XML 47 R33.htm IDEA: XBRL DOCUMENT v3.24.2
DEBT (Tables)
6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Carrying Value and Interest Expense Related to the Notes
Carrying value of the Notes:
(in thousands)June 30, 2024December 31, 2023
Principal$502,270 $502,270 
Unamortized issuance costs(1,666)(2,902)
Convertible senior notes, net$500,604 $499,368 

Interest expense related to the Notes:
Three Months Ended
June 30,
Six Months Ended
June 30,
(in thousands)2024202320242023
Contractual interest expense (0.75% coupon)
$942 $997 $1,884 $2,122 
Amortization of issuance costs
619 647 1,236 1,375 
$1,561 $1,644 $3,120 $3,497 
Schedule of Future Payments
Future payments:
June 30, 2024
(in thousands)PrincipalInterestTotal
Remainder of 2024$— $1,883 $1,883 
2025502,270 1,884 504,154 
$502,270 $3,767 $506,037 
Schedule of Change in Capped Call Transactions
Change in capped call transactions:
Six Months Ended
June 30,
(in thousands)20242023
January 1,$893 $2,582 
Settlements— (341)
Fair value adjustment22 1,845 
June 30,$915 $4,086