XML 59 R42.htm IDEA: XBRL DOCUMENT v3.24.0.1

Obligations (Tables)

12 Months Ended

Dec. 31, 2023

Debt Disclosure [Abstract]

Schedule of Debt

Long-term debt obligations, excluding the long-term debt resulting from the Technicolor Patent Acquisition, are comprised of the following (in thousands):

			December 31, 2023						December 31, 2022
3.50% Senior Convertible Notes due 2027			$	460,000					$	460,000
2.00% Senior Convertible Notes due 2024			126,174						126,174
Less: Deferred financing costs			(7,422)						(9,770)
Net carrying amount of the Convertible Notes			578,752						576,404
Less: Current portion of long-term debt			(578,752)						—
Long-term net carrying amount of the Convertible Notes			$	—					$	576,404

Schedule of Maturities of Long-term Debt

Maturities of principal of the long-term debt obligations of the Company as of December 31, 2023, excluding the long-term debt resulting from the Technicolor Patent Acquisition, are as follows (in thousands):

2024			$	126,174
2025			—
2026			—
2027			460,000
2028 and thereafter			—
			$	586,174

Schedule of Interest Cost

The following table presents the amount of interest cost recognized for the years ended December 31, 2023, 2022 and 2021 related to the contractual interest coupon and the amortization of financing costs (in thousands):

						For the Year Ended December 31,
						2023												2022												2021
						2027 Notes			2024 Notes			Total						2027 Notes			2024 Notes			Total						2024 Notes
Contractual coupon interest						$	16,100		$	2,523		$	18,623					$	9,526		$	4,760		$	14,286					$	8,000
Amortization of financing costs						1,768			580			2,348						990			1,018			2,008						1,627
Total						$	17,868		$	3,103		$	20,971					$	10,516		$	5,778		$	16,294					$	9,627

X

- References

No definition available.

+ Details

Name:	us-gaap_DebtDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of interest income and expense, including, but not limited to, interest income and expense from investments, loans, and securities.

+ References

No definition available.

+ Details

Name:	us-gaap_InterestIncomeAndInterestExpenseDisclosureTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 470
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481544/470-10-50-1

+ Details

Name:	us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration