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Debt (Tables) | 9 Months Ended
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Sep. 30, 2025
Debt Disclosure [Abstract] |
Schedule of Long-term Debt | Long-term debt consists of the following (in thousands):
| September 30, 2025 |  | December 31, 2024
4.625% Senior Notes | $ | 460,038 |  |  | $ | 460,038 |
1.75% Convertible Notes | 149,109 |  |  | 149,109 |
3.625% Convertible Notes | 263,147 |  |  | 263,147 |
Total Notes | 872,294 |  |  | 872,294 |
Credit Agreement | — |  |  | — |
Less: Unamortized discount | (4,637) |  |  | (5,676) |
Deferred issuance costs (1) | (1,720) |  |  | (2,336) |
Total long-term debt | $ | 865,937 |  |  | $ | 864,282 |
(1)Includes $0.6 million and $0.7 million of carrying amount of deferred issuance costs on the 4.625% Senior Notes as of September 30, 2025 and December 31, 2024, respectively, $0.5 million and $0.9 million of carrying amount of deferred issuance costs on the 1.75% Convertible Notes as of September 30, 2025 and December 31, 2024, respectively, and $0.6 million and $0.7 million of carrying amount of deferred issuance costs on the 3.625% Convertible Notes as of September 30, 2025 and December 31, 2024, respectively.
Schedule of Debt | The following table provides the components of interest expense related to the 1.75% Convertible Notes (in thousands):
| Three months ended September 30, |  | Nine months ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Contractual interest expense | $ | 652 |  |  | $ | 964 |  |  | $ | 1,957 |  |  | $ | 5,777 |
Amortization of discount and deferred issuance costs | 125 |  |  | 185 |  |  | 373 |  |  | 1,128 |
Total interest expense related to 1.75% Convertible Notes | $ | 777 |  |  | $ | 1,149 |  |  | $ | 2,330 |  |  | $ | 6,905 |
The following table provides the components of interest expense related to the 3.625% Convertible Notes (in thousands):
| Three months ended September 30, |  | Nine months ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Coupon interest expense | $ | 2,385 |  |  | $ | 1,987 |  |  | $ | 7,154 |  |  | $ | 1,987 |
Amortization of discount and debt issuance costs | 323 |  |  | 258 |  |  | 958 |  |  | 258 |
Total interest expense related to 3.625% Convertible Notes | $ | 2,708 |  |  | $ | 2,245 |  |  | $ | 8,112 |  |  | $ | 2,245 |

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