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Fair Value (Tables)

3 Months Ended

Mar. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table presents fair values of our financial and debt instruments categorized by their fair value hierarchy as of March 31, 2024:

			Level 1						Level 2						Level 3						Total
Cash and cash equivalents			$	188,237					$	—					$	—					$	188,237
Available-for-sale investments			—						14,199						—						14,199
Equity investments			—						—						10,000						10,000
Convertible Senior Notes due 2026			—						604,920						—						604,920

The following table presents fair values of our financial and debt instruments categorized by their fair value hierarchy as of December 31, 2023:

			Level 1						Level 2						Level 3						Total
Cash and cash equivalents			$	165,493					$	—					$	—					$	165,493
Available-for-sale investments			—						17,431						—						17,431
Equity investments			—						—						10,000						10,000
2021 Credit Agreement
Term Loan A-1			—						49,801						—						49,801
Convertible Senior Notes due 2026			—						609,168						—						609,168

Schedule of Fair Value, by Balance Sheet Grouping

The following table presents the fair value and carrying value, net, of the amended 2021 Credit Agreement and our Convertible Notes due 2026:

			Fair Value at												Carrying Value at
			March 31, 2024						December 31, 2023						March 31, 2024						December 31, 2023
2021 Credit Agreement
Revolving Credit Facility			$	—					$	—					$	—					$	—
Term Loan A-1			—						49,801						—						49,801
Convertible Senior Notes due 2026			604,920						609,168						596,638						596,206
			$	604,920					$	658,969					$	596,638					$	646,007

X

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482907/825-10-50-11

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- References

No definition available.

+ Details

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X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

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