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Convertible Senior Notes and Capped Call Transactions (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Carrying Amount of Liability Component of Convertible Debt
The net carrying amount of the liability component of the Notes as of December 31, 2022 (post-ASU 2020-06 adoption) and as of December 31, 2021 (pre-ASU 2020-06 adoption) was as follows:
December 31,
20222021
(In thousands)
Principal$747,500 $747,500 
Unamortized discount— (162,960)
Unamortized issuance costs(10,077)(10,302)
Net carrying amount$737,423 $574,238 
Schedule of Carrying Amount of Equity Component of Convertible Debt
The net carrying amount of the equity component of the Notes as of December 31, 2022 (post-ASU 2020-06 adoption) and as of December 31, 2021 (pre-ASU 2020-06 adoption) was as follows:
December 31,
20222021
(In thousands)
Proceeds allocated to the conversion options (debt discount)$— $215,434 
Issuance costs— (5,783)
Net carrying amount$— $209,651 
Schedule of Interest Expense Incurred
The following table sets forth the interest expense recognized related to the Notes:
Year Ended December 31,
202220212020
(In thousands)
Contractual interest expense$1,725 $1,725 $1,725 
Amortization of issuance costs3,778 2,499 1,340 
Amortization of debt discount— 33,309 11,564 
Total interest expense$5,503 $37,533 $14,629