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Stockholders' Equity
 6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Stockholders' Equity Stockholders' Equity
Share Repurchase Programs
In February 2024, the Company’s Board of Directors authorized a share repurchase program of up to $100 million in shares of common stock (the “February 2024 share repurchase program”). In May 2024, the Company’s Board of Directors authorized an additional share repurchase program of up to $100 million in shares of common stock (the “May 2024 share repurchase program”).
During the six months ended June 30, 2024, the Company repurchased a total of 6,316,705 shares of common stock under the share repurchase programs at an average price per share of $29.45 and a total cost of $187.9 million, inclusive of excise taxes and trading fees. As of July 2024, the February share repurchase program and the May 2024 share repurchase program were completed, and no amounts remained available for repurchase under the programs.
In August 2024, the Company’s Board of Directors authorized an additional share repurchase program of up to $100 million in shares of common stock (the “August 2024 share repurchase program”). Repurchases under the program may be made in the form of open market repurchases, including through plans complying with Rule 10b5-1 under the Exchange Act, depending on stock price, market conditions, and other factors, as determined by the Company. There can be no assurance as to the number of shares to be repurchased by the Company under the August 2024 share repurchase program.
Stock-based Compensation Expense
The following table summarizes stock-based compensation expense, which was included in the statements of operations as follows (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2024202320242023
Cost of services$9,448 $8,812 $18,481 $17,026 
Sales and marketing7,911 6,883 15,414 13,451 
General and administrative15,677 16,058 30,193 32,084 
Total stock-based compensation expense$33,036 $31,753 $64,088 $62,561 
Accumulated Other Comprehensive Income
Accumulated other comprehensive income consisted of the following (in thousands):
Three Months Ended June 30, 2024Three Months Ended June 30, 2023
Unrealized gains on marketable securitiesForeign currency translation adjustmentsTotalUnrealized gains on marketable securitiesForeign currency translation adjustmentsTotal
Balance at beginning of period$2,739 $11 $2,750 $719 $5 $724 
Other comprehensive income before reclassifications, net of tax(1)
1,915 (10)1,905 1,191 (11)1,180 
Amounts reclassified from accumulated other comprehensive income, net of tax(3)
(2,630)— (2,630)(822)— (822)
Net current period other comprehensive (loss) income(715)(10)(725)369 (11)358 
Balance at end of period$2,024 $1 $2,025 $1,088 $(6)$1,082 
Six Months Ended June 30, 2024Six Months Ended June 30, 2023
Unrealized gains on marketable securitiesForeign currency translation adjustmentsTotalUnrealized gains on marketable securitiesForeign currency translation adjustmentsTotal
Balance at beginning of period$2,829 $(10)$2,819 $496 $5 $501 
Other comprehensive income before reclassifications, net of tax(2)
4,313 11 4,324 1,916 (11)1,905 
Amounts reclassified from accumulated other comprehensive income, net of tax(3)
(5,118)— (5,118)(1,324)— (1,324)
Net current period other comprehensive (loss) income(805)11 (794)592 (11)581 
Balance at end of period$2,024 $1 $2,025 $1,088 $(6)$1,082 
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(1) Represents unrealized gains of $2.6 million, net of tax expense of $0.7 million, for the three months ended June 30, 2024 and unrealized gains of $1.2 million, net of tax expense of $0, for the three months ended June 30, 2023
(2) Represents unrealized gains of $5.9 million, net of tax expense of $1.6 million, for the six months ended June 30, 2024 and unrealized gains of $1.9 million, net of tax expense of $0, for the six months ended June 30, 2023
(3) The effects on net income of amounts reclassified from accumulated other comprehensive income were as follows (in thousands):

Details about Accumulated Other Comprehensive Income ComponentThree Months Ended
June 30,		Six Months Ended
June 30,		Affected Line Item in Statement of Operations
2024202320242023
Gains on marketable securities$3,593 $822 $6,988 $1,324 Other income, net
3,593 822 6,988 1,324 Income before income taxes
963 — 1,870—Provision for income taxes
$2,630 $822 $5,118 $1,324 Net income