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INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Disclosure [Abstract]

Schedule of Components of Income (Loss) Before (Benefit From) Provision for Income Taxes

The components of income (loss) before provision for income taxes are:

(in thousands)			2024						2023						2022
Domestic			$	51,966					$	14,016					$	(185,820)
Foreign			90,670						81,424						24,023
			$	142,636					$	95,440					$	(161,797)

Schedule of Components of Provision for Income Taxes

The components of provision for income taxes are:

(in thousands)			2024						2023						2022
Current:
Federal			$	22,941					$	7,827					$	3,920
State			7,503						4,480						775
Foreign			14,547						14,962						10,200
Total current provision			44,991						27,269						14,895
Deferred:
Federal			—						—						149,028
State			—						—						20,704
Foreign			(1,544)						363						(842)
Total deferred (benefit) provision			(1,544)						363						168,890
			$	43,447					$	27,632					$	183,785

Schedule of Reconciliation of Effective Income Tax Rate From Statutory Federal Income Tax Rate

A reconciliation of the U.S federal statutory tax rate and the Company’s effective tax rate:

(in thousands)			2024						2023						2022
U.S. federal income taxes at statutory rates			$	29,954					$	20,042					$	(33,977)
Valuation allowance			(1,504)						(19,272)						188,258
State income taxes, net of federal benefit and tax credits			1,297						4,117						(2,433)
Permanent differences			786						435						11,561
Federal research and experimentation credits			(4,888)						(3,709)						(5,012)
Tax effects of foreign activities			(7,817)						658						3,770
GILTI, FDII, and BEAT			13,945						14,022						16,390
Provision to return adjustments			121						(3,728)						(6,317)
Non-deductible compensation			10,933						6,818						4,769
Tax Reserves			5,917						1,850						5,673
Excess tax (benefits) / detriments related to share-based compensation			(5,645)						4,666						1,563
Impact of change in tax law			—						1,726						(793)
Other			348						7						333
			$	43,447					$	27,632					$	183,785

Schedule of Components of Net Deferred Tax Assets and Liabilities

Significant components of net deferred tax assets and liabilities are:

			December 31,
(in thousands)			2024						2023
Deferred tax assets:
Net operating loss carryforwards			$	72,089					$	84,656
Accruals and reserves			57,312						41,323
Software revenue			454						3,186
Convertible senior notes			355						2,645
Tax credit carryforwards			10,441						28,456
Research and development capitalization			75,289						58,866
Total deferred tax assets			215,940						219,132
Valuation allowances			(195,252)						(196,901)
Total net deferred tax assets			20,688						22,231
Deferred tax liabilities:
Capped call transactions			(57)						(223)
Depreciation			(3,663)						(4,428)
Intangibles			(9,116)						(11,979)
Other, net			(3,554)						(2,782)
Total deferred tax liabilities			(16,390)						(19,412)
			$	4,298					$	2,819

Schedule of Reconciliation of Beginning and Ending Balances of Gross Unrecognized Tax Benefits

A rollforward of the Company’s gross unrecognized tax benefits is:

(in thousands)			2024						2023						2022
Balance as of January 1,			$	30,655					$	19,746					$	17,584
Additions for tax positions related to the current year			7,316						4,859						1,706
Additions for tax positions of prior years			2,941						7,921						728
Reductions for tax positions of prior years			(3,026)						(1,871)						(272)
Balance as of December 31,			$	37,886					$	30,655					$	19,746

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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