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Net Income per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Schedule of Components Used in Diluted and Basic Income Per Common Share
The components used in the computation of basic and diluted net income per share for the years ended December 31, 2023, 2022 and 2021 were as follows (in thousands, except per share data):
 
202320222021
Numerator:
Net income$547,629 $523,672 $651,642 
Denominator:
Shares used for basic net income per share152,510 159,089 162,665 
Effect of dilutive securities:
Stock awards2,312 658 1,539 
Convertible senior notes575 720 1,600 
Warrants related to issuance of convertible senior notes— — — 
Shares used for diluted net income per share155,397 160,467 165,804 
Basic net income per share$3.59 $3.29 $4.01 
Diluted net income per share$3.52 $3.26 $3.93 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share The number of potentially outstanding shares excluded from the computation of diluted net income per share for the years ended December 31, 2023, 2022 and 2021 were as follows (in thousands):
202320222021
Service-based stock awards2,947 2,211 776 
Market- and performance-based stock awards1,371 1,030 1,199 
Convertible senior notes— — 9,898 
Warrants related to issuance of convertible senior notes26,998 21,991 21,991 
Total shares excluded from computation31,316 25,232 33,864