v3.26.1
Condensed Consolidated Statements of Changes in Redeemable Perpetual Preferred Stock and Stockholders' Equity (unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Temporary equity, beginning balance (in shares) at Dec. 31, 2024 460        
Temporary equity, beginning balance at Dec. 31, 2024 $ 406,931        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Preferred dividends plus accretion (in shares) 16        
Preferred dividends plus accretion $ 29,231        
Temporary equity, ending balance (in shares) at Jun. 30, 2025 476        
Temporary equity, ending balance at Jun. 30, 2025 $ 436,162        
Stockholders' equity, beginning balance (in shares) at Dec. 31, 2024   151,952      
Stockholders' equity, beginning balance at Dec. 31, 2024 (118,096) $ 151 $ 297,780 $ (370,624) $ (45,403)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Vesting of restricted stock units (in shares)   666      
Employee purchase plan (in shares)   43      
Employee purchase plan 303   303    
Equity-based compensation 6,615   6,615    
Tax withholding related to vesting of equity-based compensation (493)   (493)    
Purchase of 2031 Capped Calls, net of tax effect (26,689)   (26,689)    
Preferred dividends plus accretion (29,231)   (29,231)    
Net income 60,008     60,008  
Foreign currency translation 36,716 [1]       36,716
Stockholders' equity, ending balance (in shares) at Jun. 30, 2025   152,661      
Stockholders' equity, ending balance at Jun. 30, 2025 $ (70,867) $ 151 248,285 (310,616) (8,687)
Temporary equity, beginning balance (in shares) at Mar. 31, 2025 468        
Temporary equity, beginning balance at Mar. 31, 2025 $ 421,374        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Preferred dividends plus accretion (in shares) 8        
Preferred dividends plus accretion $ 14,788        
Temporary equity, ending balance (in shares) at Jun. 30, 2025 476        
Temporary equity, ending balance at Jun. 30, 2025 $ 436,162        
Stockholders' equity, beginning balance (in shares) at Mar. 31, 2025   152,513      
Stockholders' equity, beginning balance at Mar. 31, 2025 (97,774) $ 151 286,079 (353,878) (30,126)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Vesting of restricted stock units (in shares)   148      
Employee purchase plan 81   81    
Equity-based compensation 3,817   3,817    
Tax withholding related to vesting of equity-based compensation (215)   (215)    
Purchase of 2031 Capped Calls, net of tax effect (26,689)   (26,689)    
Preferred dividends plus accretion (14,788)   (14,788)    
Net income 43,262     43,262  
Foreign currency translation 21,439 [1]       21,439
Stockholders' equity, ending balance (in shares) at Jun. 30, 2025   152,661      
Stockholders' equity, ending balance at Jun. 30, 2025 $ (70,867) $ 151 248,285 (310,616) (8,687)
Temporary equity, beginning balance (in shares) at Dec. 31, 2025 490        
Temporary equity, beginning balance at Dec. 31, 2025 $ 466,728        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Preferred dividends plus accretion (in shares) 0        
Preferred dividends plus accretion $ 31,445        
Adjustment (in shares) [2] (90)        
Temporary equity, ending balance (in shares) at Jun. 30, 2026 400        
Temporary equity, ending balance at Jun. 30, 2026 $ 498,173        
Stockholders' equity, beginning balance (in shares) at Dec. 31, 2025   152,780      
Stockholders' equity, beginning balance at Dec. 31, 2025 (206,340) $ 152 226,848 (422,859) (10,481)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Vesting of restricted stock units (in shares)   1,150      
Vesting of restricted stock units   $ 3 (3)    
Employee purchase plan (in shares)   42      
Employee purchase plan 337   337    
Equity-based compensation 8,421   8,421    
Tax withholding related to vesting of equity-based compensation (1,002)   (1,002)    
Preferred dividends plus accretion (31,445)   (31,445)    
Net income 26,343     26,343  
Foreign currency translation 1,606 [1]       1,606
Stockholders' equity, ending balance (in shares) at Jun. 30, 2026   153,972      
Stockholders' equity, ending balance at Jun. 30, 2026 $ (202,080) $ 155 203,156 (396,516) (8,875)
Temporary equity, beginning balance (in shares) at Mar. 31, 2026 498        
Temporary equity, beginning balance at Mar. 31, 2026 $ 482,265        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Preferred dividends plus accretion $ 15,908        
Adjustment (in shares) [3] (98)        
Temporary equity, ending balance (in shares) at Jun. 30, 2026 400        
Temporary equity, ending balance at Jun. 30, 2026 $ 498,173        
Stockholders' equity, beginning balance (in shares) at Mar. 31, 2026   153,734      
Stockholders' equity, beginning balance at Mar. 31, 2026 (214,381) $ 155 214,485 (420,862) (8,159)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Vesting of restricted stock units (in shares)   238      
Employee purchase plan (in shares)   0      
Employee purchase plan 39   39    
Equity-based compensation 4,540   4,540    
Tax withholding related to vesting of equity-based compensation 0   0    
Preferred dividends plus accretion (15,908)   (15,908)    
Net income 24,346     24,346  
Foreign currency translation (716) [1]       (716)
Stockholders' equity, ending balance (in shares) at Jun. 30, 2026   153,972      
Stockholders' equity, ending balance at Jun. 30, 2026 $ (202,080) $ 155 $ 203,156 $ (396,516) $ (8,875)
[1] There are no tax effects on foreign currency adjustments.
[2] 1Adjusted to reflect the increase in Liquidation Preference rather than the number of shares.
[3]
1Adjusted to reflect the increase in Liquidation Preference rather than the number of shares.