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CONVERTIBLE SENIOR NOTES AND TERM LOAN (Tables)
3 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Carrying Amount
The following table presents the net carrying amount of the 2022 Term Loan (in thousands):
June 30, 2024March 31, 2024
Principal$225,000 $225,000 
Unamortized debt discount and issuance costs(12,282)(13,106)
Net carrying amount$212,718 $211,894 
The following table presents the net carrying amount of the 2028 Notes (in thousands):
June 30, 2024March 31, 2024
Principal$201,914 $201,914 
Unamortized debt discount and issuance costs(3,881)(4,118)
Net carrying amount$198,033 $197,796 
Schedule of Interest Expense
Interest expense recognized related to the 2022 Term Loan was as follows (in thousands):
Three Months Ended June 30,
 20242023
Contractual interest expense$6,855 $6,879 
Amortization of debt discount and issuance costs824 775 
Total interest expense$7,679 $7,654 
Interest expense recognized related to the 2028 Notes was as follows (in thousands):
Three Months Ended June 30,
20242023
Contractual interest expense$2,039 $2,014 
Amortization of debt discount and issuance costs238 227 
Total interest expense$2,277 $2,241