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Debt (Tables)
 3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Net Carrying Amount of Liability and Equity Component of Notes
The net carrying amount of the liability components of the Convertible Notes were as follows:
As of March 31,As of December 31,
20242023
2026 Convertible Notes:(In thousands)
Principal$175,000 $175,000 
Unamortized debt issuance costs(1,674)(1,891)
2026 Convertible Notes net carrying amount173,326 173,109 
2028 Convertible Notes:
Principal250,000 250,000 
Unamortized debt issuance costs(4,315)(4,583)
2028 Convertible Notes net carrying amount245,685 245,417 
Total net carrying amount$419,011 $418,526 
Schedule of Interest Income and Interest Expense Disclosure
The following table sets forth the interest expense recognized related to the Convertible Notes:
Three months ended March 31,
20242023
2026 Convertible Notes:(In thousands)
Contractual interest expense$109 $138 
Amortization of debt issuance costs217 296 
Total interest expense related to the 2026 Convertible Notes326 434 
2028 Convertible Notes:
Contractual interest expense313 313 
Amortization of debt issuance costs268 266 
Total interest expense related to the 2028 Convertible Notes581 579 
Total interest expense$907 $1,013 
Schedule of Capped Call Transactions
The following table sets forth key terms and costs incurred for the Capped Calls related to the Convertible Notes as of March 31, 2024:
2026 Convertible Notes2028 Convertible Notes
(In thousands, except share and per share amounts)
Initial approximate strike price per share, subject to certain adjustments$91.03 $179.27 
Initial cap price per share, subject to certain adjustments$137.40 $260.76 
Net costs incurred$43,320 $25,500 
Class A common stock covered, subject to anti-dilution adjustments1,922,498 1,394,525