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EARNINGS PER COMMON SHARE | 12 Months Ended
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Dec. 31, 2024
Earnings Per Share [Abstract] |
EARNINGS PER COMMON SHARE | EARNINGS PER COMMON SHARE Potentially issuable shares of common stock include shares issuable upon the exercise of outstanding employee stock option awards, common stock issuable under the Company’s ESPP, unvested RSUs and contingent issuances of common stock related to the Company's convertible debt. The following table sets forth the computation of basic and diluted earnings per common share (common shares in thousands):
| Twelve Months Ended December 31,
| 2024 |  | 2023 |  | 2022
Numerator: |  |  |  |  |
Net income, basic | $ | 426,859 |  |  | $ | 167,645 |  |  | $ | 141,561 |
Add: Interest expense, net of tax, on the Company's convertible debt | 7,327 |  |  | — |  |  | — |
Net income, diluted | $ | 434,186 |  |  | $ | 167,645 |  |  | $ | 141,561 |
Denominator: |  |  |  |  |
Weighted-average common shares outstanding, basic | 190,027 |  |  | 187,834 |  |  | 185,266 |
Effect of dilutive securities: |  |  |  |  |
Common stock issuable under the Company's equity incentive plans | 2,316 |  |  | 3,761 |  |  | 3,697 |
Common stock issuable under the Company’s convertible debt (1) | 4,365 |  |  | — |  |  | — |
Weighted-average common shares outstanding, diluted | 196,708 |  |  | 191,595 |  |  | 188,963 |
Earnings per common share, basic | $ | 2.25 |  |  | $ | 0.89 |  |  | $ | 0.76 |
Earnings per common share, diluted | $ | 2.21 |  |  | $ | 0.87 |  |  | $ | 0.75 |
In addition to the equity instruments included in the table above, the table below presents potential shares of common stock that were excluded from the computation of diluted earnings per common share as they were anti-dilutive (in thousands):
| Twelve Months Ended December 31,
| 2024 |  | 2023 |  | 2022
Common stock issuable under the Company's equity incentive plans | 9,438 |  |  | 8,072 |  |  | 8,148 |
Common stock issuable under the Company’s convertible debt (1) | — |  |  | 8,335 |  |  | 8,335 |
Total number of potentially issuable shares | 9,438 |  |  | 16,407 |  |  | 16,483 |
(1) If converted, the Company would issue 4.0 million shares under the 2024 Notes and 4.4 million shares under the 2027 Notes. The Company’s 2024 Notes matured in August 2024 and substantially all holders were repaid in cash. For additional discussion of our convertible debt, see Note 10 to these Consolidated Financial Statements.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
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