XML 39 R26.htm IDEA: XBRL DOCUMENT v3.25.1

Borrowings (Tables)

3 Months Ended

Mar. 31, 2025

Debt Disclosure [Abstract]

Schedule of Principal and Unamortized Debt Issuance Costs and Other Material Features of Notes

The table below summarizes the principal and unamortized debt issuance costs and other material features of the Notes (in thousands):

																											Carrying Amount as of
			Conversion Rate per $1,000 Principal						Conversion Price (1)						Maturities						Stated Interest Rates						March 31, 2025						December 31, 2024
Convertible notes:
Principal – 2026 Notes			3.2392						$	308.72					2026						0.0%						$	557,724					$	1,245,232
Principal – 2027 Notes			20.4526						$	48.89					2027						2.0%						1,000,000						1,000,000
Principal – 2030 Notes			27.6656						$	36.15					2030						0.0%						690,000						—
Unamortized debt issuance costs, net																											(15,581)						(6,310)
Net carrying amount																											$	2,232,143					$	2,238,922

1)    We entered into capped call transactions in connection with the 2026 and 2030 Notes. The cap price of the capped call transactions relating to the Notes was initially $343.02 and $47.74, respectively, subject to certain adjustments under the terms of the capped call transactions. See below "--Capped Call Transactions."

X

- Definition

Tabular disclosure of convertible debt instrument. Includes, but is not limited to, principal amount and amortized premium or discount.

+ References

No definition available.

+ Details

Name:	us-gaap_ConvertibleDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_DebtDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration