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DEBT (Tables)
9 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Carrying Value and Interest Expense Related to the Notes
Carrying value of the Notes:
(in thousands)September 30, 2023December 31, 2022
Principal$502,270 $600,000 
Unamortized issuance costs(3,517)(6,391)
Convertible senior notes, net$498,753 $593,609 

Interest expense related to the Notes:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(in thousands)2023202220232022
Contractual interest expense (0.75% coupon)
$827 $1,125 $2,949 $3,375 
Amortization of issuance costs
613 724 1,988 2,163 
$1,440 $1,849 $4,937 $5,538 
Schedule of Future Payments Future payments:
September 30, 2023
(in thousands)PrincipalInterestTotal
2024$— $3,767 $3,767 
2025502,270 1,884 504,154 
$502,270 $5,651 $507,921 
Schedule of Change in Capped Call Transactions Change in capped call transactions:
Nine Months Ended
September 30,
(in thousands)20232022
January 1,$2,582 $59,964 
Settlements(341)— 
Fair value adjustment(449)(56,381)
September 30,$1,792 $3,583 
Schedule of Minimum Consolidated EBITDA
Year to Date
(in thousands)March 31, 2023June 30, 2023September 30, 2023December 31, 2023
Minimum Consolidated EBITDA (as defined in the Credit Facility)$38,862 $59,894 $95,597 $214,590