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NET INCOME PER SHARE (Tables)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Net Income Per Share
The following table presents the computation of basic and diluted net income per share for the periods presented:
Years Ended December 31,
202420232022
(In thousands, except per share data)
Numerator:
Net income$102,658 $438,936 $397,362 
Convertible senior notes interest and financing costs, net of tax2,486 2,573 2,629 
Adjusted net income$105,144 $441,509 $399,991 
Denominator:
Shares used in basic per share amounts:
Weighted average common shares outstanding135,167 136,376 135,349 
Shares used in diluted per share amounts:
Weighted average common shares outstanding used for basic calculation135,167 136,376 135,349 
Effect of dilutive securities:
Employee stock-based awards474 1,782 3,407 
Notes due 2023— 638 900 
Notes due 2025288 — — 
2025 Warrants
— 419 659 
Notes due 20262,057 2,057 2,057 
Notes due 20282,018 2,018 2,018 
Weighted average common shares outstanding for diluted calculation140,004 143,290 144,390 
Basic and diluted net income per share
Net income per share, basic$0.76 $3.22 $2.94 
Net income per share, diluted$0.75 $3.08 $2.77 
Schedule of Potentially Dilutive Securities Excluded from the Computation of Diluted Net Income 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,
202420232022
(In thousands)
Employee stock-based awards1,359 1,113 135 
Notes due 2025— 1,253 1,253 
2026 Warrants5,673 3,038 1,577 
2028 Warrants5,566 2,981 1,547 
Total12,598 8,385 4,512