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Employee Benefits and Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Compensation Expense
The following table sets forth the total share-based compensation expense:
Year Ended December 31,
202420232022
(In thousands)
Cost of product and service revenues$6,373 $8,288 $9,067 
Research and development4,441 6,941 11,368 
Selling, general, and administrative28,502 40,071 47,812 
Total share-based compensation expense$39,316 $55,300 $68,247 
Schedule of Share Option Activity
The following table summarizes the stock option activity under the 2009 Plan:
Number of
Shares
Weighted-Average
Exercise Price
Weighted-Average
Remaining Years
Aggregate
Intrinsic Value
(In thousands, except per share data)
Outstanding at December 31, 20232,023 $67.68 4.6$1,013 
Granted— — 
Exercised(24)31.76 
Expired(216)73.44 
Forfeited(23)63.99 
Outstanding at December 31, 20241,760 $67.51 3.6$2,619 
Exercisable at December 31, 20241,757 $67.33 3.6$2,619 
Vested and expected to vest at December 31, 2024 and thereafter1,760 $67.50 3.6$2,619 
Schedule of Restricted Stock Unit Activity
The following table summarizes the RSU activity under the 2009 Plan:
Number of
Shares
Weighted-Average
Grant Date Fair Value
Weighted-Average
Remaining Years
Aggregate
Intrinsic Value
(In thousands, except per share data)
Outstanding at December 31, 20231,078 $84.66 1.5$40,551 
Granted 1,083 40.35 
Vested (380)89.84 
Forfeited(167)76.17 
Outstanding and unvested at December 31, 20241,614 $54.58 1.6$71,849 
Schedule of Restricted Stock Awards Activity
The following table summarizes the RSA activity under the 2009 Plan:
Number of
Shares
Weighted-Average
Grant Date Fair Value
(In thousands, except per share data)
Outstanding at December 31, 202324 $70.96 
Granted 51 31.94 
Vested (26)67.32 
Outstanding and unvested at December 31, 202449 $31.91 
Schedule of Performance-Based Restricted Stock Activity
The following table summarizes the PSU activity under the 2009 Plan:
Number of
Shares
Weighted-Average
Grant Date Fair Value
(In thousands, except per share data)
Outstanding at December 31, 202375 $127.14 
Granted (Awarded)177 28.67 
Vested (Released)(10)157.56 
Forfeited(65)122.29 
Outstanding and unvested at December 31, 2024177 $28.67 
Schedule of Ordinary Shares Reserved for Future Issuance Under Equity Incentive Plans
The Company had the following ordinary shares reserved for future issuance under its equity incentive plans as of December 31, 2024:
Number of Shares
(In thousands)
Stock options outstanding1,760 
Non-vested restricted stock awards1,840 
Shares authorized for future issuance3,362 
ESPP shares available for future issuance2,726 
Total shares reserved for future issuance9,688