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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest [Abstract]    
Net income $ 33,383 $ 32,669
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred tax expense 5,522 824
Non-cash interest income (77) 0
Depreciation and amortization 1,470 1,068
Stock-based compensation expense 64,088 62,561
Bad debt expense 9,572 9,794
Realized gains on sale of marketable securities (6,987) (1,324)
Foreign currency exchange rate loss (gain) 30 (7)
Changes in operating assets and liabilities:    
Accounts receivable (61,496) (34,686)
Prepaid expenses and other current assets 1,279 (9,189)
Accounts payable 26,396 20,853
Accrued expenses and other current liabilities 8,860 13,829
Other noncurrent assets and liabilities 386 581
Net cash provided by operating activities 82,426 96,973
INVESTING ACTIVITIES    
Purchase of property and equipment, net (1,716) (2,010)
Purchase of marketable securities (158,639) (120,599)
Sale of marketable securities 271,099 79,813
Acquisition of business, net of cash acquired (5,304) 0
Net cash provided by (used in) investing activities 105,440 (42,796)
FINANCING ACTIVITIES    
Repurchase of common stock (183,723) 0
Proceeds from exercise of stock options 988 3,124
Payment of employee taxes related to equity awards (8,172) (7,426)
Proceeds from contributions to employee stock purchase plan 707 617
Net cash used in financing activities (190,200) (3,685)
Effect of exchange rate changes on cash and cash equivalents (2) 0
Net (decrease) increase in cash and cash equivalents (2,336) 50,492
Cash and cash equivalents, beginning of period 97,296 120,078
Cash and cash equivalents, end of period 94,960 170,570
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for income taxes, net of refunds received 17,317 698
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES    
Additions of property and equipment, net included in accounts payable and accrued expenses $ 158 $ 438