v3.24.2
DEBT (Tables)
 6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Debt
The following table provides information regarding the Company’s debt:
June 30,
2024		December 31,
2023
(In thousands)
Convertible notes
Notes due 2028$575,000 $575,000 
Less: unamortized debt issuance costs(4,756)(5,408)
Carrying amount of Notes due 2028 570,244 569,592 
Notes due 2026632,500 632,500 
Less: unamortized debt issuance costs(3,312)(4,317)
Carrying amount of Notes due 2026 629,188 628,183 
Notes due 2025102,173 102,175 
Less: unamortized debt discount(3,262)(5,644)
Less: unamortized debt issuance costs(319)(568)
Carrying amount of Notes due 202598,592 95,963 
Total carrying amount of debt1,298,024 1,293,738 
Less: debt, current(98,592)— 
Debt, non-current$1,199,432 $1,293,738 
The following tables present the total amount of interest cost recognized in the consolidated statement of operations relating to the Notes:
Three Months Ended
June 30,
20242023
Notes due 2028Notes due 2026Notes due 2025Convertible Senior Notes due 2023 (the “Notes due 2023”)Notes due 2028Notes due 2026Notes due 2025Notes due 2023
(In thousands)
Contractual interest expense$— $— $64 $— $— $— $64 $50 
Amortization of debt discount— — 1,205 — — — 1,144 — 
Amortization of debt issuance costs326 502 123 — 327 502 123 10 
Total interest cost recognized$326 $502 $1,392 $— $327 $502 $1,331 $60 
Six Months Ended
June 30,
20242023
Notes due 2028Notes due 2026Notes due 2025Notes due 2023Notes due 2028Notes due 2026Notes due 2025Notes due 2023
(In thousands)
Contractual interest expense$— $— $128 $— $— $— $128 $100 
Amortization of debt discount— — 2,382 — — — 2,249 — 
Amortization of debt issuance costs652 1,005 249 — 643 987 241 20 
Total interest cost recognized$652 $1,005 $2,759 $— $643 $987 $2,618 $120