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STOCK PLANS (Tables)
6 Months Ended
Jun. 30, 2025
Stockholders' Equity Note [Abstract]  
Schedule of Recognized Stock-Based Compensation Expense
The Company recognized stock-based compensation expense in the periods presented as follows (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Cost of goods sold$1,682 $1,259 $3,398 $2,387 
Research and development2,407 1,925 4,648 3,728 
Selling, general and administrative11,383 8,848 21,979 16,833 
Contingent consideration (gains) charges, acquisition-related expenses, restructuring and other— 492 — 2,727 
        Total$15,472 $12,524 $30,025 $25,675 
Stock-based compensation from:
    Stock options$4,309 $5,796 $8,749 $12,525 
    Restricted stock units10,681 6,517 20,287 12,727 
    Employee stock purchase plan share options482 211 989 423 
        Total$15,472 $12,524 $30,025 $25,675 
Schedule of the Company's Stock Option Activity and Restricted Stock Unit Activity
The following tables contain information about the Company’s stock option and restricted stock unit, or RSU, activity for the six months ended June 30, 2025:
Stock Options Number of
Stock Options
 Weighted Average Exercise Price (Per Share)
 Outstanding at December 31, 2024
6,845,618 $42.95 
     Granted432,632 25.45 
     Forfeited(21,074)32.88 
     Expired(414,815)55.29 
 Outstanding at June 30, 2025
6,842,361 41.12 
Restricted Stock Units Number of
Restricted
Stock Units
 Weighted Average Grant Date Fair Value (Per Share)
Unvested at December 31, 2024
2,769,728 $32.07 
     Granted2,355,965 26.11 
     Vested(722,131)37.04 
     Forfeited(108,615)28.77 
Unvested at June 30, 2025
4,294,947 28.05 
Schedule of Valuation Assumptions The fair values of stock options granted were estimated using the Black-Scholes option valuation model with the following weighted average assumptions:
Black-Scholes Weighted Average AssumptionSix Months Ended June 30, 2025
Expected dividend yieldNone
Risk-free interest rate4.19%
Expected volatility57.8%
Expected term of options5.14 years