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NET INCOME PER SHARE (Tables) | 9 Months Ended
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Sep. 30, 2023
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 September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022 |  |
| (In thousands, except per share data)
Numerator: |  |  |  |  |  |  |  |  |
Net income | $ | 113,953 |  |  | $ | 114,812 |  |  | $ | 418,017 |  |  | $ | 243,609 |  |  |
Convertible senior notes interest and financing costs, net | 1,655 |  |  | 1,623 |  |  | 4,910 |  |  | 1,966 |  |  |
Adjusted net income | $ | 115,608 |  |  | $ | 116,435 |  |  | $ | 422,927 |  |  | $ | 245,575 |  |  |
Denominator: |  |  |  |  |  |  |  |  |
Shares used in basic per share amounts: |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding | 136,165 |  |  | 135,633 |  |  | 136,491 |  |  | 135,056 |  |  |
Shares used in diluted per share amounts: |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding used for basic calculation | 136,165 |  |  | 135,633 |  |  | 136,491 |  |  | 135,056 |  |  |
Effect of dilutive securities: |  |  |  |  |  |  |  |  |
Employee stock-based awards | 1,307 |  |  | 3,344 |  |  | 1,907 |  |  | 3,433 |  |  |
Notes due 2023 | 750 |  |  | 900 |  |  | 850 |  |  | 900 |  |  |
Notes due 2025 | 1,253 |  |  | 1,253 |  |  | 1,253 |  |  | — |  |  |
2025 Warrants | 313 |  |  | 757 |  |  | 505 |  |  | 594 |  |  |
Notes due 2026 | 2,057 |  |  | 2,057 |  |  | 2,057 |  |  | 2,057 |  |  |
Notes due 2028 | 2,018 |  |  | 2,018 |  |  | 2,018 |  |  | 2,018 |  |  |
Weighted average common shares outstanding for diluted calculation | 143,863 |  |  | 145,962 |  |  | 145,081 |  |  | 144,058 |  |  |
Basic and diluted net income per share |  |  |  |  |  |  |  |  |
Net income per share, basic | $ | 0.84 |  |  | $ | 0.85 |  |  | $ | 3.06 |  |  | $ | 1.80 |  |  |
Net income per share, diluted | $ | 0.80 |  |  | $ | 0.80 |  |  | $ | 2.92 |  |  | $ | 1.70 |  |  |
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 September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022 |  |
| (In thousands)
Employee stock-based awards | 1,533 |  |  | 35 |  |  | 1,067 |  |  | 249 |  |  |
2028 Warrants | 3,620 |  |  | 959 |  |  | 2,468 |  |  | 1,933 |  |  |
2026 Warrants | 3,689 |  |  | 978 |  |  | 2,515 |  |  | 1,970 |  |  |
Notes due 2025 | — |  |  | — |  |  | — |  |  | 1,253 |  |  |
Total | 8,842 |  |  | 1,972 |  |  | 6,050 |  |  | 5,405 |  |  |

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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 -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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- 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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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