Long-Term Debt, Net, and Other Borrowings (Tables)

9 Months Ended

Sep. 30, 2024

Debt Disclosure [Abstract]

Schedule of Maturities of Principal Obligations

(in thousands)	September 30, 2024		December 31, 2023
Principal amount 2.625% Convertible Senior Notes due 2027	$	575,000	$	575,000
Unamortized debt issuance costs	(11,283)		(13,955)
Finance lease liabilities	1,609		1,448
Total	565,326		562,493
Less: current portion of long-term debt and other borrowings(1)	(564,713)		(823)
Total long-term debt, net and other borrowings	$	613	$	561,670

(1)During the three months ended September 30, 2024, as discussed below, criteria were met for conversion of the 2.625% Convertible Senior Notes due 2027 (the “Notes”) at the option of the holders of the Notes. As a result, under ASC 470, “Debt”, the Company is required to classify the carrying value as current on the Company’s condensed consolidated balance sheet at September 30, 2024. The maturity date of the Notes remains December 15, 2027.