XML 109 R98.htm IDEA: XBRL DOCUMENT v3.24.0.1
Convertible Senior Notes - Additional Information (Detail)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Dec. 14, 2023
USD ($)
Jul. 19, 2019
USD ($)
$ / shares
Dec. 31, 2023
USD ($)
$ / shares
Dec. 31, 2023
USD ($)
Days
$ / shares
Dec. 31, 2023
USD ($)
$ / shares
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 06, 2023
$ / shares
Jul. 31, 2019
USD ($)
Debt Instrument [Line Items]                  
Proceeds from issuance of 2023 Convertible Senior Notes         $ 290,094 $ 0 $ 0    
Payment of debt issuance costs         7,253 0 0    
Gain (Loss) on Extinguishment of Debt         (12,676) 0 0    
Debt instrument convertible in to equity settled         $ 100        
Notes redemption price         25.00%        
Amortization of debt discount and issuance costs         $ 2,448 1,815 11,530    
Amortization of debt issuance costs         8,075 1,815 1,436    
Additional paid-in capital     $ 1,569,227 $ 1,569,227 1,569,227 1,547,266      
Deferred Tax Liabilities     38,936 38,936 38,936 22,160      
Current liabilities     158,162 158,162 158,162 404,196      
Conversion of Convertible Securities Stock Issued | value         2,791        
Loss on extinguishment of debt         (12,676) 0 $ 0    
Additional Paid-in Capital                  
Debt Instrument [Line Items]                  
Conversion of Convertible Securities Stock Issued | value         2,791        
1.00% Convertible Senior Notes due 2028                  
Debt Instrument [Line Items]                  
Aggregate principal amount $ 290,100   $ 600,000 $ 600,000 $ 600,000        
Debt istrument cancelled 309,900                
Notes for cash 290,100                
Notes, interest rate     1.00% 1.00% 1.00%        
Payment of debt issuance costs         $ 6,200        
Unamortized debt issuance costs     $ (8,400) $ (8,400) (8,400) 0      
Aggregate debt discount     $ 81,457 $ 81,457 $ 81,457 0      
Interest repayment terms         Interest is payable semi-annually in arrears on each June 15 and December 15, commencing on June 15, 2024        
Notes, due date         Dec. 15, 2028        
Notes conversion ratio per $1,000 principal amount         4,924.7000        
Notes initial conversion price | $ / shares     $ 203.06 $ 203.06 $ 203.06        
Premium over sale price         30.00%        
Share Price | $ / shares     $ 156.22 $ 156.22 $ 156.22     $ 156.2  
Notes redemption price         100.00%        
Contractual coupon interest         $ 200        
Amortization of debt discount and issuance costs         600        
Amortization of debt issuance costs         $ 100        
Effective interest rate on the Notes     4.39% 4.39% 4.39%        
Notes, carrying value     $ 510,100 $ 510,100 $ 510,100        
Proceeds from issuance of common stock, net of issuance costs     14,400            
Fair value of the note     596,000 596,000 596,000        
1.00% Convertible Senior Notes due 2028 | Common Stock                  
Debt Instrument [Line Items]                  
Aggregate principal amount     $ 1,000 $ 1,000 $ 1,000        
0.375% Convertible Senior Notes due 2024                  
Debt Instrument [Line Items]                  
Aggregate principal amount 69,700 $ 287,500             $ 287,500
Notes, interest rate   0.375% 0.375% 0.375% 0.375%        
Proceeds from issuance of 2023 Convertible Senior Notes   $ 278,500              
Unamortized debt issuance costs     $ (248) $ (248) $ (248) $ (2,855)      
Interest repayment terms         Interest is payable semi-annually in arrears on January 15 and July 15 of each year, beginning on January 15, 2020        
Notes, due date         Jul. 15, 2024        
Notes threshold percentage of stock price trigger       130.00%          
Notes threshold trading days | Days       20          
Debt instrument amount convertible into equity     200 $ 200 $ 200        
Notes threshold consecutive trading days | Days       30          
Notes conversion ratio per $1,000 principal amount   8.6749              
Notes initial conversion price | $ / shares   $ 115.28              
Notes redemption price   100.00%     100.00%        
Contractual coupon interest         $ 1,000        
Amortization of debt discount and issuance costs         22,900        
Amortization of debt discount and issuance costs         1,800        
Effective interest rate on the Notes           1.02%      
Notes, carrying value     69,500 $ 69,500 69,500        
Fair value of the note     109,800 109,800 $ 109,800        
Additional Notes issued   $ 37,500              
Discount rate         4.50%        
Additional paid-in capital     52,100 52,100 $ 52,100        
Transaction costs attributable to liability component         7,400        
Transaction costs attributable to equity component     1,600 1,600 1,600        
Deferred Tax Liabilities     11,400 11,400 11,400        
Net adjustment for the initial         50,400        
Current liabilities     69,500 69,500 69,500        
0.375% Convertible Senior Notes due 2024 | Common Stock                  
Debt Instrument [Line Items]                  
Aggregate principal amount   1,000              
Exchange and Subscription Agreements | 1.00% Convertible Senior Notes due 2028                  
Debt Instrument [Line Items]                  
Aggregate principal amount 600,000                
Exchanged 2019 Notes | 1.00% Convertible Senior Notes due 2028                  
Debt Instrument [Line Items]                  
Debt instrument exchanged amount 217,700                
Modification of debt 188,100                
Gain (Loss) on Extinguishment of Debt 29,600       12,700        
Unamortized debt issuance costs     (100) (100) (100)        
Loss on extinguishment of debt 29,600       12,700        
Modified 2019 Notes | 1.00% Convertible Senior Notes due 2028                  
Debt Instrument [Line Items]                  
Aggregate principal amount 79,300                
Payment of debt issuance costs 6,200                
Unamortized debt issuance costs     (7,800) (7,800) (7,800)        
Aggregate debt discount 82,100                
Amortization of debt issuance costs 7,800                
Modified 2019 Notes | 1.00% Convertible Senior Notes due 2028 | Additional Paid-in Capital                  
Debt Instrument [Line Items]                  
Conversion of Convertible Securities Stock Issued | value 2,800                
Modified 2019 Notes | 1.00% Convertible Senior Notes due 2028 | Fair value of embedded conversion option                  
Debt Instrument [Line Items]                  
Conversion of Convertible Securities Stock Issued | value 2,800                
Subscription Transactions | 1.00% Convertible Senior Notes due 2028                  
Debt Instrument [Line Items]                  
Aggregate principal amount     290,100 290,100 $ 290,100        
Notes for cash 290,100                
Proceeds from issuance of 2023 Convertible Senior Notes 276,100                
Payment of debt issuance costs 14,000                
Proceeds from issuance of common stock, net of issuance costs $ 14,400                
2023 Notes | 1.00% Convertible Senior Notes due 2028                  
Debt Instrument [Line Items]                  
Notes redemption price         100.00%        
Amortization of debt issuance costs         $ 6,300        
Notes, carrying value     510,100 510,100 510,100        
Fair value of the note     $ 596,000 $ 596,000 $ 596,000        
Outstanding 2023 Notes | 1.00% Convertible Senior Notes due 2028                  
Debt Instrument [Line Items]                  
Notes redemption price         100.00%        
Exchange Transaction | 0.375% Convertible Senior Notes due 2024                  
Debt Instrument [Line Items]                  
Aggregate principal amount   $ 69,700              
Minimum | 1.00% Convertible Senior Notes due 2028                  
Debt Instrument [Line Items]                  
Notes redemption price         25.00%