Jun. 30, 2025 8,224,231     $ 9 $ 1,118 $ 0 3,382,695 4,836,880 3,529
Ending balance, common stock (in shares) at Jun. 30, 2025         111,765,032 0      
Increase (Decrease) in Shareholders' Equity                  
Stock-based compensation expense 9,603           9,603    
Cash dividends (24,588)             (24,588)  
Cash dividends (declared on preferred stock) (11,082)             (11,082)  
Change in foreign currency translation adjustment and in fair value of hedged transactions, net of tax (3,489)               (3,489)
Net income $ 146,456             146,456  
Ending balance, preferred stock (in shares) at Sep. 30, 2025 900,000     900,000          
Ending balance at Sep. 30, 2025 $ 8,341,131     $ 9 $ 1,118 $ 0 $ 3,392,298 $ 4,947,666 $ 40
Ending balance, common stock (in shares) at Sep. 30, 2025   111,765,032 0   111,765,032 0