XML 89 R63.htm IDEA: XBRL DOCUMENT v3.23.3
Convertible Senior Notes and Capped Call Transactions - Narrative (Details)
$ / shares in Units, shares in Thousands
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Mar. 21, 2023
USD ($)
Dec. 31, 2020
USD ($)
day
shares
Mar. 31, 2019
USD ($)
equity_instrument
day
$ / shares
shares
Sep. 30, 2023
USD ($)
$ / shares
Mar. 31, 2023
USD ($)
Sep. 30, 2022
USD ($)
Sep. 30, 2023
USD ($)
$ / shares
Sep. 30, 2022
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2022
USD ($)
$ / shares
Dec. 31, 2021
USD ($)
$ / shares
Debt Instrument [Line Items]                      
Debt instrument, repurchase amount $ 149,700,000                    
Debt instrument, increase (decrease), net 157,500,000                    
Common stock, par value (in dollars per share) | $ / shares     $ 0.001 $ 0.001     $ 0.001     $ 0.001 $ 0.001
Adjustments to additional paid in capital related to issuance costs attributable to equity component         $ 3,700,000            
Net carry amount       $ 511,055,000     $ 511,055,000     $ 737,423,000  
Number of shares of common stock covered by called caps (shares) | shares   6,880 5,960                
Reduction to additional paid-in-capital related to called caps   $ 46,100,000 $ 23,200,000                
Interest expense       800,000   $ 1,400,000 4,100,000 $ 4,100,000      
2024 Notes                      
Debt Instrument [Line Items]                      
Principal Balance       72,000,000     72,000,000        
Debt instrument, increase (decrease), net $ 228,300,000                    
Gain (loss) on extinguishment of debt             7,200,000        
Payment for debt extinguishment or debt prepayment cost             500,000        
Debt instrument, convertible, carrying amount of equity component     52,900,000                
Total deferred issuance costs     8,600,000                
Debt issuance costs attributable to liability     6,600,000                
Adjustments to additional paid in capital related to issuance costs attributable to equity component     $ 2,000,000                
Net carry amount       72,200,000     72,200,000        
Unamortized issuance costs       300,000     300,000        
2026 Notes                      
Debt Instrument [Line Items]                      
Debt instrument, convertible, carrying amount of equity component                   162,500,000  
Total deferred issuance costs                   12,200,000  
Debt issuance costs attributable to liability                   $ 8,500,000  
Net carry amount       511,100,000     511,100,000        
Unamortized issuance costs       6,400,000     6,400,000        
Capped calls                      
Debt Instrument [Line Items]                      
Capped caps initial strike price (in dollars per share) | $ / shares     $ 38.58               75.23
Capped caps initial cap price (in dollars per share) | $ / shares     $ 57.16               $ 105.58
Convertible Debt | 2024 Notes                      
Debt Instrument [Line Items]                      
Principal Balance     $ 230,000,000 $ 72,500,000     $ 72,500,000        
Debt instrument stated rate (percent)     0.75%                
Proceeds from debt offering, net of debt issuance costs     $ 221,400,000                
Debt instrument, unit of principal for conversion     $ 1,000                
Number of shares per convertible note (in shares) | equity_instrument     25.9182                
Convertible debt conversion price (in dollars per share) | $ / shares       $ 38.58     $ 38.58        
Percentage of principal amount paid if repurchase due to fundamental change (percent)     100.00%                
Threshold trading days in consideration of note conversion | day     20                
Threshold consecutive trading days in analysis of conversion price | day     30                
Threshold percentage of stock price if converted     130.00%                
Threshold for five day period, product of sale price of common stock and conversion rate of notes     98.00%                
Remaining amortization period for debt discount and debt issuance costs       4 months 24 days     4 months 24 days        
Effective interest rate (percent)       0.0157%     0.0157%        
Convertible Debt | 2026 Notes                      
Debt Instrument [Line Items]                      
Principal Balance                     $ 517,500,000
Debt instrument stated rate (percent)                     0.00%
Proceeds from debt offering, net of debt issuance costs                 $ 505,300,000    
Debt instrument, unit of principal for conversion                     $ 1,000
Number of shares per convertible note (in shares)   13.2933                  
Convertible debt conversion price (in dollars per share) | $ / shares                     $ 75.23
Percentage of principal amount paid if repurchase due to fundamental change (percent)   100.00%                  
Threshold trading days in consideration of note conversion | day   20                  
Threshold consecutive trading days in analysis of conversion price | day   30                  
Threshold percentage of stock price if converted   130.00%                  
Threshold for five day period, product of sale price of common stock and conversion rate of notes   98.00%                  
Remaining amortization period for debt discount and debt issuance costs       3 years 2 months 12 days     3 years 2 months 12 days        
Effective interest rate (percent)       0.004%     0.004%