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NET INCOME (LOSS) PER SHARE (Tables)
3 Months Ended
Mar. 31, 2025
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 (loss) per share for the periods presented:
Three Months Ended
March 31,
20252024
(In thousands, except per share data)
Numerator:
Net income (loss)$29,730 $(16,097)
Notes due 2028 and Notes due 2026 financing costs, net605 — 
Adjusted net income (loss)$30,335 $(16,097)
Denominator:
Shares used in basic per share amounts:
Weighted average common shares outstanding131,869 135,891 
Shares used in diluted per share amounts:
Weighted average common shares outstanding used for basic calculation131,869 135,891 
Effect of dilutive securities:
Employee stock-based awards264 — 
Notes due 20262,057 — 
Notes due 20282,018 — 
Weighted average common shares outstanding for diluted calculation136,208 135,891 
Basic and diluted net income (loss) per share
Net income (loss) per share, basic$0.23 $(0.12)
Net income (loss) per share, diluted$0.22 $(0.12)
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 (loss) per share attributable to common stockholders because their effect would have been antidilutive:
Three Months Ended
March 31,
20252024
(In thousands)
Employee stock-based awards3,071 1,656 
Notes due 2025323 1,253 
Notes due 2026— 2,057 
2026 Warrants10,879 4,958 
Notes due 2028— 2,018 
2028 Warrants10,675 4,865 
Total24,948 16,807