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INDEBTEDNESS (Tables)

9 Months Ended

Sep. 30, 2025

Debt Disclosure [Abstract]

Schedule of Net Carrying Amount of Convertible Notes

The following tables summarize the Company's Notes as of September 30, 2025 and December 31, 2024 (in thousands):

			September 30, 2025
			Principal Outstanding						Unamortized Debt Issuance Costs						Net Carrying Value
2026 Senior Notes (i)			$	1,000,000					$	(1,883)					$	998,117
2030 Senior Notes			1,200,000						(15,142)						1,184,858
2031 Senior Notes			1,000,000						(7,982)						992,018
2032 Senior Notes			2,000,000						(22,960)						1,977,040
2033 Senior Notes			1,000,000						(12,735)						987,265
2026 Convertible Notes (i)			575,000						(999)						574,001
2027 Convertible Notes			575,000						(2,799)						572,201
Total			$	7,350,000					$	(64,500)					$	7,285,500

			December 31, 2024
			Principal Outstanding												Unamortized Debt Issuance Costs						Net Carrying Value
2026 Senior Notes			$	1,000,000											$	(3,983)					$	996,017
2031 Senior Notes			1,000,000												(9,029)						990,971
2032 Senior Notes			2,000,000												(24,974)						1,975,026
2025 Convertible Notes (i)			1,000,000												(503)						999,497
2026 Convertible Notes			575,000												(2,277)						572,723
2027 Convertible Notes			575,000												(3,798)						571,202
Total			$	6,150,000											$	(44,564)					$	6,105,436

(i) Net carrying value disclosed as current portion of long-term debt within total current liabilities on the condensed consolidated balance sheet.

Schedule of Interest Expense on Convertible Notes

The Company recognized interest expense on the Notes as follows (in thousands):

			Three Months Ended September 30,												Nine Months Ended September 30,
			2025						2024						2025						2024
Contractual interest expense			$	63,764					$	48,822					$	160,541					$	99,550
Amortization of debt issuance costs			2,979						3,232						8,410						8,717
Total			$	66,743					$	52,054					$	168,951					$	108,267

Schedule of Amounts Drawn on Facilities by Year of Maturity

The table below summarizes the future scheduled principal payments of amounts drawn on the Company's Warehouse Facilities (in thousands):

			September 30, 2025
2026 (i)			$	176,194
2027			284,805
2028			40,000
Total			$	500,999

(i) Includes $157.4 million of future scheduled principal payments in 2026, which are disclosed as warehouse funding facilities, current, within total current liabilities on the condensed consolidated balance sheet.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 470
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-1

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