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NET INCOME (LOSS) PER SHARE (Tables)
6 Months Ended
Jun. 30, 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
June 30,
Six Months Ended
June 30,
2025202420252024
(In thousands, except per share data)
Numerator:
Net income (loss)$37,052 $10,833 $66,782 $(5,264)
Notes due 2028 and Notes due 2026 financing costs, net625 — 1,230 — 
Adjusted net income (loss)$37,677 $10,833 $68,012 $(5,264)
Denominator:
Shares used in basic per share amounts:
Weighted average common shares outstanding131,031 135,646 131,447 135,768 
Shares used in diluted per share amounts:
Weighted average common shares outstanding used for basic calculation131,031 135,646 131,447 135,768 
Effect of dilutive securities:
Employee stock-based awards113 374 197 — 
2025 Warrants
— 103 — — 
Notes due 20262,057 — 2,057 — 
Notes due 20282,018 — 2,018 — 
Weighted average common shares outstanding for diluted calculation135,219 136,123 135,719 135,768 
Basic and diluted net income (loss) per share
Net income (loss) per share, basic$0.28 $0.08 $0.51 $(0.04)
Net income (loss) per share, diluted$0.28 $0.08 $0.50 $(0.04)
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
June 30,
Six Months Ended
June 30,
2025202420252024
(In thousands)
Employee stock-based awards3,368 1,435 3,434 1,515 
Notes due 2025— 1,253 618 1,253 
Warrants 2025940 — 685 104 
Notes due 2026— 2,057 — 2,057 
2026 Warrants15,663 4,971 12,936 4,964 
Notes due 2028— 2,018 — 2,018 
2028 Warrants15,369 4,877 12,693 4,871 
Total35,340 16,611 30,366 16,782