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NET INCOME PER SHARE (Tables)
12 Months Ended
Dec. 31, 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:
Years Ended December 31,
202220212020
(In thousands, except per share data)
Numerator:
Net income$397,362 $145,449 $133,995 
Convertible senior notes interest and financing costs, net2,629 177 177 
Adjusted net income$399,991 $145,626 $134,172 
Denominator:
Shares used in basic per share amounts:
Weighted average common shares outstanding135,349 134,025 125,561 
Shares used in diluted per share amounts:
Weighted average common shares outstanding135,349 134,025 125,561 
Effect of dilutive securities:
Employee stock-based awards3,407 4,918 6,997 
Notes due 2023900 900 900 
Notes due 2024— 768 4,449 
2024 Warrants
— 647 4,011 
Notes due 2025— 929 — 
2025 Warrants
659 691 — 
Notes due 20262,057 — — 
Notes due 20282,018 — — 
Weighted average common shares outstanding for diluted calculation144,390 142,878 141,918 
Basic and diluted net income per share
Net income per share, basic$2.94 $1.09 $1.07 
Net income per share, diluted$2.77 $1.02 $0.95 
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:
Years Ended December 31,
202220212020
(In thousands)
Employee stock-based awards135 32 43 
Notes due 20251,253 — 197 
2025 Warrants
— — 1,254 
Notes due 2028— 1,082 — 
2028 Warrants1,547 2,184 — 
Notes due 2026— 1,328 — 
2026 Warrants1,577 2,225 — 
Total4,512 6,851 1,494