Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED)

v3.25.3
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Common Stock [Member]
Additional Paid-in Capital [Member]
Additional Paid-in Capital [Member]
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Deficit [Member]
Accumulated Deficit [Member]
Cumulative Effect, Period of Adoption, Adjustment
Treasury Stock, Common
Accumulated Other Comprehensive Income (Loss) [Member]
Noncontrolling Interest [Member]
Redeemable Noncontrolling Interests [Member]
Balances (in shares) at Dec. 31, 2023     229,785,241                
Balances at Dec. 31, 2023 $ 552,000   $ 2,298 $ 2,367,918   $ (2,443,106)   $ (6,865) $ 27,450 $ 604,305  
Equity [Roll Forward]                      
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period     0                
Non-cash and stock-based compensation 86,969     86,969              
Common stock issued under stock plans, net of shares withheld for employee taxes (in shares)     530,107                
Common stock issued under stock plans, net of shares withheld for employee taxes (40,873)   $ 5 (40,878)              
Exercise of stock options, net of shares withheld for option cost and employee taxes (in shares)     678,006                
Exercise of stock options 19,342   $ 7 19,335              
Acquisitions 54,594                 54,594  
Purchases of noncontrolling interests (44,956)     (29,692)           (15,264)  
Redeemable noncontrolling interests fair value adjustments (188,714)     (188,714)              
Contributions received 3,000                 3,000  
Cash distributions (126,054)                 (126,054)  
Other 5,182                 5,182  
Comprehensive income (loss):                      
Net income (loss) 811,314         695,300       116,014  
Unrealized gain (loss) on cash flow hedge 3,320               3,320    
Realized gain on cash flow hedge (14,370)               (14,370)    
Foreign currency translation adjustments (191,011)               (191,011)   $ 0
Balances at Sep. 30, 2024 929,743   $ 2,310 2,214,938   (1,747,806)   (6,865) (174,611) 641,777  
Balances (in shares) at Sep. 30, 2024     230,993,354                
Balances at Dec. 31, 2023                     859,930
Redeemable Noncontrolling Interests [Roll Forward]                      
Acquisitions                     45,378
Purchases of noncontrolling interests                     (32,296)
Redeemable noncontrolling interests fair value adjustments                     189,366
Contribution received                     0
Cash distributions                     (73,780)
Other                     (2,583)
Comprehensive income (loss):                      
Net income (loss)                     37,892
Balances at Sep. 30, 2024                     1,023,907
Balances (in shares) at Jun. 30, 2024     230,711,943                
Balances at Jun. 30, 2024 508,074   $ 2,307 2,240,759   (2,199,611)   (6,865) (122,756) 594,240  
Equity [Roll Forward]                      
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period     0                
Non-cash and stock-based compensation 23,829     23,829              
Common stock issued under stock plans, net of shares withheld for employee taxes (in shares)     30,770                
Common stock issued under stock plans, net of shares withheld for employee taxes (2,322)   $ 0 (2,322)              
Exercise of stock options, net of shares withheld for option cost and employee taxes (in shares)     250,641                
Acquisitions 6,523   $ 3 6,520              
Acquisitions 17,216                 17,216  
Divestitures                   0  
Purchases of noncontrolling interests (363)     (363)              
Redeemable noncontrolling interests fair value adjustments (53,485)     (53,485)              
Contributions received 3,000                 3,000  
Cash distributions (21,827)                 (21,827)  
Other 4,420                 4,420  
Comprehensive income (loss):                      
Net income (loss) 496,533         451,805       44,728  
Unrealized gain (loss) on cash flow hedge (8,062)               (8,062)    
Realized gain on cash flow hedge (4,878)               (4,878)    
Foreign currency translation adjustments (38,915)               (38,915)    
Balances at Sep. 30, 2024 929,743   $ 2,310 2,214,938   (1,747,806)   (6,865) (174,611) 641,777  
Balances (in shares) at Sep. 30, 2024     230,993,354                
Balances at Jun. 30, 2024                     970,574
Redeemable Noncontrolling Interests [Roll Forward]                      
Acquisitions                     9,606
Purchases of noncontrolling interests                     (21,283)
Redeemable noncontrolling interests fair value adjustments                     53,549
Contribution received                     (28)
Cash distributions                     (6,099)
Other                     (1,562)
Comprehensive income (loss):                      
Net income (loss)                     19,150
Balances at Sep. 30, 2024                     1,023,907
Balances (in shares) at Dec. 31, 2024     231,295,639                
Balances at Dec. 31, 2024 818,993 $ 8,869 $ 2,313 2,059,746 $ 0 (1,546,819) $ 8,869 (6,865) (335,112) 645,730  
Equity [Roll Forward]                      
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period     0                
Non-cash and stock-based compensation 128,871     128,871              
Common stock issued under stock plans, net of shares withheld for employee taxes (in shares)     967,166                
Common stock issued under stock plans, net of shares withheld for employee taxes (119,666)   $ 9 (119,675)              
Exercise of stock options, net of shares withheld for option cost and employee taxes (in shares)     171,906                
Exercise of stock options 5,054   $ 2 5,052              
Conversion of convertible debt (in shares)     182,560                
Repurchase of 2.0% convertible senior notes due 2025 (2)   $ 2 (4)              
Acquisitions 118,034                 118,034  
Purchases of noncontrolling interests (160,801)     (17,353)           (143,448)  
Redeemable noncontrolling interests fair value adjustments (531,989)     (531,989)              
Contributions received 10,983                 10,983  
Cash distributions (125,395)                 (125,395)  
Other (5,427)     0   0       (5,427)  
Comprehensive income (loss):                      
Net income (loss) 805,080         698,072       107,008  
Unrealized gain (loss) on cash flow hedge (826)               (826)    
Realized gain on cash flow hedge (10,363)               (10,363)    
Foreign currency translation adjustments 187,410               187,410 0 0
Balances at Sep. 30, 2025 1,128,825   $ 2,326 1,524,648   (839,878)   (6,865) (158,891) 607,485  
Balances (in shares) at Sep. 30, 2025     232,617,271                
Balances at Dec. 31, 2024 1,126,302                   1,126,302
Redeemable Noncontrolling Interests [Roll Forward]                      
Acquisitions                     76,441
Purchases of noncontrolling interests                     (839,960)
Redeemable noncontrolling interests fair value adjustments                     532,743
Contribution received                     3,019
Cash distributions                     (71,404)
Other                     3,620
Comprehensive income (loss):                      
Net income (loss)                     21,941
Balances at Sep. 30, 2025 852,702                   852,702
Comprehensive income (loss):                      
Stock Issued During Period, Shares, Other     0                
Balances (in shares) at Jun. 30, 2025     232,351,848                
Balances at Jun. 30, 2025 927,917   $ 2,324 1,788,393   (1,271,336)   (6,865) (152,446) 567,847  
Equity [Roll Forward]                      
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period     0                
Non-cash and stock-based compensation 39,538     39,538              
Common stock issued under stock plans, net of shares withheld for employee taxes (in shares)     234,306                
Common stock issued under stock plans, net of shares withheld for employee taxes (33,081)   $ 2 (33,083)              
Exercise of stock options, net of shares withheld for option cost and employee taxes (in shares)     31,117                
Exercise of stock options 1,611   $ 0 1,611              
Acquisitions 14,921                 14,921  
Purchases of noncontrolling interests (7,687)     (9,278)           1,591  
Redeemable noncontrolling interests fair value adjustments (262,533)     (262,533)              
Contributions received 2,738                 2,738  
Cash distributions (26,083)                 (26,083)  
Other 1,192     0           1,192  
Comprehensive income (loss):                      
Net income (loss) 476,737         431,458       45,279  
Unrealized gain (loss) on cash flow hedge 427               427    
Realized gain on cash flow hedge (3,467)               (3,467)    
Foreign currency translation adjustments (3,405)               (3,405)   0
Balances at Sep. 30, 2025 1,128,825   $ 2,326 $ 1,524,648   $ (839,878)   $ (6,865) $ (158,891) $ 607,485  
Balances (in shares) at Sep. 30, 2025     232,617,271                
Balances at Jun. 30, 2025                     1,377,665
Redeemable Noncontrolling Interests [Roll Forward]                      
Acquisitions                     1,951
Purchases of noncontrolling interests                     (782,404)
Redeemable noncontrolling interests fair value adjustments                     262,963
Contribution received                     0
Cash distributions                     (5,897)
Other                     (2,817)
Comprehensive income (loss):                      
Net income (loss)                     1,241
Balances at Sep. 30, 2025 $ 852,702                   $ 852,702