Debt and Credit Facilities - Additional Information (Details)
|
1 Months Ended |
3 Months Ended |
12 Months Ended |
|
Jun. 30, 2025
USD ($)
Extension
|
Feb. 29, 2024
USD ($)
Days
$ / shares
|
Sep. 30, 2022
USD ($)
|
Aug. 31, 2020
USD ($)
$ / shares
shares
|
Mar. 31, 2024
USD ($)
|
Dec. 31, 2025
USD ($)
Days
$ / shares
shares
|
Dec. 31, 2024
USD ($)
|
Dec. 31, 2023
USD ($)
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Amortization of debt fees |
|
|
|
|
|
$ 5,057,000
|
$ 7,799,000
|
$ 2,842,000
|
| Effective tax rate and tax benefit |
|
|
|
|
|
|
4,300,000
|
|
| Letters of credit outstanding amount |
|
|
|
|
|
356,200,000
|
328,400,000
|
|
| Tax effect of unwind existing bond hedge |
|
|
|
|
|
11,239,000
|
7,701,000
|
|
| Convertible debt repurchase loss |
|
|
|
|
|
0
|
(18,355,000)
|
$ 0
|
| Deferred tax liabilities |
|
|
|
|
|
12,159,000
|
11,043,000
|
|
| Deferred tax assets |
|
|
|
|
|
88,191,000
|
$ 133,450,000
|
|
| Convertible Note Hedge And Warrant Transaction |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Tax effect of unwind existing bond hedge |
|
|
|
|
|
46,200,000
|
|
|
| Capped Call Transaction |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Deferred tax assets |
|
$ 22,300,000
|
|
|
|
|
|
|
| 2022 Delayed Draw Term Loan |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Debt issuance costs incurred |
|
|
|
|
|
900,000
|
|
|
| Interest rate |
|
|
|
|
|
|
5.60%
|
5.60%
|
| Amortization of debt fees |
|
|
|
|
|
200,000
|
$ 300,000
|
$ 300,000
|
| Interest expense |
|
|
|
|
|
8,700,000
|
23,100,000
|
22,400,000
|
| Debt instrument, outstanding amount |
|
|
|
|
|
0
|
$ 350,000,000
|
|
| Debt amount |
|
|
$ 350,000,000
|
|
|
|
|
|
| Maturity Date |
|
|
Jun. 30, 2025
|
|
|
|
|
|
| Debt issuance date |
|
|
Sep. 30, 2022
|
|
|
|
|
|
| Debt instrument, maturity period |
|
|
3 years
|
|
|
|
|
|
| Unused term loan commitments rate |
|
|
0.175%
|
|
|
|
|
|
| Term Loan |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Debt issuance costs incurred |
|
|
|
|
|
$ 900,000
|
|
|
| Interest rate |
|
|
|
|
|
4.80%
|
|
|
| Amortization of debt fees |
|
|
|
|
|
$ 200,000
|
|
|
| Interest expense |
|
|
|
|
|
14,000,000
|
|
|
| Debt instrument, outstanding amount |
|
|
|
|
|
450,000,000
|
|
|
| Debt amount |
$ 450,000,000
|
|
|
|
|
|
|
|
| Debt issuance date |
Jun. 30, 2025
|
|
|
|
|
|
|
|
| Debt instrument, maturity period |
3 years
|
|
|
|
|
|
|
|
| Convertible Senior Notes | Convertible Note Hedge And Warrant Transaction |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Interest rate |
|
|
|
|
0.25%
|
|
0.25%
|
|
| Effective tax rate and tax benefit |
|
|
|
|
$ 49,900,000
|
|
|
|
| Convertible debt repurchase loss |
|
|
|
|
|
|
$ (18,400,000)
|
|
| Acceleration charge of amortization of debt issuance costs |
|
|
|
|
|
|
3,200,000
|
|
| Convertible Senior Notes | ASU 2024-04 | Convertible Note Hedge And Warrant Transaction |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Loss on extinguishment of debt |
|
|
|
|
211,000,000
|
|
|
|
| Convertible Senior Notes Due 2025 |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Interest rate |
|
|
|
0.25%
|
|
|
|
|
| Amortization of debt fees |
|
|
|
|
|
|
3,500,000
|
2,100,000
|
| Interest expense |
|
|
|
|
|
100,000
|
3,900,000
|
3,100,000
|
| Debt instrument, outstanding amount |
|
|
|
|
|
$ 0
|
|
|
| Debt amount |
|
|
|
$ 400,000,000.0
|
|
|
|
|
| Exercise of option by initial purchasers aggregate principal amount |
|
|
|
50,000,000.0
|
|
|
|
|
| Proceeds from issuance and sale of debt |
|
|
|
389,700,000
|
|
|
|
|
| Transaction fees and other third-party offering expenses |
|
|
|
$ 10,300,000
|
|
|
|
|
| Debt instrument, payment terms |
|
|
|
|
|
The Convertible Senior Notes accrue interest at a rate of 0.25% per annum, payable semi-annually on February 15 and August 15 of each year beginning on February 15, 2021
|
|
|
| Debt instrument, frequency of periodic payment |
|
|
|
|
|
semi-annually
|
|
|
| Maturity Date |
|
|
|
Aug. 15, 2025
|
|
|
|
|
| Net carrying value of notes |
|
|
|
|
|
|
113,400,000
|
|
| Convertible Senior Notes Due 2025 | Convertible Note Hedge And Warrant Transaction |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Proceeds from issuance and sale of debt |
|
|
|
|
391,800,000
|
|
|
|
| Purchase of convertible senior notes |
|
$ 228,100,000
|
|
|
|
|
|
|
| Bond hedge term |
|
|
|
|
|
5 years
|
|
|
| Number of shares issuable upon conversion | shares |
|
|
|
8,900,000
|
|
|
|
|
| Cost of convertible note hedge transaction |
|
|
|
$ 55,000,000
|
|
|
|
|
| Number of common stock acquired by offsetting sale warrants. | shares |
|
|
|
|
|
8,900,000
|
|
|
| Exercise price of warrants | $ / shares |
|
|
|
|
|
$ 66.46
|
|
|
| Proceeds from issuance of warrants |
|
|
|
|
|
$ 13,800,000
|
|
|
| Purchase of bond hedges and sale of warrants |
|
|
|
$ 41,200,000
|
|
|
|
|
| Convertible Senior Notes Due 2025 | Capped Call Transaction |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Debt Instrument, conversion price | $ / shares |
|
$ 131.7575
|
|
|
|
|
|
|
| Cost of convertible note hedge transaction |
|
$ 88,400,000
|
|
|
|
|
|
|
| Premium of reported sale price percentage |
|
75.00%
|
|
|
|
|
|
|
| Convertible Notes Converted Sale Price Of Common Stock | $ / shares |
|
$ 75.29
|
|
|
|
|
|
|
| Convertible Senior Notes due 2029 |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Interest rate |
|
2.625%
|
|
|
|
|
|
|
| Amortization of debt fees |
|
|
|
|
|
4,200,000
|
3,500,000
|
|
| Interest expense |
|
|
|
|
|
25,200,000
|
21,300,000
|
|
| Debt amount |
|
$ 800,000,000
|
|
|
|
|
|
|
| Exercise of option by initial purchasers aggregate principal amount |
|
100,000,000
|
|
|
|
|
|
|
| Proceeds from issuance and sale of debt |
|
781,100,000
|
|
|
|
|
|
|
| Transaction fees and other third-party offering expenses |
|
$ 18,900,000
|
|
|
|
|
|
|
| Debt instrument, payment terms |
|
The 2029 Convertible Notes accrue interest at a rate of 2.625% per annum, payable semi-annually on March 1 and September 1 of each year beginning on September 1, 2024
|
|
|
|
|
|
|
| Debt instrument, frequency of periodic payment |
|
semi-annually
|
|
|
|
|
|
|
| Maturity Date |
|
Mar. 01, 2029
|
|
|
|
|
|
|
| Convertible note converted each amount |
|
|
|
|
|
$ 1,000
|
|
|
| Convertible notes converted each into shares of common stock | shares |
|
|
|
|
|
10.6256
|
|
|
| Debt Instrument, conversion price | $ / shares |
|
|
|
|
|
$ 94.11
|
|
|
| Threshold trading days | Days |
|
20
|
|
|
|
51
|
|
|
| Threshold consecutive trading days | Days |
|
30
|
|
|
|
|
|
|
| Conversion percentage of stock price trigger |
|
130.00%
|
|
|
|
|
|
|
| Number of business day period |
|
5 days
|
|
|
|
|
|
|
| Consecutive trading day period |
|
10 days
|
|
|
|
|
|
|
| Convertible principal amount |
|
$ 1,000
|
|
|
|
|
|
|
| Measurement period, percentage |
|
98.00%
|
|
|
|
|
|
|
| Percentage of principal amount to redeem convertible senior notes |
|
100.00%
|
|
|
|
|
|
|
| Percentage of convertible senior notes repurchased at cash |
|
100.00%
|
|
|
|
|
|
|
| Net carrying value of notes |
|
|
|
|
|
$ 788,500,000
|
784,300,000
|
|
| Convertible Senior Notes Due 2025 Note Hedge And Warrants | Convertible Note Hedge And Warrant Transaction |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Proceeds from issuance and sale of debt |
|
|
|
|
$ 103,800,000
|
|
|
|
| Purchase of convertible senior notes |
|
$ 56,500,000
|
|
|
|
|
|
|
| Proceeds from partial termination of note hedge and warrants |
|
$ 90,600,000
|
|
|
|
|
|
|
| Delayed Draw Term Loan Due 2025 |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Debt instrument, outstanding amount |
|
|
|
|
|
0
|
350,000,000
|
|
| Terminated debt |
$ 350,000,000
|
|
|
|
|
|
|
|
| Term Loan Due 2028 |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Debt instrument, outstanding amount |
|
|
|
|
|
450,000,000
|
0
|
|
| Debt amount |
450,000,000
|
|
|
|
|
|
|
|
| Minimum | Convertible Senior Notes Due 2025 | Convertible Note Hedge And Warrant Transaction |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Debt Instrument, conversion price | $ / shares |
|
|
|
$ 44.86
|
|
|
|
|
| Percentage of bond hedge and warrant transactions increased conversion price |
|
|
|
35.00%
|
|
|
|
|
| Maximum | 2022 Delayed Draw Term Loan |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Increase in term loan |
|
|
$ 150,000,000
|
|
|
|
|
|
| Maximum | Term Loan |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Increase in term loan |
$ 150,000,000
|
|
|
|
|
|
|
|
| Maximum | Convertible Senior Notes Due 2025 | Convertible Note Hedge And Warrant Transaction |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Debt Instrument, conversion price | $ / shares |
|
|
|
$ 66.46
|
|
|
|
|
| Percentage of bond hedge and warrant transactions increased conversion price |
|
|
|
100.00%
|
|
|
|
|
| Base Rate | Minimum | 2022 Delayed Draw Term Loan |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Margin interest rate |
|
|
0.00%
|
|
|
|
|
|
| Base Rate | Minimum | Term Loan |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Margin interest rate |
0.00%
|
|
|
|
|
|
|
|
| Base Rate | Maximum | 2022 Delayed Draw Term Loan |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Margin interest rate |
|
|
0.50%
|
|
|
|
|
|
| Base Rate | Maximum | Term Loan |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Margin interest rate |
0.50%
|
|
|
|
|
|
|
|
| SOFR Benchmark Rate | Minimum | 2022 Delayed Draw Term Loan |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Margin interest rate |
|
|
0.875%
|
|
|
|
|
|
| SOFR Benchmark Rate | Minimum | Term Loan |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Margin interest rate |
0.875%
|
|
|
|
|
|
|
|
| SOFR Benchmark Rate | Maximum | 2022 Delayed Draw Term Loan |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Margin interest rate |
|
|
1.50%
|
|
|
|
|
|
| SOFR Benchmark Rate | Maximum | Term Loan |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Margin interest rate |
1.50%
|
|
|
|
|
|
|
|
| Revolving Credit Facility Due 2026 |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Interest expense |
|
|
|
|
|
$ 700,000
|
700,000
|
3,900,000
|
| Terminated debt |
$ 650,000,000
|
|
|
|
|
|
|
|
| Revolving Credit Facility Due 2030 |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Credit agreement date |
Jun. 30, 2021
|
|
|
|
|
|
|
|
| Revolving credit facility |
$ 750,000,000
|
|
|
|
|
|
|
|
| Debt issuance costs incurred |
1,700,000
|
|
|
|
|
|
|
|
| Revolving credit facility |
$ 650,000,000
|
|
|
|
|
|
|
|
| Credit agreement maturity period |
5 years
|
|
|
|
|
|
|
|
| Credit agreement number of extensions | Extension |
2
|
|
|
|
|
|
|
|
| Interest rate |
|
|
|
|
|
5.00%
|
|
|
| Amortization of debt fees |
|
|
|
|
|
$ 500,000
|
|
|
| Letters of credit outstanding amount |
|
|
|
|
|
41,800,000
|
|
|
| Interest expense |
|
|
|
|
|
$ 700,000
|
$ 700,000
|
$ 3,900,000
|
| Revolving Credit Facility Due 2030 | Base Rate | Minimum |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Margin interest rate |
0.00%
|
|
|
|
|
|
|
|
| Revolving Credit Facility Due 2030 | Base Rate | Maximum |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Margin interest rate |
0.625%
|
|
|
|
|
|
|
|
| Revolving Credit Facility Due 2030 | SOFR Benchmark Rate | Minimum |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Margin interest rate |
1.00%
|
|
|
|
|
|
|
|
| Revolving Credit Facility Due 2030 | SOFR Benchmark Rate | Maximum |
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
| Margin interest rate |
1.625%
|
|
|
|
|
|
|
|