Here’s to many more Phil’s-osophies! Following some behind-the-scenes contract drama, ABC has announced that Modern Family will be back for two more seasons. Currently wrapping up its eighth season, the beloved show is still a ratings magnet, ranking as the second most-watched comedy on TV (behind The Big Bang Theory).

Jonnie Davis and Howard Kurtzman, the heads of 20th Century Fox Television, which produces the show, said in a statement, “Modern Family remains one of the studio’s most prized assets, and we are enormously grateful to ABC for this two-year pickup. Steve [Levitan] and Chris [Lloyd] are genius producers who created nothing less than a television classic, and they would be the first to tell you that their cast and crew are the best there is. We feel incredibly proud to be the studio supporting them and look forward to many more hilarious episodes.”

Variety reports that the show’s main cast members, including Ty Burrell (Phil Dunphy), Sofia Vergara (Gloria Delgado-Pritchett), Julie Bowen (Claire Dunphy), Eric Stonestreet (Cameron Tucker), and Jesse Tyler Ferguson (Mitchell Pritchett), are set to receive big pay increases for the new seasons, approaching $500,000 per episode. Ed O’Neill, who plays family patriarch Jay Pritchett, had already been earning a higher rate and profit participation stake, as he came into the show’s debut in 2009 as its biggest star. The cast’s younger members—Sarah Hyland (Haley Dunphy), Ariel Winter (Alex Dunphy), Rico Rodriguez (Manny Delgado), Nolan Gould (Luke Dunphy), and Aubrey Anderson-Emmons (Lily Tucker-Pritchett)—will see pay increases as well, but the details of their deals are still being worked out.

Gould shared the news on Twitter and thanked fans for their support:

2 more seasons! Thank you guys. All of you. https://t.co/NWgT7izTuM

— Nolan Gould (@Nolan_Gould) May 11, 2017

Since the comedy series began in 2009, the hilarious and heartwarming adventures of the Pritchett and Dunphy families have been a ratings and awards show juggernaut. The series, in fact, is tied with Frasier as the only comedy series to ever win five straight Emmys for Outstanding Comedy Series.

The eighth season finale of Modern Family airs on ABC on Wednesday, May 17.