Debt (Tables)

3 Months Ended

Mar. 31, 2026

Debt Disclosure [Abstract]

Schedule of Debt

The following table summarizes the Company’s total debt (in thousands):

	March 31, 2026		December 31, 2025
Revolving credit facility	$	—	$	—
2028 Convertible notes	325,000		325,000
2031 Convertible notes	345,000		345,000
Other debt	9,464		12,802
Total principal	679,464		682,802
Unamortized discount and issuance costs, total	(13,042)		(13,823)
Current portion of debt	(9,464)		(10,315)
Total long-term debt, net of current portion	$	656,958	$	658,664

Schedule of Convertible Debt

The net carrying amount of the Convertible Notes was as follows (in thousands):

	March 31, 2026				December 31, 2025
	2028 Convertible Notes		2031 Convertible Notes		2028 Convertible Notes		2031 Convertible Notes
Principal	$	325,000	$	345,000	$	325,000	$	345,000
Unamortized issuance costs	(3,909)		(9,133)		(4,267)		(9,556)
Net carrying amount	$	321,091	$	335,867	$	320,733	$	335,444

The following table summarizes the key terms of the capped calls issued in connection with the 2028 Convertible Notes (the “2028 Capped Calls”) and the capped calls issued in connection with the 2031 Convertible Notes (the “2031 Capped Calls”, together with the 2028 Capped Calls, the “Capped Calls”):

	Premium Paid (In Millions)		Number of Shares Covered (In Millions)	Initial Strike Price		Cap Price
2028 Capped Calls	$	52.9	17.8	$	23.86	$	36.02
2031 Capped Calls	$	35.1	42.5	$	8.12	$	12.74