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DEBT (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Debt
The following table provides information regarding the Company’s debt:
December 31,
2024
December 31,
2023
(In thousands)
Convertible notes
Notes due 2028$575,000 $575,000 
Less: unamortized debt issuance costs(4,102)(5,408)
Carrying amount of Notes due 2028 570,898 569,592 
Notes due 2026632,500 632,500 
Less: unamortized debt issuance costs(2,309)(4,317)
Carrying amount of Notes due 2026 630,191 628,183 
Notes due 2025102,168 102,175 
Less: unamortized debt discount(803)(5,644)
Less: unamortized debt issuance costs(74)(568)
Carrying amount of Notes due 2025101,291 95,963 
Total carrying amount of debt1,302,380 1,293,738 
Less: debt, current(101,291)— 
Debt, non-current$1,201,089 $1,293,738 
The following tables present the total amount of interest cost recognized in the consolidated statement of operations relating to the Notes:
Years Ended December 31,
20242023
Notes due 2028Notes due 2026Notes due 2025Notes due 2028Notes due 2026Notes due 2025Convertible Senior Notes due 2023 (the “Notes due 2023”)
(In thousands)
Contractual interest expense$— $— $256 $— $— $256 $117 
Amortization of debt discount— — 4,841 — — 4,585 — 
Amortization of debt issuance costs1,308 2,006 490 1,297 1,990 486 23 
Total interest cost recognized$1,308 $2,006 $5,587 $1,297 $1,990 $5,327 $140