v3.25.0.1
DEBT (Tables)
12 Months Ended
Dec. 31, 2024
DEBT [Abstract]  
Carrying Value of Senior Convertible Notes

December 31,

(In thousands)

2024

2023

0.375% Senior Convertible Notes due 2025:

Principal

$

449,987

$

449,987

Unamortized fair value adjustment for acquisition accounting

6,658

33,275

0.375% Senior Convertible Notes due 2025

443,329

416,712

Embedded Conversion Option

22

687

Debt, net of unamortized fair value adjustments for acquisition accounting

$

443,351

$

417,400

Summary of Interest Expense

December 31,

(In thousands)

2024

2023

Interest expense:

Contractual coupon interest

$

1,688

$

364

Amortization of fair value adjustments for acquisition accounting

26,630

9,076

Total interest expense recognized on Senior Convertible Notes due 2025

$

28,318

$

9,440

Effective interest rates:

Senior Convertible Notes due 2025

6.4%

6.8%