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Employee Benefits and Share-Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Compensation Expense
The following table sets forth the total share-based compensation expense recognized in the Company’s Condensed Consolidated Statements of Operations:
Three Months Ended March 31,
20252024
(In thousands)
Cost of product and service revenues$1,718 $1,555 
Research and development1,220 1,075 
Selling, general, and administrative7,848 6,011 
Total share-based compensation expense$10,786 $8,641 
Schedule of Assumptions Used to Value ESPP Shares
The following assumptions were used to value shares under the ESPP for the three months ended March 31, 2025 and 2024:
Three Months Ended March 31,
20252024
Expected life, years
0.5 - 2.0
0.5 - 2.0
Expected volatility, %
45.8% - 58.7%
33.7% - 57.0%
Risk-free interest rate, %
4.1% - 5.2%
1.5% - 5.5%
Dividend yield, % — %— %
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, 20241,760 $67.51 3.6$2,619 
Granted— — 
Exercised(1)30.92 
Expired(34)65.41 
Forfeited— — 
Outstanding at March 31, 20251,725 $67.58 3.4$426 
Exercisable at March 31, 20251,723 $67.50 3.4$426 
Vested and expected to vest at March 31, 2025 and thereafter1,725 $67.58 3.4$426 
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, 20241,614 $54.58 1.6$71,849 
Granted 160 33.87 
Vested (110)66.08 
Forfeited(139)55.85 
Outstanding and unvested at March 31, 20251,525 $51.46 1.5$53,326 
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, 2024177 $28.67 
Granted (Awarded)139 32.66 
Additional granted based on performance achievement135 28.67 
Vested (Released)(78)28.67 
Forfeited— — 
Outstanding and unvested at March 31, 2025373 $30.16 
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 March 31, 2025:
Number of Shares
(In thousands)
Stock options outstanding1,725 
Non-vested restricted stock awards1,947 
Shares authorized for future issuance2,845 
ESPP shares available for future issuance2,391 
Total shares reserved for future issuance8,908