XML 42 R32.htm IDEA: XBRL DOCUMENT v3.22.2
Convertible Notes (Tables)
 6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of convertible notes
The Company’s convertible notes are shown in the following table:
As of
(In thousands)June 30, 2022December 31, 2021
2023 Notes$49,354 $172,500 
Unamortized discount — 2023 Notes (1)
— (8,266)
Unamortized debt issuance costs — 2023 Notes(106)(547)
Total convertible notes49,248 163,687 
Less current portion49,248 163,687 
Total long-term convertible notes$— $— 
_________________________________________
(1)    On January 1, 2022, the Company adopted ASU No. 2020-06, “Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging - Contracts in Entity's Own Equity (Subtopic 815-40).” Refer to Note 2, “Recent Accounting Pronouncements,” for additional information.
Schedule of interest expense on notes
Interest expense related to the convertible notes for the three and six months ended June 30, 2022 and 2021 was as follows:
Three Months EndedSix Months Ended
 June 30,June 30,
(In thousands)2022202120222021
2023 Notes coupon interest at a rate of 1.375%
$169 $593 $485 $1,186 
2023 Notes amortization of discount and debt issuance cost46 1,901 151 3,775 
Total interest expense on convertible notes$215 $2,494 $636 $4,961