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DEBT (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Convertible Debt The following table summarizes information regarding the Company’s convertible debt:
June 30,
2025
December 31,
2024
1.25% senior subordinated convertible notes due in May 2027 (the 2027 Notes)
$600,000 $600,000 
Unamortized discount net of deferred offering costs(3,838)(4,862)
Total convertible debt, net$596,162 $595,138 
Fair value of fixed-rate convertible debt(1) :
2027 Notes$565,485 $558,894 
(1)    The fair value of the Company’s fixed-rate convertible debt is based on open-market trades and classified as Level 1 in the fair value hierarchy. For additional discussion of fair value measurements, see Note 1 – Business Overview and Significant Accounting Policies to the Company’s Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024.
Schedule of Interest Expense on Convertible Debt
Interest expense on the Company’s convertible debt consisted of the following: 
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Coupon interest expense$1,875 $2,617 $3,750 $5,233 
Accretion of discount on convertible notes485 843 970 1,684 
Amortization of debt issuance costs27 148 53 297 
Total interest expense on convertible debt$2,387 $3,608 $4,773 $7,214