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Debt (Tables)
12 Months Ended
Dec. 31, 2022
Debt  
Schedule of carrying value of Convertible Senior Notes

December 31, 2022

December 31, 2021

  

Principal Amount

  

Unamortized
transaction costs

  

Net carrying value

  

Principal Amount

  

Unamortized
debt discount/
transaction costs

  

Net carrying value

(in thousands)

2023 Notes

$

20,173

$

(4)

$

20,169

$

20,173

$

(967)

$

19,206

2025 Notes

 

132,500

 

(990)

 

131,510

 

132,500

 

(17,302)

 

115,198

2027 Notes

125,000

(2,019)

122,981

125,000

(29,966)

95,034

Net carrying value

$

277,673

$

(3,013)

$

274,660

$

277,673

$

(48,235)

$

229,438

Schedule of interest expense related to Convertible Senior Notes

For the year ended December 31,

2022

2021

2020

(in thousands)

Cash Interest Expense

  

  

Coupon interest expense - 2023 Notes

$

545

$

3,138

$

7,390

Coupon interest expense - 2025 Notes

4,637

4,637

554

Coupon interest expense - 2027 Notes

4,688

4,688

2,904

Non-cash Interest Expense

 

 

 

Amortization of debt discount/transaction costs- 2023 Notes

 

97

 

4,932

 

10,887

Amortization of debt discount/transaction costs- 2025 Notes

457

4,795

546

Amortization of debt discount/transaction costs- 2027 Notes

408

4,092

2,359

Total Interest Expense

$

10,832

$

26,282

$

24,640