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Convertible Notes (Tables)
6 Months Ended
Jun. 30, 2020
Debt Disclosure [Abstract]  
Summary of Convertible Notes

The Convertible Notes consisted of the following:

 

 

As of

June 30, 2020

 

 

As of

December 31, 2019

 

 

2025 Notes

 

 

2026 Notes

 

 

2026 Notes

 

 

(in thousands)

 

Liability:

 

 

 

 

 

 

 

 

 

 

 

Principal

$

1,000,000

 

 

$

1,265,000

 

 

$

1,265,000

 

Unamortized debt discount and issuance costs

 

(289,341

)

 

 

(349,917

)

 

 

(373,224

)

Net carrying amount

$

710,659

 

 

$

915,083

 

 

$

891,776

 

Carrying amount of the equity component

$

286,589

 

 

$

377,432

 

 

$

377,432