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DEBT (Tables) | 6 Months Ended
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Jun. 30, 2021
Debt Disclosure [Abstract] |
Schedule of Debt | The following table provides information regarding the Company’s debt.
| June 30, 2021 |  | December 31, 2020
| (In thousands)
Convertible notes |  |  |
Notes due 2028 | $ | 575,000 |  |  | $ | — |
Less: unamortized discount and issuance costs | (159,801) |  |  | — |
Carrying amount of Notes due 2028 | 415,199 |  |  | — |
Notes due 2026 | 632,500 |  |  | — |
Less: unamortized discount and issuance costs | (123,602) |  |  | — |
Carrying amount of Notes due 2026 | 508,898 |  |  | — |
Notes due 2025 | 102,175 |  |  | 320,000 |
Less: unamortized discount and issuance costs | (18,475) |  |  | (64,979) |
Carrying amount of Notes due 2025 | 83,700 |  |  | 255,021 |
Notes due 2024 | 1,068 |  |  | 88,140 |
Less: unamortized discount and issuance costs | (201) |  |  | (19,119) |
Carrying amount of Notes due 2024 | 867 |  |  | 69,021 |
Notes due 2023 | 5,000 |  |  | 5,000 |
Less: unamortized issuance costs | (82) |  |  | (102) |
Carrying amount of Notes due 2023 | 4,918 |  |  | 4,898 |
Sale of long-term financing receivable recorded as debt | 558 |  |  | 1,925 |
Total carrying amount of debt | 1,014,140 |  |  | 330,865 |
Less: current portion of convertible notes and long-term financing receivable recorded as debt | (85,125) |  |  | (325,967) |
Long-term debt | $ | 929,015 |  |  | $ | 4,898 |
The following table presents the total amount of interest cost recognized in the statement of operations relating to the Notes due 2028:
| Three Months Ended June 30, 2021 |  | Six Months Ended June 30, 2021 |  |
| (In thousands)
Amortization of debt discount | $ | 4,872 |  |  |  |  | $ | 6,483 |  |  |  |  |
Amortization of debt issuance costs | 236 |  |  |  |  | 315 |  |  |  |  |
Total interest cost recognized | $ | 5,108 |  |  |  |  | $ | 6,798 |  |  |  |  |
The following table presents the total amount of interest cost recognized in the statement of operations relating to the Notes due 2026:
| Three Months Ended June 30, 2021 |  | Six Months Ended June 30, 2021 |  |
| (In thousands)
Amortization of debt discount | $ | 5,587 |  |  |  |  | $ | 7,373 |  |  |  |  |
Amortization of debt issuance costs | 404 |  |  |  |  | 539 |  |  |  |  |
Total interest cost recognized | $ | 5,991 |  |  |  |  | $ | 7,912 |  |  |  |  |
The following table presents the total amount of interest cost recognized relating to the Notes due 2025:
| Three Months Ended June 30, |  | Six Months Ended June 30, |  |
| 2021 |  | 2020 |  | 2021 |  | 2020 |  |
| (In thousands)
Contractual interest expense | $ | 64 |  |  | $ | 200 |  |  | $ | 214 |  |  | $ | 249 |  |  |
Amortization of debt discount | 1,033 |  |  | 3,069 |  |  | 3,422 |  |  | 3,812 |  |  |
Amortization of debt issuance costs | 122 |  |  | 381 |  |  | 416 |  |  | 468 |  |  |
Total interest cost recognized | $ | 1,219 |  |  | $ | 3,650 |  |  | $ | 4,052 |  |  | $ | 4,529 |  |  |
The following table presents the total amount of interest cost recognized in the statement of operations relating to the Notes due 2024:
| Three Months Ended June 30, |  | Six Months Ended June 30, |  |
| 2021 |  | 2020 |  | 2021 |  | 2020 |  |
| (In thousands)
Contractual interest expense | $ | 3 |  |  | $ | 330 |  |  | $ | 6 |  |  | $ | 660 |  |  |
Amortization of debt discount | 15 |  |  | 1,621 |  |  | 748 |  |  | 3,183 |  |  |
Amortization of debt issuance costs | 1 |  |  | 166 |  |  | 72 |  |  | 332 |  |  |
Total interest cost recognized | $ | 19 |  |  | $ | 2,117 |  |  | $ | 826 |  |  | $ | 4,175 |  |  |
The following table presents the amount of interest cost recognized relating to the contractual interest coupon and the amortization of debt issuance costs of the Notes due 2023.
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020 |  |
| (In thousands)
Contractual interest expense | $ | 50 |  |  | $ | 50 |  |  | $ | 100 |  |  | $ | 100 |  |  |
Amortization of debt issuance costs | 10 |  |  | 10 |  |  | 20 |  |  | 20 |  |  |
Total interest costs recognized | $ | 60 |  |  | $ | 60 |  |  | $ | 120 |  |  | $ | 120 |  |  |

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- 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
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