
(in thousands)	March 31, 2026		December 31, 2025
December 2026 Notes	$	48,077	$	48,077
September 2031 Notes	300,000		300,000
March 2030 Notes	632,540		1,000,000
June 2031 Notes	291,584		925,000
August 2032 Notes	1,025,000		1,025,000
Line of credit	150,000		350,000
Total debt	2,447,201		3,648,077
Less: unamortized original issue discount and debt issuance costs	(31,032)		(48,150)
Total debt less unamortized original issue discount and debt issuance costs	2,416,169		3,599,927
Less: current portion of long-term debt	(197,908)		(397,845)
Total long-term debt	$	2,218,261	$	3,202,082


	December 2026			September 2031			March 2030			June 2031			August 2032
Issuance Date	November 2021			August 2024			November 2024			December 2024			July 2025
Maturity Date	December 1, 2026			September 1, 2031			March 1, 2030			June 1, 2031			August 1, 2032

Remaining Principal (in thousands)	$	48,077		$	300,000		$	632,540		$	291,584		$	1,025,000
Stated Interest Rate	1.0		%	2.125		%	0.0		%	0.0		%	0.0		%
Interest Payment Dates	June 1 & December 1			March 1 & September 1			March 1 & September 1			June 1 & December 1			February 1 & August 1
Net Proceeds (1) (in thousands)	$	728,082		$	291,595		$	979,176		$	907,908		$	1,014,022

Effective Interest Rate	1.0		%	2.6		%	0.4		%	0.3		%	0.1		%
Date of Holder Put Option (2)	N/A			March 1, 2029			December 1, 2027			June 4, 2027 and June 4, 2029			January 4, 2030
Initial Conversion Rate	13.1277			52.9451			38.5902			28.9159			49.3619
Initial Conversion Price	$	76.17		$	18.89		$	25.91		$	34.58		$	20.26
Share Principal Price	$	1,000		$	1,000		$	1,000		$	1,000		$	1,000

(1) Net proceeds are net of customary offering expenses associated with the issuance of each of the Convertible Notes (the “issuance costs”) at the time of issuance. The Company accounts for these issuance costs as a reduction to the principal amount and amortizes the issuance costs to interest expense from the respective debt issuance date through the Maturity Date, on the Condensed Consolidated Statements of Operations.

(2) Date of Holder Put Option represents the dates upon which noteholders of the applicable Convertible Notes may require the Company to repurchase for cash all and any portion of their respective Notes at a repurchase price equal to 100% of the principal amount of such Notes to be repurchased, plus accrued and unpaid special interest to, but excluding, the repurchase date.