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NET INCOME PER SHARE (Tables)
9 Months Ended
Sep. 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 per share for the periods presented:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2025202420252024
(In thousands, except per share data)
Numerator:
Net income$66,638 $45,762 $133,420 $40,498 
Notes due 2028 and Notes due 2026 financing costs, net243 618 732 — 
Adjusted net income$66,881 $46,380 $134,152 $40,498 
Denominator:
Shares used in basic per share amounts:
Weighted average common shares outstanding130,797 135,329 131,228 135,621 
Shares used in diluted per share amounts:
Weighted average common shares outstanding used for basic calculation130,797 135,329 131,228 135,621 
Effect of dilutive securities:
Employee stock-based awards180 456 193 528 
2025 Warrants
— 54 — 87 
Notes due 2026— 2,057 — — 
Notes due 20282,018 2,018 2,018 — 
Weighted average common shares outstanding for diluted calculation132,995 139,914 133,439 136,236 
Basic and diluted net income per share
Net income per share, basic$0.51 $0.34 $1.02 $0.30 
Net income per share, diluted$0.50 $0.33 $1.01 $0.30 
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:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2025202420252024
(In thousands)
Employee stock-based awards3,177 1,330 3,337 1,396 
Notes due 2025— 1,253 693 1,253 
Warrants 20251,213 — 742 — 
Notes due 202614,968 — 10,959 2,057 
2026 Warrants18,584 5,269 13,537 5,065 
Notes due 2028— — — 2,018 
2028 Warrants18,235 5,170 13,283 4,970 
Total56,177 13,022 42,551 16,759