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<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 4610 | monetaryItemType | table: <entity> 4610 </entity> <entity type> monetaryItemType </entity type> <context> Amortization of intangible assets | 11,418 | 4,610 | 3,274 </context> | us-gaap:AmortizationOfIntangibleAssets |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 3274 | monetaryItemType | table: <entity> 3274 </entity> <entity type> monetaryItemType </entity type> <context> Amortization of intangible assets | 11,418 | 4,610 | 3,274 </context> | us-gaap:AmortizationOfIntangibleAssets |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 306 | monetaryItemType | table: <entity> 306 </entity> <entity type> monetaryItemType </entity type> <context> Amortization of discounts or premiums on investments | 306 | 1,745 | 4,968 </context> | us-gaap:AccretionAmortizationOfDiscountsAndPremiumsInvestments |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 1745 | monetaryItemType | table: <entity> 1745 </entity> <entity type> monetaryItemType </entity type> <context> Amortization of discounts or premiums on investments | 306 | 1,745 | 4,968 </context> | us-gaap:AccretionAmortizationOfDiscountsAndPremiumsInvestments |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 4968 | monetaryItemType | table: <entity> 4968 </entity> <entity type> monetaryItemType </entity type> <context> Amortization of discounts or premiums on investments | 306 | 1,745 | 4,968 </context> | us-gaap:AccretionAmortizationOfDiscountsAndPremiumsInvestments |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 8 | monetaryItemType | table: <entity> 8 </entity> <entity type> monetaryItemType </entity type> <context> Realized (gain) loss on sale of investments | 8 | 1,954 | 182 </context> | us-gaap:GainLossOnSaleOfInvestments |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 1954 | monetaryItemType | table: <entity> 1954 </entity> <entity type> monetaryItemType </entity type> <context> Realized (gain) loss on sale of investments | 8 | 1,954 | 182 </context> | us-gaap:GainLossOnSaleOfInvestments |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 182 | monetaryItemType | table: <entity> 182 </entity> <entity type> monetaryItemType </entity type> <context> Realized (gain) loss on sale of investments | 8 | 1,954 | 182 </context> | us-gaap:GainLossOnSaleOfInvestments |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 21507 | monetaryItemType | table: <entity> 21507 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInDeferredIncomeTaxes |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 19779 | monetaryItemType | table: <entity> 19779 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInDeferredIncomeTaxes |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 27338 | monetaryItemType | table: <entity> 27338 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInDeferredIncomeTaxes |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 32128 | monetaryItemType | table: <entity> 32128 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInAccountsReceivable |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 23346 | monetaryItemType | table: <entity> 23346 </entity> <entity type> monetaryItemType </entity type> <context> Accounts receivable | ( 32,128 ) | 23,346 | 3,454 </context> | us-gaap:IncreaseDecreaseInAccountsReceivable |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 3454 | monetaryItemType | table: <entity> 3454 </entity> <entity type> monetaryItemType </entity type> <context> Accounts receivable | ( 32,128 ) | 23,346 | 3,454 </context> | us-gaap:IncreaseDecreaseInAccountsReceivable |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 693 | monetaryItemType | table: <entity> 693 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInContractWithCustomerAsset |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 255 | monetaryItemType | table: <entity> 255 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInContractWithCustomerAsset |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 1806 | monetaryItemType | table: <entity> 1806 </entity> <entity type> monetaryItemType </entity type> <context> Unbilled revenue | ( 693 ) | ( 255 ) | 1,806 </context> | us-gaap:IncreaseDecreaseInContractWithCustomerAsset |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 1253 | monetaryItemType | table: <entity> 1253 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInInventories |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 22591 | monetaryItemType | table: <entity> 22591 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInInventories |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 48934 | monetaryItemType | table: <entity> 48934 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInInventories |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 1514 | monetaryItemType | table: <entity> 1514 </entity> <entity type> monetaryItemType </entity type> <context> Prepaid expenses and other current assets | 1,514 | 2,469 | ( 6,998 ) </context> | us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 2469 | monetaryItemType | table: <entity> 2469 </entity> <entity type> monetaryItemType </entity type> <context> Prepaid expenses and other current assets | 1,514 | 2,469 | ( 6,998 ) </context> | us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 6998 | monetaryItemType | table: <entity> 6998 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 18352 | monetaryItemType | table: <entity> 18352 </entity> <entity type> monetaryItemType </entity type> <context> Accounts payable | 18,352 | ( 13,744 ) | ( 17,277 ) </context> | us-gaap:IncreaseDecreaseInAccountsPayable |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 13744 | monetaryItemType | table: <entity> 13744 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInAccountsPayable |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 17277 | monetaryItemType | table: <entity> 17277 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInAccountsPayable |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 2916 | monetaryItemType | table: <entity> 2916 </entity> <entity type> monetaryItemType </entity type> <context> Accrued expenses | 2,916 | ( 35,309 ) | 2,056 </context> | us-gaap:IncreaseDecreaseInAccruedLiabilities |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 35309 | monetaryItemType | table: <entity> 35309 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInAccruedLiabilities |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 2056 | monetaryItemType | table: <entity> 2056 </entity> <entity type> monetaryItemType </entity type> <context> Accrued expenses | 2,916 | ( 35,309 ) | 2,056 </context> | us-gaap:IncreaseDecreaseInAccruedLiabilities |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 9278 | monetaryItemType | table: <entity> 9278 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 16745 | monetaryItemType | table: <entity> 16745 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 444 | monetaryItemType | table: <entity> 444 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 6216 | monetaryItemType | table: <entity> 6216 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInContractWithCustomerLiability |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 9122 | monetaryItemType | table: <entity> 9122 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInContractWithCustomerLiability |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 4886 | monetaryItemType | table: <entity> 4886 </entity> <entity type> monetaryItemType </entity type> <context> Deferred revenue and customer deposits | ( 6,216 ) | ( 9,122 ) | 4,886 </context> | us-gaap:IncreaseDecreaseInContractWithCustomerLiability |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 1940 | monetaryItemType | table: <entity> 1940 </entity> <entity type> monetaryItemType </entity type> <context> Other | 1,940 | 4,232 | ( 12,081 ) </context> | us-gaap:IncreaseDecreaseInOtherOperatingCapitalNet |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 4232 | monetaryItemType | table: <entity> 4232 </entity> <entity type> monetaryItemType </entity type> <context> Other | 1,940 | 4,232 | ( 12,081 ) </context> | us-gaap:IncreaseDecreaseInOtherOperatingCapitalNet |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 12081 | monetaryItemType | table: <entity> 12081 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:IncreaseDecreaseInOtherOperatingCapitalNet |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 149081 | monetaryItemType | table: <entity> 149081 </entity> <entity type> monetaryItemType </entity type> <context> Net cash provided by operating activities | 149,081 | 112,916 | 243,406 </context> | us-gaap:NetCashProvidedByUsedInOperatingActivities |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 112916 | monetaryItemType | table: <entity> 112916 </entity> <entity type> monetaryItemType </entity type> <context> Net cash provided by operating activities | 149,081 | 112,916 | 243,406 </context> | us-gaap:NetCashProvidedByUsedInOperatingActivities |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 243406 | monetaryItemType | table: <entity> 243406 </entity> <entity type> monetaryItemType </entity type> <context> Net cash provided by operating activities | 149,081 | 112,916 | 243,406 </context> | us-gaap:NetCashProvidedByUsedInOperatingActivities |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 850852 | monetaryItemType | table: <entity> 850852 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsToAcquireInvestments |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 184056 | monetaryItemType | table: <entity> 184056 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsToAcquireInvestments |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 233720 | monetaryItemType | table: <entity> 233720 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsToAcquireInvestments |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 828370 | monetaryItemType | table: <entity> 828370 </entity> <entity type> monetaryItemType </entity type> <context> Maturities and sales of investments | 828,370 | 496,462 | 253,983 </context> | us-gaap:ProceedsFromSaleMaturityAndCollectionsOfInvestments |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 496462 | monetaryItemType | table: <entity> 496462 </entity> <entity type> monetaryItemType </entity type> <context> Maturities and sales of investments | 828,370 | 496,462 | 253,983 </context> | us-gaap:ProceedsFromSaleMaturityAndCollectionsOfInvestments |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 253983 | monetaryItemType | table: <entity> 253983 </entity> <entity type> monetaryItemType </entity type> <context> Maturities and sales of investments | 828,370 | 496,462 | 253,983 </context> | us-gaap:ProceedsFromSaleMaturityAndCollectionsOfInvestments |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 15043 | monetaryItemType | table: <entity> 15043 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 23077 | monetaryItemType | table: <entity> 23077 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 19667 | monetaryItemType | table: <entity> 19667 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 1444 | monetaryItemType | table: <entity> 1444 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 257056 | monetaryItemType | table: <entity> 257056 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 5050 | monetaryItemType | table: <entity> 5050 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 38969 | monetaryItemType | table: <entity> 38969 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:NetCashProvidedByUsedInInvestingActivities |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 32273 | monetaryItemType | table: <entity> 32273 </entity> <entity type> monetaryItemType </entity type> <context> Net cash provided by (used in) investing activities | ( 38,969 ) | 32,273 | ( 4,454 ) </context> | us-gaap:NetCashProvidedByUsedInInvestingActivities |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 4454 | monetaryItemType | table: <entity> 4454 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:NetCashProvidedByUsedInInvestingActivities |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 994 | monetaryItemType | table: <entity> 994 </entity> <entity type> monetaryItemType </entity type> <context> Net payments from issuance of common stock under stock plans | 994 | 3,268 | 9,861 </context> | us-gaap:ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 3268 | monetaryItemType | table: <entity> 3268 </entity> <entity type> monetaryItemType </entity type> <context> Net payments from issuance of common stock under stock plans | 994 | 3,268 | 9,861 </context> | us-gaap:ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 9861 | monetaryItemType | table: <entity> 9861 </entity> <entity type> monetaryItemType </entity type> <context> Net payments from issuance of common stock under stock plans | 994 | 3,268 | 9,861 </context> | us-gaap:ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 67085 | monetaryItemType | table: <entity> 67085 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsForRepurchaseOfCommonStock |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 79794 | monetaryItemType | table: <entity> 79794 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsForRepurchaseOfCommonStock |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 204314 | monetaryItemType | table: <entity> 204314 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsForRepurchaseOfCommonStock |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 52329 | monetaryItemType | table: <entity> 52329 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsOfDividendsCommonStock |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 49079 | monetaryItemType | table: <entity> 49079 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsOfDividendsCommonStock |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 45921 | monetaryItemType | table: <entity> 45921 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:PaymentsOfDividendsCommonStock |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 118420 | monetaryItemType | table: <entity> 118420 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:NetCashProvidedByUsedInFinancingActivities |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 125605 | monetaryItemType | table: <entity> 125605 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:NetCashProvidedByUsedInFinancingActivities |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 240374 | monetaryItemType | table: <entity> 240374 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:NetCashProvidedByUsedInFinancingActivities |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 8253 | monetaryItemType | table: <entity> 8253 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 1697 | monetaryItemType | table: <entity> 1697 </entity> <entity type> monetaryItemType </entity type> <context> Effect of foreign exchange rate changes on cash and cash equivalents | ( 8,253 ) | 1,697 | ( 3,365 ) </context> | us-gaap:EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 3365 | monetaryItemType | table: <entity> 3365 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 16561 | monetaryItemType | table: <entity> 16561 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 21281 | monetaryItemType | table: <entity> 21281 </entity> <entity type> monetaryItemType </entity type> <context> Net change in cash and cash equivalents | ( 16,561 ) | 21,281 | ( 4,787 ) </context> | us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 4787 | monetaryItemType | table: <entity> 4787 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 202655 | monetaryItemType | table: <entity> 202655 </entity> <entity type> monetaryItemType </entity type> <context> Cash and cash equivalents at beginning of year | 202,655 | 181,374 | 186,161 </context> | us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 181374 | monetaryItemType | table: <entity> 181374 </entity> <entity type> monetaryItemType </entity type> <context> Cash and cash equivalents at beginning of year | 202,655 | 181,374 | 186,161 </context> | us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 186161 | monetaryItemType | table: <entity> 186161 </entity> <entity type> monetaryItemType </entity type> <context> Cash and cash equivalents at beginning of year | 202,655 | 181,374 | 186,161 </context> | us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Year Ended DecemberΒ 31,</td></tr><tr><td></td><td>2024</td><td></td><td>2023</td><td></td><td>2022</td></tr><tr><td></td><td>(In thousands)</td></tr><tr><td>Cash flows from operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$</td><td>106,171 </td><td></td><td></td><td>$</td><td>113,234</td><td></td><td></td><td>$</td><td>215,525</td><td></td></tr><tr><td>Adjustments to reconcile net income to net cash provided by operating activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stock-based compensation expense</td><td>52,443 </td><td></td><td></td><td>54,768</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Depreciation of property, plant, and equipment</td><td>21,271 </td><td></td><td></td><td>17,270</td><td></td><td></td><td>16,347</td><td></td></tr><tr><td>Loss (gain) on disposal of property, plant, and equipment</td><td> 88 </td><td></td><td></td><td>229</td><td></td><td></td><td>19</td><td></td></tr><tr><td>Amortization of intangible assets</td><td>11,418 </td><td></td><td></td><td>4,610</td><td></td><td></td><td>3,274</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Non-cash impact of charges related to fire (Note 22)</td><td>β </td><td></td><td></td><td>β</td><td></td><td></td><td>46,372</td><td></td></tr><tr><td>Excess and obsolete inventory charges</td><td>2,505 </td><td></td><td></td><td>3,775</td><td></td><td></td><td>3,084</td><td></td></tr><tr><td>Fair value adjustment on acquired inventories (Note 21)</td><td>1,224 </td><td></td><td></td><td>2,829</td><td></td><td></td><td>β</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Amortization of discounts or premiums on investments</td><td>306 </td><td></td><td></td><td>1,745</td><td></td><td></td><td>4,968</td><td></td></tr><tr><td>Realized (gain) loss on sale of investments</td><td>8 </td><td></td><td></td><td>1,954</td><td></td><td></td><td>182</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Change in deferred income taxes</td><td>( 21,507 )</td><td></td><td></td><td>( 19,779 )</td><td></td><td></td><td>( 27,338 )</td><td></td></tr><tr><td>Changes in operating assets and liabilities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Accounts receivable</td><td>( 32,128 )</td><td></td><td></td><td>23,346</td><td></td><td></td><td>3,454</td><td></td></tr><tr><td>Unbilled revenue</td><td>( 693 )</td><td></td><td></td><td>( 255 )</td><td></td><td></td><td>1,806</td><td></td></tr><tr><td>Inventories</td><td>( 1,253 )</td><td></td><td></td><td>( 22,591 )</td><td></td><td></td><td>( 48,934 )</td><td></td></tr><tr><td>Prepaid expenses and other current assets</td><td>1,514 </td><td></td><td></td><td>2,469</td><td></td><td></td><td>( 6,998 )</td><td></td></tr><tr><td>Accounts payable</td><td>18,352 </td><td></td><td></td><td>( 13,744 )</td><td></td><td></td><td>( 17,277 )</td><td></td></tr><tr><td>Accrued expenses</td><td>2,916 </td><td></td><td></td><td>( 35,309 )</td><td></td><td></td><td>2,056</td><td></td></tr><tr><td>Accrued income taxes</td><td>( 9,278 )</td><td></td><td></td><td>( 16,745 )</td><td></td><td></td><td>( 444 )</td><td></td></tr><tr><td>Deferred revenue and customer deposits</td><td>( 6,216 )</td><td></td><td></td><td>( 9,122 )</td><td></td><td></td><td>4,886</td><td></td></tr><tr><td>Other</td><td>1,940 </td><td></td><td></td><td>4,232</td><td></td><td></td><td>( 12,081 )</td><td></td></tr><tr><td>Net cash provided by operating activities</td><td>149,081 </td><td></td><td></td><td>112,916</td><td></td><td></td><td>243,406</td><td></td></tr><tr><td>Cash flows from investing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Purchases of investments</td><td>( 850,852 )</td><td></td><td></td><td>( 184,056 )</td><td></td><td></td><td>( 233,720 )</td><td></td></tr><tr><td>Maturities and sales of investments</td><td>828,370 </td><td></td><td></td><td>496,462</td><td></td><td></td><td>253,983</td><td></td></tr><tr><td>Purchases of property, plant, and equipment</td><td>( 15,043 )</td><td></td><td></td><td>( 23,077 )</td><td></td><td></td><td>( 19,667 )</td><td></td></tr><tr><td>Net payments related to business acquisitions (Note 21)</td><td>( 1,444 )</td><td></td><td></td><td>( 257,056 )</td><td></td><td></td><td>( 5,050 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash provided by (used in) investing activities</td><td>( 38,969 )</td><td></td><td></td><td>32,273</td><td></td><td></td><td>( 4,454 )</td><td></td></tr><tr><td>Cash flows from financing activities:</td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net payments from issuance of common stock under stock plans</td><td>994 </td><td></td><td></td><td>3,268</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td>( 67,085 )</td><td></td><td></td><td>( 79,794 )</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Payment of dividends</td><td>( 52,329 )</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net cash used in financing activities</td><td>( 118,420 )</td><td></td><td></td><td>( 125,605 )</td><td></td><td></td><td>( 240,374 )</td><td></td></tr><tr><td>Effect of foreign exchange rate changes on cash and cash equivalents</td><td>( 8,253 )</td><td></td><td></td><td>1,697</td><td></td><td></td><td>( 3,365 )</td><td></td></tr><tr><td>Net change in cash and cash equivalents</td><td>( 16,561 )</td><td></td><td></td><td>21,281</td><td></td><td></td><td>( 4,787 )</td><td></td></tr><tr><td>Cash and cash equivalents at beginning of year</td><td>202,655 </td><td></td><td></td><td>181,374</td><td></td><td></td><td>186,161</td><td></td></tr><tr><td>Cash and cash equivalents at end of year</td><td>$</td><td>186,094 </td><td></td><td></td><td>$</td><td>202,655</td><td></td><td></td><td>$</td><td>181,374</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td></tr></table> | table | 186094 | monetaryItemType | table: <entity> 186094 </entity> <entity type> monetaryItemType </entity type> <context> Cash and cash equivalents at end of year | $ | 186,094 | $ | 202,655 | $ | 181,374 </context> | us-gaap:CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 175481 | sharesItemType | table: <entity> 175481 </entity> <entity type> sharesItemType </entity type> <context> Balance as of December 31, 2021 | 175,481 | $ | 351 | $ | 914,802 | $ | 562,882 | $ | ( 47,942 ) | $ | 1,430,093 </context> | us-gaap:CommonStockSharesIssued |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 351 | monetaryItemType | table: <entity> 351 </entity> <entity type> monetaryItemType </entity type> <context> Balance as of December 31, 2021 | 175,481 | $ | 351 | $ | 914,802 | $ | 562,882 | $ | ( 47,942 ) | $ | 1,430,093 </context> | us-gaap:StockholdersEquity |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 914802 | monetaryItemType | table: <entity> 914802 </entity> <entity type> monetaryItemType </entity type> <context> Balance as of December 31, 2021 | 175,481 | $ | 351 | $ | 914,802 | $ | 562,882 | $ | ( 47,942 ) | $ | 1,430,093 </context> | us-gaap:StockholdersEquity |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 562882 | monetaryItemType | table: <entity> 562882 </entity> <entity type> monetaryItemType </entity type> <context> Balance as of December 31, 2021 | 175,481 | $ | 351 | $ | 914,802 | $ | 562,882 | $ | ( 47,942 ) | $ | 1,430,093 </context> | us-gaap:StockholdersEquity |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 47942 | monetaryItemType | table: <entity> 47942 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:StockholdersEquity |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 1430093 | monetaryItemType | table: <entity> 1430093 </entity> <entity type> monetaryItemType </entity type> <context> Balance as of December 31, 2021 | 175,481 | $ | 351 | $ | 914,802 | $ | 562,882 | $ | ( 47,942 ) | $ | 1,430,093 </context> | us-gaap:StockholdersEquity |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 514 | sharesItemType | table: <entity> 514 </entity> <entity type> sharesItemType </entity type> <context> Net issuance of common stock under stock plans | 514 | 1 | 9,860 | β | β | 9,861 </context> | us-gaap:StockIssuedDuringPeriodSharesStockOptionsExercised |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 1 | monetaryItemType | table: <entity> 1 </entity> <entity type> monetaryItemType </entity type> <context> Net issuance of common stock under stock plans | 514 | 1 | 9,860 | β | β | 9,861 </context> | us-gaap:StockIssuedDuringPeriodValueStockOptionsExercised |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 9860 | monetaryItemType | table: <entity> 9860 </entity> <entity type> monetaryItemType </entity type> <context> Net issuance of common stock under stock plans | 514 | 1 | 9,860 | β | β | 9,861 </context> | us-gaap:StockIssuedDuringPeriodValueStockOptionsExercised |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 9861 | monetaryItemType | table: <entity> 9861 </entity> <entity type> monetaryItemType </entity type> <context> Net issuance of common stock under stock plans | 514 | 1 | 9,860 | β | β | 9,861 </context> | us-gaap:StockIssuedDuringPeriodValueStockOptionsExercised |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 3364 | sharesItemType | table: <entity> 3364 </entity> <entity type> sharesItemType </entity type> <context> None </context> | us-gaap:StockRepurchasedDuringPeriodShares |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 7 | monetaryItemType | table: <entity> 7 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:StockRepurchasedDuringPeriodValue |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 204307 | monetaryItemType | table: <entity> 204307 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:StockRepurchasedDuringPeriodValue |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 204314 | monetaryItemType | table: <entity> 204314 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:StockRepurchasedDuringPeriodValue |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 54505 | monetaryItemType | table: <entity> 54505 </entity> <entity type> monetaryItemType </entity type> <context> Stock-based compensation expense | β | β | 54,505 | β | β | 54,505 </context> | us-gaap:AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 45921 | monetaryItemType | table: <entity> 45921 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:DividendsCommonStockCash |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 215525 | monetaryItemType | table: <entity> 215525 </entity> <entity type> monetaryItemType </entity type> <context> Net income | β | β | β | 215,525 | β | 215,525 </context> | us-gaap:NetIncomeLoss |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 17152 | monetaryItemType | table: <entity> 17152 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 17152 | monetaryItemType | table: <entity> 17152 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 182 | monetaryItemType | table: <entity> 182 </entity> <entity type> monetaryItemType </entity type> <context> Reclassification of net realized (gain) loss on the sale of available-for-sale investments | β | β | β | β | 182 | 182 </context> | us-gaap:OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 4385 | monetaryItemType | table: <entity> 4385 </entity> <entity type> monetaryItemType </entity type> <context> None </context> | us-gaap:OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax |
<table><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td>Common Stock</td><td></td><td>Additional Paid-in Capital</td><td></td><td>Retained Earnings</td><td></td><td>Accumulated Other Comprehensive Loss</td><td></td><td>Total Shareholdersβ Equity</td></tr><tr><td>(In thousands)</td><td></td><td>Shares</td><td></td><td>ParΒ Value</td><td></td></tr><tr><td>Balance as of December 31, 2021</td><td></td><td>175,481</td><td></td><td></td><td>$</td><td>351</td><td></td><td></td><td>$</td><td>914,802</td><td></td><td></td><td>$</td><td>562,882</td><td></td><td></td><td>$</td><td>( 47,942 )</td><td></td><td></td><td>$</td><td>1,430,093</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>514</td><td></td><td></td><td>1</td><td></td><td></td><td>9,860</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>9,861</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 3,364 )</td><td></td><td></td><td>( 7 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,307 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 204,314 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,505</td><td></td></tr><tr><td>Payment of dividends ($0.265 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 45,921 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td><td></td><td>β</td><td></td><td></td><td>215,525</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of ($5,943)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 17,152 )</td><td></td><td></td><td>( 17,152 )</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>182</td><td></td><td></td><td>182</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 4,385 )</td><td></td><td></td><td>( 4,385 )</td><td></td></tr><tr><td>Balance as of December 31, 2022</td><td></td><td>172,631</td><td></td><td></td><td>$</td><td>345</td><td></td><td></td><td>$</td><td>979,167</td><td></td><td></td><td>$</td><td>528,179</td><td></td><td></td><td>$</td><td>( 69,297 )</td><td></td><td></td><td>$</td><td>1,438,394</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>691</td><td></td><td></td><td>1</td><td></td><td></td><td>3,267</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,268</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,723 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,791 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 79,794 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>54,768</td><td></td></tr><tr><td>Payment of dividends ($0.286 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 49,079 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td><td></td><td>β</td><td></td><td></td><td>113,234</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $4,389</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>10,507</td><td></td><td></td><td>10,507</td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>1,954</td><td></td><td></td><td>1,954</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>11,500</td><td></td><td></td><td>11,500</td><td></td></tr><tr><td>Balance as of December 31, 2023</td><td></td><td>171,599</td><td></td><td></td><td>$</td><td>343</td><td></td><td></td><td>$</td><td>1,037,202</td><td></td><td></td><td>$</td><td>512,543</td><td></td><td></td><td>$</td><td>( 45,336 )</td><td></td><td></td><td>$</td><td>1,504,752</td><td></td></tr><tr><td>Net issuance of common stock under stock plans</td><td></td><td>546</td><td></td><td></td><td>1</td><td></td><td></td><td>993</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>994</td><td></td></tr><tr><td>Repurchase of common stock</td><td></td><td>( 1,711 )</td><td></td><td></td><td>( 3 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,082 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 67,085 )</td><td></td></tr><tr><td>Stock-based compensation expense</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>52,443</td><td></td></tr><tr><td>Payment of dividends ($0.305 per common share)</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td><td></td><td>β</td><td></td><td></td><td>( 52,329 )</td><td></td></tr><tr><td>Net income</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td><td></td><td>β</td><td></td><td></td><td>106,171</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net unrealized gain (loss) on available-for-sale investments, net of tax of $1,245</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>3,809</td><td></td><td></td><td>3,809</td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Reclassification of net realized (gain) loss on the sale of available-for-sale investments</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>8</td><td></td><td></td><td>8</td><td></td></tr><tr><td>Foreign currency translation adjustment</td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>β</td><td></td><td></td><td>( 31,258 )</td><td></td><td></td><td>( 31,258 )</td><td></td></tr><tr><td>Balance as of December 31, 2024</td><td></td><td>170,434 </td><td></td><td></td><td>$</td><td>341 </td><td></td><td></td><td>$</td><td>1,090,638 </td><td></td><td></td><td>$</td><td>499,303 </td><td></td><td></td><td>$</td><td>( 72,777 )</td><td></td><td></td><td>$</td><td>1,517,505 </td><td></td></tr><tr><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td></tr></table> | table | 172631 | sharesItemType | table: <entity> 172631 </entity> <entity type> sharesItemType </entity type> <context> Balance as of December 31, 2022 | 172,631 | $ | 345 | $ | 979,167 | $ | 528,179 | $ | ( 69,297 ) | $ | 1,438,394 </context> | us-gaap:CommonStockSharesIssued |
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