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DEBT (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Debt Disclosure [Abstract] |
Schedule of Carrying Value and Interest Expense Related to the Notes | Carrying value of the Notes:
(in thousands) | March 31, 2024 |  | December 31, 2023
Principal | $ | 502,270 |  |  | $ | 502,270 |
Unamortized issuance costs | (2,285) |  |  | (2,902) |
Convertible senior notes, net | $ | 499,985 |  |  | $ | 499,368 |
Interest expense related to the Notes:
| Three Months Ended March 31, |  |
(in thousands) | 2024 |  | 2023 |  |  |  |
Contractual interest expense (0.75% coupon) | $ | 942 |  |  | $ | 1,125 |  |  |  |  |
Amortization of issuance costs | 617 |  |  | 728 |  |  |  |  |
| $ | 1,559 |  |  | $ | 1,853 |  |  |  |  |
Schedule of Future Payments | Future payments:
| March 31, 2024
(in thousands) | Principal |  | Interest |  | Total
Remainder of 2024 | $ | — |  |  | $ | 1,883 |  |  | $ | 1,883 |
2025 | 502,270 |  |  | 1,884 |  |  | 504,154 |
| $ | 502,270 |  |  | $ | 3,767 |  |  | $ | 506,037 |
Schedule of Change in Capped Call Transactions | Change in capped call transactions:
| Three Months Ended March 31,
(in thousands) | 2024 |  | 2023
January 1, | $ | 893 |  |  | $ | 2,582 |
Settlements | — |  |  | (188) |
Fair value adjustment | 3,299 |  |  | 3,206 |
March 31, | $ | 4,192 |  |  | $ | 5,600 |

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