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Long-Term Obligations and Commitments (Tables) | 12 Months Ended
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Dec. 31, 2021
Long-Term Obligations and Commitments [Abstract] |
Long-Term Obligations | The carrying value of our long-term obligations was as follows (in thousands):
|  | December 31, |
|  | 2021 |  |  | 2020 |
|  |  |  |  | (as revised*) |
0.125 percent convertible senior notes |  | $ | 542,314 |  |  | $ | 540,136 |
1 percent convertible senior notes (1) |  |  | — |  |  |  | 308,809 |
0 percent convertible senior notes |  |  | 619,119 |  |  |  | — |
Long-term mortgage debt |  |  | 59,713 |  |  |  | 59,984 |
Leases and other obligations |  |  | 29,904 |  |  |  | 30,710 |
Total |  | $ | 1,251,050 |  |  | $ | 939,639 |
Less: current portion (1) |  |  | (3,526 | ) |  |  | (316,110 | )
Total Long-Term Obligations |  | $ | 1,247,524 |  |  | $ | 623,529 |
________________
(1) | We classified the carrying value of our 1% Notes as a current liability on our consolidated balance sheet at December 31, 2020 because it matured in November 2021.
Convertible Notes [Abstract] |
Maturity Schedules for Annual Debt and Other Obligations | Annual debt and other obligation maturities, including fixed and determinable interest, at December 31, 2021 are as follows (in thousands):
2022 |  | $ | 3,498 |
2023 |  |  | 4,180 |
2024 |  |  | 4,180 |
2025 |  |  | 1,184,820 |
2026 |  |  | 3,494 |
Thereafter |  |  | 57,439 |
Subtotal |  | $ | 1,257,611 |
Less: current portion |  |  | (3,526 | )
Less: fixed and determinable interest |  |  | (15,498 | )
Less: debt issuance costs |  |  | (20,302 | )
Plus: lease liabilities |  |  | 22,058 |
Plus: other liabilities |  |  | 7,181 |
Total long-term debt |  | $ | 1,247,524 |
Amounts Related to Operating Leases | Amounts related to our operating leases were as follows (dollar amounts in millions):
|  | At December 31, 2021 |
Right-of-use operating lease assets (1) |  | $ | 18.0 |
Operating lease liabilities (2) |  | $ | 22.1 |
Weighted average remaining lease term |  | 6.6 years |
Weighted average discount rate |  |  | 6.0 | %
________________
(1) | Included in deposits and other assets on our consolidated balance sheet.
(2) | Current portion of $2.6 million was included in current portion of long-term obligations on our consolidated balance sheet, with the difference included in long-term obligations.
Future Payments for Operating Lease Liabilities | As of December 31, 2021, the future payments for our operating lease liabilities are as follows (in thousands):
|  | Operating Leases |
Year ending December 31, |  | $ |  |
2022 |  |  | 4,075 |
2023 |  |  | 4,314 |
2024 |  |  | 4,223 |
2025 |  |  | 4,062 |
2026 |  |  | 3,778 |
Thereafter |  |  | 7,035 |
Total minimum lease payments |  |  | 27,487 |
Less: |  |  |  |
Imputed interest |  |  | (5,429 | )
Total operating lease liabilities |  | $ | 22,058 |
0% Notes [Member] |
Convertible Notes [Abstract] |
Convertible Senior Notes | At December 31, 2021, we had the following 0% Notes outstanding (amounts in millions except interest rate and price per share data):
|  | 0% Notes |
Outstanding principal balance |  | $ | 632.5 |
Unamortized debt issuance costs |  | $ | 13.4 |
Maturity date |  | April 2026 |
Interest rate |  | 0 percent |
Effective interest rate |  | 0.5 percent |
Conversion price per share |  | $ | 57.84 |
Effective conversion price per share with call spread |  | $ | 76.39 |
Total shares of common stock subject to conversion |  |  | 10.9 |
0.125% Notes [Member] |
Convertible Notes [Abstract] |
Convertible Senior Notes | At December 31, 2021, we had the following 0.125% Notes outstanding with interest payable semi-annually (amounts in millions except interest rate and price per share data):
|  | 0.125% Notes |
Outstanding principal balance |  | $ | 548.8 |
Unamortized debt issuance costs |  | $ | 6.5 |
Maturity date |  | December 2024 |
Interest rate |  | 0.125 percent |
Effective interest rate |  | 0.5 percent |
Conversion price per share |  | $ | 83.28 |
Effective conversion price per share with call spread |  | $ | 123.38 |
Total shares of common stock subject to conversion |  |  | 6.6 |

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