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NET INCOME PER SHARE (Tables)
12 Months Ended
Dec. 31, 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:
Years Ended December 31,
202320222021
(In thousands, except per share data)
Numerator:
Net income$438,936 $397,362 $145,449 
Convertible senior notes interest and financing costs, net of tax2,573 2,629 177 
Adjusted net income$441,509 $399,991 $145,626 
Denominator:
Shares used in basic per share amounts:
Weighted average common shares outstanding136,376 135,349 134,025 
Shares used in diluted per share amounts:
Weighted average common shares outstanding used for basic calculation136,376 135,349 134,025 
Effect of dilutive securities:
Employee stock-based awards1,782 3,407 4,918 
Notes due 2023638 900 900 
Notes due 2024— — 768 
2024 Warrants
— — 647 
Notes due 2025— — 929 
2025 Warrants
419 659 691 
Notes due 20262,057 2,057 — 
Notes due 20282,018 2,018 — 
Weighted average common shares outstanding for diluted calculation143,290 144,390 142,878 
Basic and diluted net income per share
Net income per share, basic$3.22 $2.94 $1.09 
Net income per share, diluted$3.08 $2.77 $1.02 
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,
202320222021
(In thousands)
Employee stock-based awards1,113 135 32 
Notes due 2028— — 1,082 
2028 Warrants2,981 1,547 2,184 
Notes due 2026— — 1,328 
2026 Warrants3,038 1,577 2,225 
Notes due 20251,253 1,253 — 
Total8,385 4,512 6,851