Debt (Tables)

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule of Long-term Debt

Long-term debt consists of the following (in thousands):

	March 31, 2024		December 31, 2023
4.625% Senior Notes	$	460,038	$	460,038
1.75% Convertible Notes	550,000		550,000
Total Notes	1,010,038		1,010,038
Credit Agreement	—		—
Less: Unamortized discount	(2,386)		(2,463)
Deferred issuance costs (1)	(5,768)		(6,263)
Total long-term debt	$	1,001,884	$	1,001,312

(1)Includes $5.0 million and $5.5 million of carrying amount of deferred issuance costs on the 1.75% Convertible Notes as of March 31, 2024 and December 31, 2023, respectively, and $0.8 million and $0.8 million of carrying amount of deferred issuance costs on the 4.625% Senior Notes as of March 31, 2024 and December 31, 2023, respectively.

Schedule of Debt

The following table provides the components of interest expense related to the 1.75% Convertible Notes (in thousands):

	Three months ended March 31,
	2024		2023
Contractual interest expense	$	2,406	$	2,406
Amortization of deferred issuance costs	470		466
Total interest expense related to 1.75% Convertible Notes	$	2,876	$	2,872