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Consolidated Statements Of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Statement of Comprehensive Income [Abstract]        
Net income $ 134,352 $ 160,816 $ 291,891 $ 334,365
Other comprehensive income/(loss), net of tax:        
Changes in unrealized gains/(losses) on available-for-sale securities [1],[2] (13,651) (57,699) 9,059 (135,530)
Foreign currency translation adjustment [1] 957 10,260 4,386 20,769
Total other comprehensive income/(loss), net of tax (12,694) (47,439) 13,445 (114,761)
Comprehensive income $ 121,658 $ 113,377 $ 305,336 $ 219,604
[1] Net of tax benefit of $4.4 million and $17.0 million for the three months ended June 30, 2023 and 2022, respectively. Net of tax expense of $4.6 million and tax benefit of $38.2 million for the six months ended June 30, 2023 and 2022, respectively.
[2] There were no reclassifications to earnings for the three months ended June 30, 2023. Net of reclassifications to earnings of realized losses of $5.6 million for the six months ended June 30, 2023. There were no reclassifications to earnings for the three and six months ended June 30, 2022.