XML 58 R44.htm IDEA: XBRL DOCUMENT
v3.22.0.1

DEBT (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Debt Disclosure [Abstract] |
Schedule of Debt | The following table provides information regarding the Company’s debt.
| December 31, 2021 |  | December 31, 2020
| (In thousands)
Convertible notes |  |  |
Notes due 2028 | $ | 575,000 |  |  | $ | — |
Less: unamortized discount and issuance costs | (149,411) |  |  | — |
Carrying amount of Notes due 2028 | 425,589 |  |  | — |
Notes due 2026 | 632,500 |  |  | — |
Less: unamortized discount and issuance costs | (111,433) |  |  | — |
Carrying amount of Notes due 2026 | 521,067 |  |  | — |
Notes due 2025 | 102,175 |  |  | 320,000 |
Less: unamortized discount and issuance costs | (16,123) |  |  | (64,979) |
Carrying amount of Notes due 2025 | 86,052 |  |  | 255,021 |
Notes due 2024 | — |  |  | 88,140 |
Less: unamortized discount and issuance costs | — |  |  | (19,119) |
Carrying amount of Notes due 2024 | — |  |  | 69,021 |
Notes due 2023 | 5,000 |  |  | 5,000 |
Less: unamortized issuance costs | (62) |  |  | (102) |
Carrying amount of Notes due 2023 | 4,938 |  |  | 4,898 |
Sale of long-term financing receivable recorded as debt | — |  |  | 1,925 |
Total carrying amount of debt | 1,037,646 |  |  | 330,865 |
Less: current portion of convertible notes and long-term financing receivable recorded as debt | (86,052) |  |  | (325,967) |
Debt, non-current | $ | 951,594 |  |  | $ | 4,898 |
The following table presents the total amount of interest cost recognized in the statement of operations relating to the Notes due 2028:
|  |  | Year Ended December 31, 2021 |  |
|  |  |  |  | (In thousands)
Amortization of debt discount |  |  |  |  | $ | 16,401 |  |  |  |  |
Amortization of debt issuance costs |  |  |  |  | 785 |  |  |  |  |
Total interest cost recognized |  |  |  |  | $ | 17,186 |  |  |  |  |
The following table presents the total amount of interest cost recognized in the statement of operations relating to the Notes due 2026:
|  |  | Year Ended December 31, 2021 |  |
|  |  |  |  | (In thousands)
Amortization of debt discount |  |  |  |  | $ | 18,735 |  |  |  |  |
Amortization of debt issuance costs |  |  |  |  | 1,347 |  |  |  |  |
Total interest cost recognized |  |  |  |  | $ | 20,082 |  |  |  |  |
The following table presents the total amount of interest cost recognized relating to the Notes due 2025:
|  |  | Years Ended December 31, |  |
|  |  |  |  | 2021 |  | 2020 |  |
|  |  |  |  | (In thousands)
Contractual interest expense |  |  |  |  | $ | 342 |  |  | $ | 649 |  |  |
Amortization of debt discount |  |  |  |  | 5,529 |  |  | 10,072 |  |  |
Amortization of debt issuance costs |  |  |  |  | 661 |  |  | 1,229 |  |  |
Total interest cost recognized |  |  |  |  | $ | 6,532 |  |  | $ | 11,950 |  |  |
The following table presents the total amount of interest cost recognized in the statement of operations relating to the Notes due 2024:
|  |  | Years Ended December 31,
|  |  |  |  | 2021 |  | 2020 |  |
|  |  |  |  | (In thousands)
Contractual interest expense |  |  |  |  | $ | 8 |  |  | $ | 1,284 |  |  |
Amortization of debt discount |  |  |  |  | 772 |  |  | 6,325 |  |  |
Amortization of debt issuance costs |  |  |  |  | 74 |  |  | 646 |  |  |
Total interest cost recognized |  |  |  |  | $ | 854 |  |  | $ | 8,255 |  |  |
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.
|  |  | Years Ended December 31,
|  |  |  |  | 2021 |  | 2020 |  |
|  |  |  |  | (In thousands)
Contractual interest expense |  |  |  |  | $ | 200 |  |  | $ | 200 |  |  |
Amortization of debt issuance costs |  |  |  |  | 40 |  |  | 40 |  |  |
Total interest costs recognized |  |  |  |  | $ | 240 |  |  | $ | 240 |  |  |

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 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