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Convertible Notes (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Schedule of convertible notes
The Company’s convertible notes are shown in the following table.
(Dollars in thousands)
As of December 31, 2015
 
As of December 31, 2014
1.125% Convertible Senior Notes due 2018
$
138,000

 
$
138,000

Unamortized discount - 2018 Notes
(17,099
)
 
(22,911
)
Total convertible notes
$
120,901

 
$
115,089

Less current portion

 

Total long-term convertible notes
$
120,901

 
$
115,089

Schedule of interest expense on notes
Interest expense related to the notes for the years ended December 31, 2015, 2014 and 2013 was as follows:
 
Years Ended December 31,
 
2015
 
2014
 
2013
 
(in thousands)
2018 Notes coupon interest at a rate of 1.125%
$
1,567

 
$
1,567

 
$
582

2018 Notes amortization of discount and debt issuance cost at an additional effective interest rate of 5.5%
6,372

 
6,019

 
2,171

2014 Notes coupon interest at a rate of 5%

 
3,929

 
8,625

2014 Notes amortization of discount at an additional effective interest rate of 11.7%

 
8,744

 
17,126

Total interest expense on convertible notes
$
7,939

 
$
20,259

 
$
28,504