XML 48 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
Debt (Tables)
 12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The Term Loan consisted of the following at December 31, 2017 (in thousands):
Principal
$
48,000

Less: unamortized debt discount and debt issuance costs
(3,945
)
Net carrying amount
$
44,055
Schedule of Debt
The following table sets forth total interest expense recognized related to the Term Loan during the year ended December 31, 2017 (in thousands):
Contractual interest expense
$
1,511

Amortization of debt discount
472

Amortization of debt issuance costs
57

Total interest expense
$
2,040
Schedule of Convertible Notes Components
The Convertible Notes consisted of the following (in thousands):
 
December 31,
 
2017
 
2016
Liability component:
 
 
 
Principal
$
105,125

 
$
120,000

Less: unamortized debt discount and debt issuance costs
(20,352
)
 
(29,092
)
Net carrying amount
$
84,773

 
$
90,908

Equity component
$
41,905

 
$
38,305

 
Schedule of Convertible Notes Interest Expense
The following table sets forth total interest expense recognized related to the Convertible Notes during the years ended December 31, 2017 and 2016 (in thousands):
 
Year Ended
December 31,
 
2017
 
2016
Contractual interest expense
$
6,310

 
$
6,600

Amortization of debt discount
8,542

 
7,920

Amortization of debt issuance costs
502

 
527

Total interest expense
$
15,354

 
$
15,047
Schedule of Maturities of Long-term Debt
At December 31, 2017, the minimum calendar year principal payments and maturities of long-term debt were as follows, assuming no repurchases or conversions of the Novatel Wireless Notes prior to June 15, 2020, the maturity date, or the Inseego Notes prior to June 15, 2022, the maturity date (in thousands):
2018
$
338

2019
—

2020
48,250

2021
—

2022
104,875

Total
$
153,463