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DEBT (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Debt Disclosure [Abstract] |
Schedule of Carrying Value and Interest Expense Related to the Notes | Carrying value of the Notes:
(in thousands) | September 30, 2023 |  | December 31, 2022
Principal | $ | 502,270 |  |  | $ | 600,000 |
Unamortized issuance costs | (3,517) |  |  | (6,391) |
Convertible senior notes, net | $ | 498,753 |  |  | $ | 593,609 |
Interest expense related to the Notes:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) | 2023 |  | 2022 |  | 2023 |  | 2022
Contractual interest expense (0.75% coupon) | $ | 827 |  |  | $ | 1,125 |  |  | $ | 2,949 |  |  | $ | 3,375 |
Amortization of issuance costs | 613 |  |  | 724 |  |  | 1,988 |  |  | 2,163 |
| $ | 1,440 |  |  | $ | 1,849 |  |  | $ | 4,937 |  |  | $ | 5,538 |
Schedule of Future Payments | Future payments:
| September 30, 2023
(in thousands) | Principal |  | Interest |  | Total
2024 | $ | — |  |  | $ | 3,767 |  |  | $ | 3,767 |
2025 | 502,270 |  |  | 1,884 |  |  | 504,154 |
| $ | 502,270 |  |  | $ | 5,651 |  |  | $ | 507,921 |
Schedule of Change in Capped Call Transactions | Change in capped call transactions:
| Nine Months Ended September 30,
(in thousands) | 2023 |  | 2022
January 1, | $ | 2,582 |  |  | $ | 59,964 |
Settlements | (341) |  |  | — |
Fair value adjustment | (449) |  |  | (56,381) |
September 30, | $ | 1,792 |  |  | $ | 3,583 |
Schedule of Minimum Consolidated EBITDA |
| 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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