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DEBT (Tables)
9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Convertible Debt The following table summarizes information regarding the Company’s convertible debt:
September 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(3,337)(4,862)
Total convertible debt, net$596,663 $595,138 
Fair value of fixed-rate convertible debt(1) :
2027 Notes$569,841 $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
September 30,
Nine Months Ended
September 30,
2025202420252024
Coupon interest expense$1,875 $2,456 $5,625 $7,689 
Accretion of discount on convertible notes486 606 1,456 2,290 
Amortization of debt issuance costs27 67 80 364 
Total interest expense on convertible debt$2,388 $3,129 $7,161 $10,343