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INDEBTEDNESS (Tables) | 6 Months Ended
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Jun. 30, 2023
Debt Disclosure [Abstract] |
Schedule of long-term debt instruments | The components of indebtedness were as follows as of June 30, 2023 (in thousands, except percentages):
Indebtedness |  | Effective Interest Rate |  | Principal Amount |  | Unamortized Debt Discount and Issuance Costs |  | Net Carrying Amount |  |  |  |
0.50% 2026 Convertible Notes due on June 1, 2026 |  | 0.98 | % |  | $ | 1,373,013 |  |  | $ | (19,756) |  |  | $ | 1,353,257 |  |  |  |  |
3.38% 2028 Senior Notes due on October 1, 2028 |  | 3.57 | % |  | 1,000,000 |  |  | (9,025) |  |  | 990,975 |  |  |  |  |
3.63% 2031 Senior Notes due on October 1, 2031 |  | 3.77 | % |  | 1,000,000 |  |  | (9,975) |  |  | 990,025 |  |  |  |  |
Total |  |  |  | $ | 3,373,013 |  |  | $ | (38,756) |  |  | $ | 3,334,257 |  |  |  |  |
The components of indebtedness were as follows as of December 31, 2022 (in thousands, except percentages):
Indebtedness |  | Effective Interest Rate |  | Principal Amount |  | Unamortized Debt Discount and Issuance Costs |  | Net Carrying Amount |  |  |  |
0.50% 2026 Convertible Notes due on June 1, 2026 |  | 0.98 | % |  | $ | 1,437,500 |  |  | $ | (23,339) |  |  | $ | 1,414,161 |  |  |  |  |
3.38% 2028 Senior Notes due on October 1, 2028 |  | 3.57 | % |  | 1,000,000 |  |  | (10,022) |  |  | 989,978 |  |  |  |  |
3.63% 2031 Senior Notes due on October 1, 2031 |  | 3.77 | % |  | 1,000,000 |  |  | (10,691) |  |  | 989,309 |  |  |  |  |
Total |  |  |  | $ | 3,437,500 |  |  | $ | (44,052) |  |  | $ | 3,393,448 |  |  |  |  |
Interest expense disclosure | The following table summarizes the interest expense for the 2026 Convertible Notes, the 2028 Senior Notes, and the 2031 Senior Notes (in thousands):
|  | Three Months Ended June 30, |  | Six Months Ended June 30, |  |  |  |
|  | 2023 |  | 2022 |  | 2023 |  | 2022 |  |  |  |
Coupon interest |  | $ | 19,289 |  |  | $ | 19,234 |  |  | $ | 38,585 |  |  | $ | 38,641 |  |  |  |  |
Amortization of debt discount and issuance costs |  | 2,238 |  |  | 2,168 |  |  | 4,403 |  |  | 4,238 |  |  |  |  |
Total |  | $ | 21,527 |  |  | $ | 21,402 |  |  | $ | 42,988 |  |  | $ | 42,879 |  |  |  |  |

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