v3.26.3
OBLIGATIONS (Tables)
 9 Months Ended
Sep. 30, 2026
Debt Disclosure [Abstract]  
Schedule of debt
The following table reflects the carrying value of the 2027 Notes as of September 30, 2026 and December 31, 2025 (in thousands):
September 30, 2026December 31, 2025
3.50% Senior Convertible Notes due 2027
$296,740 $459,986 
Less: Deferred financing costs(990)(3,200)
Net carrying amount of the Convertible Notes295,750 456,786 
Less: Current portion of long-term debt(295,750)(456,786)
Long-term net carrying amount of the Convertible Notes$— $— 
Schedule of accretion of the debt discount, and the amortization of financing costs
The following table presents the amount of interest cost recognized, which is included within "Interest expense" in our condensed consolidated statements of income, for the three and nine months ended September 30, 2026 and 2025, relating to the contractual interest coupon and the amortization of deferred financing costs of the 2027 Notes (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Contractual coupon interest$2,577 $4,025 $8,993 $12,075 
Amortization of deferred financing costs361 522 1,326 1,533 
Total$2,938 $4,547 $10,319 $13,608