XML 45 R33.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Debt (Tables)
 6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Long-term debt consists of the following (in thousands):
June 30, 2024December 31, 2023
4.625% Senior Notes
$460,038 $460,038 
1.75% Convertible Notes
550,000 550,000 
Total Notes1,010,038 1,010,038 
Credit Agreement— — 
Less: Unamortized discount(2,307)(2,463)
Deferred issuance costs (1)
(5,271)(6,263)
Total long-term debt$1,002,460 $1,001,312 
(1)Includes $4.5 million and $5.5 million of carrying amount of deferred issuance costs on the 1.75% Convertible Notes as of June 30, 2024 and December 31, 2023, respectively, and $0.7 million and $0.8 million of carrying amount of deferred issuance costs on the 4.625% Senior Notes as of June 30, 2024 and December 31, 2023, respectively.
Schedule of Debt
The following table provides the components of interest expense related to the 1.75% Convertible Notes (in thousands):
Three months ended June 30,Six months ended June 30,
2024202320242023
Contractual interest expense$2,406 $9,810 $4,812 $12,216 
Amortization of deferred issuance costs
473 463 943 929 
Total interest expense related to 1.75% Convertible Notes
$2,879 $10,273 $5,755 $13,145