Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Net Income (Loss) Per Share - Schedule of Basic and Diluted Income (Loss) Per Share (Details)

v3.21.2
Net Income (Loss) Per Share - Schedule of Basic and Diluted Income (Loss) Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]        
NET INCOME (LOSS) $ 75,873 $ (6,824) $ 53,759 $ (13,802)
Convertible note accretion, amortization, and interest, net of tax [1] 1,552 0 2,997 0
NET INCOME (LOSS) USED IN DILUTED EPS $ 77,425 $ (6,824) $ 56,756 $ (13,802)
Basic weighted average shares outstanding (in shares) 118,287 107,887 117,249 106,209
Diluted (in shares) 131,237 107,887 130,247 106,209
Diluted weighted average shares outstanding (in shares) 131,237 107,887 130,247 106,209
Basic net income (loss) per share (in dollars per share) $ 0.64 $ (0.06) $ 0.46 $ (0.13)
Diluted net income (loss) per share (in dollars per share) $ 0.59 $ (0.06) $ 0.44 $ (0.13)
1.25% Convertible Senior Notes due 2025        
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]        
Dilutive effect of Convertible Notes (in shares) 5,538 0 5,538 0
0.25% Convertible Senior Notes due 2028        
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]        
Dilutive effect of Convertible Notes (in shares) 5,215 0 5,043 0
Stock options        
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]        
Dilutive effect of stock options and restricted stock awards (in shares) 2,027 0 2,221 0
Restricted Stock        
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]        
Dilutive effect of stock options and restricted stock awards (in shares) 170 0 196 0
[1] This adjustment compensates for the effects of the if-converted impact of convertible notes in adjusted net income. Since an entity using the if-converted method assumes that a convertible debt instrument was converted into common shares at the beginning of the reporting period, net income (loss) is adjusted to reverse any recognized interest expense (including any amortization of discounts).