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NET INCOME PER SHARE
 9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
NET INCOME PER SHARE NET INCOME PER SHARE
Basic net income per share is computed by dividing net income by the weighted average number of shares of common stock outstanding during the period. Diluted net income per share is computed in a similar manner, but it also includes the effect of potential common shares outstanding during the period, when dilutive.
The following table presents the computation of basic and diluted net income per share for the periods presented:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2026202520262025
(In thousands, except per share data)
Numerator:
Net income$23,387 $66,638 $52,060 $133,420 
Notes due 2028 financing costs, net244 243 725 732 
Adjusted net income$23,631 $66,881 $52,785 $134,152 
Denominator:
Weighted average common shares outstanding used for basic calculation132,222 130,797 131,844 131,228 
Effect of dilutive securities:
Employee stock-based awards958 180 1,139 193 
Notes due 20282,018 2,018 2,018 2,018 
Weighted average common shares outstanding used for diluted calculation135,198 132,995 135,001 133,439 
Basic and diluted net income per share:
Net income per share, basic$0.18 $0.51 $0.39 $1.02 
Net income per share, diluted$0.17 $0.50 $0.39 $1.01 
Diluted earnings per share for the three and nine months ended September 30, 2026 and 2025 included the dilutive effect of potentially dilutive common shares by application of the treasury stock method for RSUs, PSUs, ESPP, and includes potentially dilutive common shares by application of the if-converted method for the Notes due 2028. To the extent potential common shares are antidilutive, they are excluded from the calculation of diluted net income per share.
The Company under the relevant sections of the indenture, irrevocably may elect to settle principal in cash and any excess conversion value in cash or shares of the Company’s common stock for the Notes due 2028. If and when the Company makes such election, there would be no adjustment to net income and the Company would use the average share price to determine the potential number of shares issuable upon an assumed conversion to be included in the diluted share count.
The following outstanding shares of common stock equivalents were excluded from the calculation of diluted net income per share because their effect would have been antidilutive:
Three Months Ended
September 30,		Nine Months Ended
September 30,
2026202520262025
(In thousands)
Employee stock-based awards2,447 3,177 1,947 3,337 
Notes due 2025— — — 693 
2025 Warrants
— 1,213 — 742 
Notes due 2026— 14,968 460 10,959 
2026 Warrants105 18,584 1,316 13,537 
2028 Warrants2,018 18,235 2,018 13,283 
Total4,570 56,177 5,741 42,551