XML 17 R6.htm IDEA: XBRL DOCUMENT v3.25.3
Unaudited Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Total
Common stock
Additional paid-in capital
Accumulated other comprehensive income (loss)
Accumulated deficit
Beginning balance (in shares) at Dec. 31, 2023   109,103,721      
Beginning balance at Dec. 31, 2023 $ 489,648 $ 109 $ 1,142,578 $ (8,649) $ (644,390)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation expense 32,093   32,093    
Common stock issued under employee stock plans (in shares)   2,485,389      
Common stock issued under employee stock plans 6,414 $ 3 6,411    
Taxes related to net share settlement of equity awards (34,860)   (34,860)    
Unrealized income (loss) on derivative instruments, net of tax 1,797     1,797  
Unrealized (loss) income on available for sale securities, net of tax (2,253)     (2,253)  
Net loss (40,490)       (40,490)
Ending balance (in shares) at Mar. 31, 2024   111,589,110      
Ending balance at Mar. 31, 2024 452,349 $ 112 1,146,222 (9,105) (684,880)
Beginning balance (in shares) at Dec. 31, 2023   109,103,721      
Beginning balance at Dec. 31, 2023 489,648 $ 109 1,142,578 (8,649) (644,390)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Unrealized income (loss) on derivative instruments, net of tax 4,550        
Unrealized (loss) income on available for sale securities, net of tax (282)        
Net loss (82,771)        
Ending balance (in shares) at Sep. 30, 2024   112,422,071      
Ending balance at Sep. 30, 2024 428,560 $ 112 1,159,990 (4,381) (727,161)
Beginning balance (in shares) at Mar. 31, 2024   111,589,110      
Beginning balance at Mar. 31, 2024 452,349 $ 112 1,146,222 (9,105) (684,880)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation expense 30,089   30,089    
Common stock issued under employee stock plans (in shares)   590,312      
Common stock issued under employee stock plans 3,378   3,378    
Taxes related to net share settlement of equity awards (1,748)   (1,748)    
Unrealized income (loss) on derivative instruments, net of tax (961)     (961)  
Unrealized (loss) income on available for sale securities, net of tax (559)     (559)  
Common stock issued for debt conversion (in shares)   195      
Common stock issued for debt conversion 6   6    
Net loss (23,948)       (23,948)
Ending balance (in shares) at Jun. 30, 2024   112,179,617      
Ending balance at Jun. 30, 2024 458,606 $ 112 1,177,947 (10,625) (708,828)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation expense 31,931   31,931    
Common stock issued under employee stock plans (in shares)   242,454      
Common stock issued under employee stock plans 6,290   6,290    
Taxes related to net share settlement of equity awards (656)   (656)    
Unrealized income (loss) on derivative instruments, net of tax 3,714     3,714  
Unrealized (loss) income on available for sale securities, net of tax 2,530     2,530  
Purchase of capped calls related to Convertible senior notes (55,522)   (55,522)    
Net loss (18,333)       (18,333)
Ending balance (in shares) at Sep. 30, 2024   112,422,071      
Ending balance at Sep. 30, 2024 428,560 $ 112 1,159,990 (4,381) (727,161)
Beginning balance (in shares) at Dec. 31, 2024   112,550,156      
Beginning balance at Dec. 31, 2024 455,656 $ 113 1,193,022 2,676 (740,155)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation expense 32,255   32,255    
Common stock issued under employee stock plans (in shares)   1,808,876      
Common stock issued under employee stock plans 7,163 $ 2 7,161    
Taxes related to net share settlement of equity awards (26,447)   (26,447)    
Repurchase of common stock (in shares)   (1,476,456)      
Repurchase of common stock (61,264) $ (2) (61,262)    
Unrealized income (loss) on derivative instruments, net of tax (6,231)     (6,231)  
Unrealized (loss) income on available for sale securities, net of tax 2,393     2,393  
Common stock issued for debt conversion (in shares)   32      
Common stock issued for debt conversion 1   1    
Net loss (35,783)       (35,783)
Ending balance (in shares) at Mar. 31, 2025   112,882,608      
Ending balance at Mar. 31, 2025 367,743 $ 113 1,144,730 (1,162) (775,938)
Beginning balance (in shares) at Dec. 31, 2024   112,550,156      
Beginning balance at Dec. 31, 2024 455,656 $ 113 1,193,022 2,676 (740,155)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Unrealized income (loss) on derivative instruments, net of tax 12,553        
Unrealized (loss) income on available for sale securities, net of tax 3,153        
Net loss (101,549)        
Ending balance (in shares) at Sep. 30, 2025   117,897,308      
Ending balance at Sep. 30, 2025 604,835 $ 118 1,428,039 18,382 (841,704)
Beginning balance (in shares) at Mar. 31, 2025   112,882,608      
Beginning balance at Mar. 31, 2025 367,743 $ 113 1,144,730 (1,162) (775,938)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation expense 33,859   33,859    
Common stock issued under employee stock plans (in shares)   163,501      
Taxes related to net share settlement of equity awards (1,352)   (1,352)    
Repurchase of common stock (in shares)   (1,003,885)      
Repurchase of common stock (38,736) $ (1) (38,735)    
Unrealized income (loss) on derivative instruments, net of tax 15,736     15,736  
Unrealized (loss) income on available for sale securities, net of tax (77)     (77)  
Common stock issued for debt conversion (in shares)   4,885      
Common stock issued for debt conversion 150   150    
Net loss (35,824)       (35,824)
Ending balance (in shares) at Jun. 30, 2025   112,047,109      
Ending balance at Jun. 30, 2025 341,499 $ 112 1,138,652 14,497 (811,762)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Stock-based compensation expense 31,550   31,550    
Common stock issued under employee stock plans (in shares)   273,665      
Common stock issued under employee stock plans 7,186   7,186    
Taxes related to net share settlement of equity awards (631)   (631)    
Unrealized income (loss) on derivative instruments, net of tax 3,048     3,048  
Unrealized (loss) income on available for sale securities, net of tax 837     837  
Common stock issued for debt conversion (in shares)   8,180,968      
Common stock issued for debt conversion 251,288 $ 8 251,280    
Settlement of capped call transactions (in shares)   (2,604,434)      
Settlement of capped call transactions 0 $ (2) 2    
Net loss (29,942)       (29,942)
Ending balance (in shares) at Sep. 30, 2025   117,897,308      
Ending balance at Sep. 30, 2025 $ 604,835 $ 118 $ 1,428,039 $ 18,382 $ (841,704)