XML 57 R48.htm IDEA: XBRL DOCUMENT v3.23.1
Debt - Narrative (Details)
1 Months Ended 3 Months Ended
Aug. 24, 2020
USD ($)
financial_ratio
Apr. 30, 2023
USD ($)
shares
Feb. 28, 2022
USD ($)
Apr. 30, 2018
USD ($)
shares
May 07, 2023
USD ($)
May 08, 2022
USD ($)
Apr. 04, 2018
$ / shares
Debt Instrument [Line Items]              
Proceeds from borrowings         $ 100,000,000 $ 0  
Issuance of common stock upon conversion of convertible senior notes (in shares) | shares   1,065          
Revolving Credit Facility              
Debt Instrument [Line Items]              
Term of credit facility 5 years            
Senior secured revolving credit facility maximum capacity $ 300,000,000            
Credit facility maturity period prior to stated maturity if out of compliance with liquidity threshold 91 days            
Credit facility, daily minimum sum of cash and cash equivalents and aggregate unused commitments to prevent maturity prior to stated maturity $ 625,000,000            
Repayments of lines of credit     $ 250,000,000        
Interest during the period (percent)           1.61%  
Interest expense         $ 400,000 $ 300,000  
Proceeds from lines of credit   $ 100,000,000          
Number of financial ratios | financial_ratio 2            
Consolidated leverage ratio, maximum         4.5    
Interest coverage ratio, minimum         3    
Revolving Credit Facility | Minimum              
Debt Instrument [Line Items]              
Commitment fee (percent) 0.25%            
Revolving Credit Facility | Maximum              
Debt Instrument [Line Items]              
Commitment fee (percent) 0.40%            
Revolving Credit Facility | Base Rate | Minimum              
Debt Instrument [Line Items]              
Margin rate (percent) 0.50%            
Revolving Credit Facility | Base Rate | Maximum              
Debt Instrument [Line Items]              
Margin rate (percent) 1.25%            
Revolving Credit Facility | London Interbank Offered Rate (LIBOR)1 | Interest Rate Floor              
Debt Instrument [Line Items]              
Effective interest rate (percent) 0.00%            
Revolving Credit Facility | London Interbank Offered Rate (LIBOR)1 | Minimum              
Debt Instrument [Line Items]              
Margin rate (percent) 1.50%            
Revolving Credit Facility | London Interbank Offered Rate (LIBOR)1 | Maximum              
Debt Instrument [Line Items]              
Margin rate (percent) 2.25%            
Revolving Credit Facility | Secured Overnight Financing Rate              
Debt Instrument [Line Items]              
Interest during the period (percent)         6.38%    
Capped Call              
Debt Instrument [Line Items]              
Payment for purchase of capped calls       $ 64,600,000      
Class A common stock | Capped Call              
Debt Instrument [Line Items]              
Exercise price (in dollars per share) | $ / shares             $ 39.66
Exercise price premium percentage over last reported sales price             100.00%
Convertible Senior Notes              
Debt Instrument [Line Items]              
Principal amount       $ 575,000,000      
Interest rate (as a percent)       0.125%      
Proceeds from borrowings       $ 562,100,000      
Repayments of convertible debt   $ 575,000,000          
Interest expense         $ 630,000 $ 827,000  
Convertible Senior Notes | Class A common stock              
Debt Instrument [Line Items]              
Number of convertible shares at initial conversion rate (in shares) | shares       21,884,155      
Conversion ratio (in shares)       0.0380594