Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED)

v3.25.2
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 63,140     63,140              
Common stock issued under stock plans, net of shares withheld for employee taxes (in shares)     499,337                
Common stock issued under stock plans, net of shares withheld for employee taxes (38,551)   $ 5 (38,556)              
Exercise of stock options, net of shares withheld for option cost and employee taxes (in shares)     427,365                
Exercise of stock options 12,819   $ 4 12,815              
Acquisitions 37,378                 37,378  
Purchases of noncontrolling interests (44,593)     (29,329)           (15,264)  
Redeemable noncontrolling interests fair value adjustments (135,229)     (135,229)              
Contributions received 0                 0  
Cash distributions (104,227)                 (104,227)  
Other 762                 762  
Comprehensive income (loss):                      
Net income (loss) 314,781         243,495       71,286  
Unrealized gain (loss) on cash flow hedge 11,382               11,382    
Realized gain on cash flow hedge (9,492)               (9,492)    
Foreign currency translation adjustments (152,096)               (152,096)   $ 0
Balances at Jun. 30, 2024 508,074   $ 2,307 2,240,759   (2,199,611)   (6,865) (122,756) 594,240  
Balances (in shares) at Jun. 30, 2024     230,711,943                
Balances at Dec. 31, 2023                     859,930
Redeemable Noncontrolling Interests [Roll Forward]                      
Acquisitions                     35,772
Purchases of noncontrolling interests                     (11,013)
Redeemable noncontrolling interests fair value adjustments                     135,817
Contribution received                     28
Cash distributions                     (67,681)
Other                     (1,021)
Comprehensive income (loss):                      
Net income (loss)                     18,742
Balances at Jun. 30, 2024                     970,574
Balances (in shares) at Mar. 31, 2024     230,197,707                
Balances at Mar. 31, 2024 426,288   $ 2,302 2,308,595   (2,497,581)   (6,865) 35,818 584,019  
Equity [Roll Forward]                      
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period     0                
Non-cash and stock-based compensation 26,475     26,475              
Common stock issued under stock plans, net of shares withheld for employee taxes (in shares)     151,235                
Common stock issued under stock plans, net of shares withheld for employee taxes (13,068)   $ 2 (13,070)              
Exercise of stock options, net of shares withheld for option cost and employee taxes (in shares)     363,001                
Acquisitions 11,032   $ 3 11,029              
Acquisitions 20,691                 20,691  
Divestitures                   (15,255)  
Purchases of noncontrolling interests (46,844)     (31,589)              
Redeemable noncontrolling interests fair value adjustments (60,681)     (60,681)              
Cash distributions (55,395)                 (55,395)  
Other (1,344)                 (1,344)  
Comprehensive income (loss):                      
Net income (loss) 359,494         297,970       61,524  
Unrealized gain (loss) on cash flow hedge 3,013               3,013    
Realized gain on cash flow hedge (4,762)               (4,762)    
Foreign currency translation adjustments (156,825)               (156,825)    
Balances at Jun. 30, 2024 508,074   $ 2,307 2,240,759   (2,199,611)   (6,865) (122,756) 594,240  
Balances (in shares) at Jun. 30, 2024     230,711,943                
Balances at Mar. 31, 2024                     947,025
Redeemable Noncontrolling Interests [Roll Forward]                      
Acquisitions                     5,091
Purchases of noncontrolling interests                     1,203
Redeemable noncontrolling interests fair value adjustments                     60,851
Cash distributions                     (60,351)
Other                     21
Comprehensive income (loss):                      
Net income (loss)                     16,734
Balances at Jun. 30, 2024                     970,574
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 89,333     89,333              
Common stock issued under stock plans, net of shares withheld for employee taxes (in shares)     732,860                
Common stock issued under stock plans, net of shares withheld for employee taxes (86,585)   $ 7 (86,592)              
Exercise of stock options, net of shares withheld for option cost and employee taxes (in shares)     140,789                
Exercise of stock options 3,443   $ 2 3,441              
Conversion of convertible debt (in shares)     182,560                
Repurchase of 2.0% convertible senior notes due 2025 (2)   $ 2 (4)              
Acquisitions 103,113                 103,113  
Purchases of noncontrolling interests (153,114)     (8,075)           (145,039)  
Redeemable noncontrolling interests fair value adjustments (269,456)     (269,456)              
Contributions received 8,245                 8,245  
Cash distributions (99,312)                 (99,312)  
Other (6,619)     0   0       (6,619)  
Comprehensive income (loss):                      
Net income (loss) 328,343         266,614       61,729  
Unrealized gain (loss) on cash flow hedge (1,253)               (1,253)    
Realized gain on cash flow hedge (6,896)               (6,896)    
Foreign currency translation adjustments 190,815               190,815 0 0
Balances at Jun. 30, 2025 927,917   $ 2,324 1,788,393   (1,271,336)   (6,865) (152,446) 567,847  
Balances (in shares) at Jun. 30, 2025     232,351,848                
Balances at Dec. 31, 2024 1,126,302                   1,126,302
Redeemable Noncontrolling Interests [Roll Forward]                      
Acquisitions                     74,490
Purchases of noncontrolling interests                     (57,556)
Redeemable noncontrolling interests fair value adjustments                     269,780
Contribution received                     3,019
Cash distributions                     (65,507)
Other                     6,437
Comprehensive income (loss):                      
Net income (loss)                     20,700
Balances at Jun. 30, 2025 1,377,665                   1,377,665
Comprehensive income (loss):                      
Stock Issued During Period, Shares, Other     0                
Balances (in shares) at Mar. 31, 2025     232,157,838                
Balances at Mar. 31, 2025 797,805   $ 2,322 1,906,145   (1,514,747)   (6,865) (280,860) 691,810  
Equity [Roll Forward]                      
Share-Based Compensation Arrangement by Share-Based Payment Award, Shares Issued in Period     0                
Non-cash and stock-based compensation 59,180     59,180              
Common stock issued under stock plans, net of shares withheld for employee taxes (in shares)     166,614                
Common stock issued under stock plans, net of shares withheld for employee taxes (21,576)   $ 1 (21,577)              
Exercise of stock options, net of shares withheld for option cost and employee taxes (in shares)     27,396                
Exercise of stock options 837   $ 1 836              
Acquisitions 38,171                 38,171  
Purchases of noncontrolling interests (152,430)     (5,865)           (146,565)  
Redeemable noncontrolling interests fair value adjustments (150,326)     (150,326)              
Contributions received 6,652                 6,652  
Cash distributions (71,205)                 (71,205)  
Other 624     0           624  
Comprehensive income (loss):                      
Net income (loss) 291,771         243,411       48,360  
Unrealized gain (loss) on cash flow hedge 251               251    
Realized gain on cash flow hedge (3,560)               (3,560)    
Foreign currency translation adjustments 131,723               131,723   0
Balances at Jun. 30, 2025 927,917   $ 2,324 $ 1,788,393   $ (1,271,336)   $ (6,865) $ (152,446) $ 567,847  
Balances (in shares) at Jun. 30, 2025     232,351,848                
Balances at Mar. 31, 2025                     1,311,555
Redeemable Noncontrolling Interests [Roll Forward]                      
Acquisitions                     14,470
Purchases of noncontrolling interests                     (48,560)
Redeemable noncontrolling interests fair value adjustments                     150,485
Contribution received                     0
Cash distributions                     (59,872)
Other                     (1,383)
Comprehensive income (loss):                      
Net income (loss)                     10,970
Balances at Jun. 30, 2025 $ 1,377,665                   $ 1,377,665