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DEBT (Tables)
6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Debt
The following table provides information regarding the Company’s debt:
June 30,
2023
December 31,
2022
(In thousands)
Convertible notes
Notes due 2028$575,000 $575,000 
Less: unamortized debt issuance costs(6,062)(6,705)
Carrying amount of Notes due 2028 568,938 568,295 
Notes due 2026632,500 632,500 
Less: unamortized debt issuance costs(5,320)(6,307)
Carrying amount of Notes due 2026 627,180 626,193 
Notes due 2025102,175 102,175 
Less: unamortized debt discount(7,979)(10,229)
Less: unamortized debt issuance costs(813)(1,054)
Carrying amount of Notes due 202593,383 90,892 
Notes due 20235,000 5,000 
Less: unamortized issuance costs(4)(23)
Carrying amount of Notes due 20234,996 4,977 
Total carrying amount of debt1,294,497 1,290,357 
Less: debt, current(93,383)(90,892)
Debt, non-current$1,201,114 $1,199,465 
The following table presents the total amount of interest cost recognized in the condensed consolidated statement of operations relating to the Notes:
Three Months Ended
June 30,
Six Months Ended
June 30,
2023202220232022
(In thousands)
Notes due 2028
Amortization of debt issuance costs$327 $327 $643 $643 
Total interest cost recognized$327 $327 $643 $643 
Notes due 2026
Amortization of debt issuance costs$502 $502 $987 $987 
Total interest cost recognized$502 $502 $987 $987 
Notes due 2025
Contractual interest expense$64 $64 $128 $128 
Amortization of debt discount1,144 1,088 2,249 2,137 
Amortization of debt issuance costs123 123 241 241 
Total interest cost recognized$1,331 $1,275 $2,618 $2,506 
Notes due 2023
Contractual interest expense$50 $50 $100 $100 
Amortization of debt issuance costs10 10 20 20 
Total interest costs recognized$60 $60 $120 $120