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FINANCING ARRANGEMENTS (Tables)
 3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Notes
The carrying amount of the Atairos Notes consisted of the following as of March 31, 2021 and December 31, 2020 (in thousands):
March 31, 2021December 31, 2020
Liability component:
Principal amount$250,000 $250,000 
Less: debt discount - transaction costs(1,239)(1,459)
Less: debt discount - equity— (19,051)
Net carrying amount of liability component$248,761 $229,490 
Net carrying amount of equity component$— $67,014 
The carrying amount of the 2026 Notes consisted of the following as of March 31, 2021 (in thousands):
March 31, 2021
Principal amount$200,000 
Less: debt discount(6,765)
Net carrying amount of liability$193,235 
Schedule of Convertible Debt Interest Expense During the three months ended March 31, 2021 and 2020, we recognized interest costs on the Atairos Notes as follows (in thousands):
Three Months Ended March 31,
20212020
Contractual interest (3.25% of the principal amount per annum)
$2,032 $2,032 
Amortization of debt discount303 3,516 
Total $2,335 $5,548