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Equity-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2025

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

Stock Option Activity

Stock option activity during 2024 and 2025 was as follows:

		Number of Options				Weighted Average Exercise Price				Weighted Average Remaining Contractual Term (in years)				Aggregate Intrinsic Value (in thousands)
Options outstanding at January 1, 2024			936,545			$	56.21
Options granted			4,000				75.30
Options exercised			(158,714	)			45.43
Options cancelled			(86,810	)			66.91
Options outstanding at December 31, 2024			695,021				57.45
Options granted			—				—
Options exercised			—				—
Options cancelled			(39,335	)			57.51
Options outstanding at March 31, 2025			655,686			$	57.44				6.20			$	128,417
Options exercisable at March 31, 2025			484,070			$	52.43				5.69			$	128,417

Schedule of Stock Options Valuation Assumptions

The following table summarizes the grant-date fair value of options and the assumptions used to develop the fair value estimates for options granted during the year ended December 31, 2024:

		December 31, 2024
Weighted average grant-date fair value of options		$	27.24
Risk-free interest rate			4.4	%
Expected volatility			33	%
Expected life (in years)			4.8

Restricted Stock Activity

Restricted stock unit activity during 2024 and 2025 was as follows:

		Number of Shares				Weighted Average Grant-Date Fair Value
Unvested at January 1, 2024			1,030,478			$	68.38
Granted			608,572				71.78
Cancelled			(127,761	)			72.84
Vested			(365,871	)			63.29
Unvested at December 31, 2024			1,145,418			$	71.31
Granted			950,348				30.15
Cancelled			(29,043	)			67.55
Vested			(237,478	)			72.39
Unvested at March 31, 2025			1,829,245			$	49.84

Performance stock unit activity

Performance stock unit activity during 2024 and 2025 was as follows:

		Number of Units				Weighted Average Grant-Date Fair Value
Unvested at January 1, 2024			336,031			$	69.35
Granted			78,955				68.04
Performance adjustment			(9,241	)			72.99
Cancelled			(15,723	)			70.37
Vested			(98,504	)			61.52
Unvested at December 31, 2024			291,518			$	71.47
Granted			—				—
Performance adjustment			(22,974	)			72.07
Cancelled			—				—
Vested			(66,676	)			73.96
Unvested at March 31, 2025			201,868			$	70.58

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Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

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Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

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Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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Tabular disclosure of number and weighted-average grant date fair value for nonvested performance shares.

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