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Debt (Tables)
12 Months Ended
Dec. 31, 2021
Debt  
Schedule of carrying value of Convertible Senior Notes

December 31, 2021

December 31, 2020

  

Principal Amount

  

Unamortized
debt discount/
transaction costs

  

Net carrying value

  

Principal Amount

  

Unamortized
debt discount/
transaction costs

  

Net carrying value

(in thousands)

2023 Notes

$

20,173

$

(967)

$

19,206

$

131,695

$

(11,925)

$

119,770

2025 Notes

 

132,500

 

(17,302)

 

115,198

 

132,500

 

(22,097)

 

110,403

2027 Notes

125,000

(29,966)

95,034

125,000

(34,058)

90,942

Net carrying value

$

277,673

$

(48,235)

$

229,438

$

389,195

$

(68,080)

$

321,115

Schedule of interest expense related to Convertible Senior Notes

For the year ended December 31,

    

2021

2020

2019

 

(in thousands)

Cash Interest Expense

 

  

  

Coupon interest expense - 2023 Notes

$

3,138

$

7,390

$

9,315

Coupon interest expense - 2025 Notes

4,637

554

Coupon interest expense - 2027 Notes

4,688

2,904

Non-cash Interest Expense

 

 

 

Amortization of debt discount/transaction costs- 2023 Notes

 

4,932

 

10,887

 

12,676

Amortization of debt discount/transaction costs- 2025 Notes

4,795

546

Amortization of debt discount/transaction costs- 2027 Notes

4,092

2,359

Total Interest Expense

$

26,282

$

24,640

$

21,991