Three Months Ended March 31,

(In thousands except per share data)

2025

2024

Numerator:

Net income (loss), basic

$

(46,584

)

$

36,532

Add: interest expense on 2025 Notes, net of tax effect

—

1,121

Add: interest expense on 2028 Notes, net of tax effect

—

1,401

Net income (loss), diluted

$

(46,584

)

$

39,054

Denominator:

Weighted-average shares used to compute basic 
   net income (loss) per share

62,709

63,185

Dilutive effect of 2025 Notes

—

11,150

Dilutive effect of 2028 Notes

—

9,956

Dilutive effect of options and awards granted under equity
   incentive plan and employee stock purchase plan

240

Dilutive effect of outstanding warrant

—

—

Weighted-average shares used to compute diluted 
   net income (loss) per share

62,709

84,531

Net income (loss) per share

Basic

$

(0.74

)

$

0.58

Diluted

$

(0.74

)

$

0.46