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Debt - (Tables)
6 Months Ended
Jun. 30, 2021
Debt Instrument, Redemption [Line Items]  
Summary of liability for sale of future royalties

    

Six Months Ended June 30, 

Liability for sale of future royalties- (current and noncurrent)

2021

Beginning balance as of December 31, 2020

$

679,762

Less: Non-cash royalty revenue payable to RPI

(8,681)

Plus: Non-cash interest expense recognized

38,083

Ending balance

$

709,164

Effective interest rate as of June 30 , 2021

 

11.5

%

1.50% Convertible senior notes due 2026  
Debt Instrument, Redemption [Line Items]  
Summary of convertible notes

Liability component

    

June 30, 2021

December 31, 2020

Principal

$

287,500

$

287,500

Less: Debt issuance costs

 

(6,179)

 

(4,058)

Less: Debt discount, net(1)

 

 

(106,065)

Net carrying amount

$

281,321

$

177,377

Summary of interest expense recognized related to the Convertible Notes

    

 

Three Months Ended June 30, 

Six Months Ended June 30, 

    

2021

    

2020

2021

 

2020

Contractual interest expense

$

1,066

$

1,066

$

2,135

$

2,142

Amortization of debt issuance costs

 

279

124

 

556

 

248

Amortization of debt discount

3,239

6,473

Total

$

1,345

$

4,429

$

2,691

$

8,863

Effective interest rate of the liability component

 

1.9

%

10.2

%

 

1.9

%

10.2

%

3.00% Convertible senior notes due 2022  
Debt Instrument, Redemption [Line Items]  
Summary of convertible notes

Liability component

    

June 30, 2021

    

December 31, 2020

Principal

$

150,000

$

150,000

Less: Debt issuance costs

 

(825)

 

(865)

Less: Debt discount, net (1)

 

 

(17,372)

Net carrying amount

$

149,175

$

131,763

Summary of interest expense recognized related to the Convertible Notes

 

 

Three Months Ended June 30, 

 

Six Months Ended June 30, 

 

    

2021

    

2020

    

2021

    

2020

 

Contractual interest expense

$

1,131

$

1,125

$

2,241

$

2,244

Amortization of debt issuance costs

 

180

 

114

 

355

 

225

Amortization of debt discount

 

 

2,295

 

 

4,520

Total

$

1,311

$

3,534

$

2,596

$

6,989

Effective interest rate of the liability component

 

3.5

%  

 

11.0

%

 

3.5

%  

 

11.0

%