v3.26.1
Other Income and Expenses
 6 Months Ended
Jun. 30, 2026
Other Income and Expenses [Abstract]  
Other (Income) Expense, Net Other (income) expense, net
The components of the Total other (income) expense, net are as follows:
Three Months Ended
June 30,		Six Months Ended
June 30,
(in thousands)2026202520262025
Loss on convertible debt transactions, net (1)$359,719 $— $369,423 $— 
Interest income(5,147)(5,761)(10,996)(12,029)
Interest expense (2)21,761 7,927 38,093 15,684 
Equity in income of affiliates, net(5,697)(3,698)(9,170)(4,792)
Other income, net(4,492)(2,462)(3,831)(2,525)
Total other (income) expense, net366,144 (3,994)383,519 (3,662)
(1)The loss on convertible debt transactions, net includes $356.7 million and $363.5 million of loss on derivative remeasurement related to the 3.75% Convertible Notes during the three and six months ended June 30, 2026, respectively. See Note 14 for details.
(2)Interest expense includes $3.5 million related to the amortization of convertible debt discount associated with the 3.75% Convertible Notes during the three and six months ended June 30, 2026. See Note 14 for details.