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NET INCOME PER SHARE (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Net Income (Loss) Per Share

The following table presents the computation of basic and diluted net income per share for the periods presented:

			Three Months Ended June 30,												Six Months Ended June 30,
			2022						2021						2022						2021
			(In thousands, except per share data)
Numerator:
Net income			$	76,976					$	39,351					$	128,797					$	71,049
Convertible Senior Notes interest and financing costs, net			662						45						1,304						89
Adjusted net income			$	77,638					$	39,396					$	130,101					$	71,138
Denominator:
Shares used in basic per share amounts:
Weighted average common shares outstanding			135,196						135,094						134,768						133,209
Shares used in diluted per share amounts:
Weighted average common shares outstanding			135,196						135,094						134,768						133,209
Effect of dilutive securities:
Employee stock-based awards			3,042						4,554						3,399						5,177
Notes due 2023			900						900						900						900
Notes due 2024			—						45						—						1,506
2024 Warrants			—						43						—						1,268
Notes due 2025			—						557						—						1,137
2025 Warrants			512						340						460						825
Notes due 2026			2,057						—						2,057						—
Notes due 2028			2,018						—						2,018						—
Weighted average common shares outstanding for diluted calculation			143,725						141,533						143,602						144,022
Basic and diluted net income per share
Net income per share, basic			$	0.57					$	0.29					$	0.96					$	0.53
Net income per share, diluted			$	0.54					$	0.28					$	0.91					$	0.49

Schedule of Potentially Dilutive Securities Excluded from the Computation of Diluted Net Income (Loss) Per Share

The following outstanding shares of common stock equivalents were excluded from the calculation of the diluted net income per share attributable to common stockholders because their effect would have been antidilutive:

			Three Months Ended June 30,												Six Months Ended June 30,
			2022						2021						2022						2021
			(In thousands)
Employee stock-based awards			572						178						598						88
Notes due 2028			—						1,902						—						1,234
2028 Warrants			2,425						3,457						2,735						2,264
Notes due 2026			—						2,255						—						1,468
2026 Warrants			2,471						3,457						2,788						2,264
Notes due 2025			1,253						—						1,253						—
Total			6,721						11,249						7,374						7,318

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- References

No definition available.

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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