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v3.23.3

Long-Term Debt (Tables) | 9 Months Ended
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Sep. 30, 2023
Long-Term Debt [Abstract] |
Long-term Debt Instruments | Long-term debt consists of the following:
|  | September 30, 2023 |  |  | December 31, 2022 |
Credit facility |  | $ | - |  |  | $ | 42,000 |
Convertible senior notes, due 2025 |  |  | 95,102 |  |  |  | 465,344 |
Convertible senior notes, due 2030 |  |  | 750,000 |  |  |  | - |
Deferred financing costs |  |  | (27,845 | ) |  |  | (6,407 | )
|  |  | 817,257 |  |  |  | 500,937 |
Less current portion |  |  | - |  |  |  | - |
|  | $ | 817,257 |  |  | $ | 500,937 |
Key Facts and Terms of the Convertible Debt Instruments | The following table summarizes some key facts and terms regarding the outstanding convertible senior notes as of September 30, 2023:
|  | 2025 Notes |  |  | 2030 Notes |
Issuance date |  | June 12, 2018 |  |  | September 12, 2023 |
Maturity date |  | June 15, 2025 |  |  | September 15, 2030 |
Principal amount as of September 30, 2023 |  | $ | 95,102 |  |  | $ | 750,000 |
Cash coupon rate (per annum) |  |  | 2.25 | % |  |  | 2.25 | %
Conversion rate (per $1 principal amount) |  |  | 32.1062 |  |  |  | 33.1609 |
Effective conversion price (per share) |  | $ | 31.15 |  |  | $ | 30.16 |
130% of the current effective conversion price (per share) |  | $ | 40.50 |  |  | $ | 39.21 |

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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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