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Convertible Senior Notes and Capped Call Transactions (Tables)
6 Months Ended
Jun. 30, 2023
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 June 30, 2023 and December 31, 2022 was as follows:
June 30,
2023
December 31,
2022
(In thousands)
Principal$589,992 $747,500 
Unamortized issuance costs(7,350)(10,077)
Total net carrying value$582,642 $737,423 
Less: short-term debt, net$72,097 $— 
Long-term debt, net$510,545 $737,423 
Schedule of Interest Expense Incurred
The following table sets forth the interest expense recognized related to the Notes:
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
(In thousands)
Contractual interest expense$128 $432 $569 $863 
Amortization of debt issuance costs1,807 944 2,727 1,885 
Total interest expense$1,935 $1,376 $3,296 $2,748