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DEBT (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Debt Disclosure [Abstract] |
Schedule of Carrying Value, Interest Expense, and Effective Interest Rate for the Notes | Carrying value of the Notes:
(in thousands) | March 31, 2023 |  | December 31, 2022
Principal | $ | 567,000 |  |  | $ | 600,000 |
Unamortized issuance costs | (5,345) |  |  | (6,391) |
Convertible senior notes, net | $ | 561,655 |  |  | $ | 593,609 |
Interest expense related to the Notes:
|  |  | Three Months Ended March 31,
(in thousands) |  |  |  |  | 2023 |  | 2022
Contractual interest expense (0.75% coupon) |  |  |  |  | $ | 1,125 |  |  | $ | 1,125 |
Amortization of issuance costs |  |  |  |  | 728 |  |  | 719 |
|  |  |  |  | $ | 1,853 |  |  | $ | 1,844 |
Schedule of Future Payments of Principal and Contractual Interest | Future payments of principal and contractual interest:
| March 31, 2023
(in thousands) | Principal |  | Interest |  | Total
Remainder of 2023 | $ | — |  |  | $ | 1,772 |  |  | $ | 1,772 |
2024 | — |  |  | 4,253 |  |  | 4,253 |
2025 | 567,000 |  |  | 2,126 |  |  | 569,126 |
| $ | 567,000 |  |  | $ | 8,151 |  |  | $ | 575,151 |
Schedule of Change in Capped Call Transactions | Change in capped call transactions:
| Three Months Ended March 31,
(in thousands) | 2023 |  | 2022
January 1, | $ | 2,582 |  |  | $ | 59,964 |
Settlements | (188) |  |  | — |
Fair value adjustment | 3,206 |  |  | (30,560) |
March 31, | $ | 5,600 |  |  | $ | 29,404 |
Schedule of Minimum Consolidated EBITDA | Beginning with the fiscal quarter ended March 31, 2023 and ending with the fiscal year ended December 31, 2023, maintain
| Year to Date
(in thousands) | March 31, 2023 |  | June 30, 2023 |  | September 30, 2023 |  | December 31, 2023
Minimum Consolidated EBITDA (as defined in the Credit Facility) | $ | 38,862 |  |  | $ | 59,894 |  |  | $ | 95,597 |  |  | $ | 214,590 |

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