XML 54 R40.htm IDEA: XBRL DOCUMENT
v3.19.1

LONG TERM DEBT (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Debt Disclosure [Abstract] |
Schedule of principal payments on the Company's Term Debt | The carrying values of the liability's components are reflected in the Company's accompanying consolidated balance sheets as follows:
|  | December 31, |
|  | 2018 |  |  | 2017 |
Principal |  | $ | 215,000 |  |  | $ | 215,000 |
Less: Debt issuance costs, net of amortization |  |  | (2,692 | ) |  |  | (3,486 | )
Net liability carrying amount |  | $ | 212,308 |  |  | $ | 211,514 |
Schedule of Component of Term Debt Liability | Interest expense related to the liability is reflected on the accompanying consolidated statements of income for the years ended:
|  | December 31, |
|  | 2018 |  |  | 2017 |
Amortization of debt issuance costs |  | $ | 794 |  |  | $ | 6,334 |
Interest expense |  |  | 7,083 |  |  |  | 5,558 |
Total interest expense recognized |  | $ | 7,877 |  |  | $ | 11,892 |
Effective interest rate |  |  | 3.80 | % |  |  | 3.30 | %
Schedule of interest Expense Recognized | In January 2017, the Company issued $287,500 aggregate principal amount of Exchangeable Senior Notes (the "Notes") due 2024. The following table summarizes some key facts and terms regarding the outstanding Notes:
|  | Due 2024 |
Issuance date |  | January 18, 2017 |
Maturity date |  | January 15, 2024 |
Principal amount |  | $ | 287,500 |
Cash coupon rate (per annum) |  |  | 1.25 | %
Conversion rate effective September 15, 2023 (per $1000 principal amount) |  |  | 12.026 |
Effective conversion price effective September 15, 2023 (per ADS) |  | $ | 83.15 |
Schedule of Outstanding Exchangeable Note | The carrying values of the liability and equity components of the Notes are reflected in the Company's accompanying consolidated balance sheets as follows:
|  | December 31, |
|  | 2018 |  |  | 2017 |
Principal |  | $ | 287,500 |  |  | $ | 287,500 |
Less: |  |  |  |  |  |  |  |
Debt issuance costs, net of amortization |  |  | (4,488 | ) |  |  | (5,182 | )
Unamortized discount |  |  | (39,335 | ) |  |  | (46,190 | )
Net liability carrying amount |  | $ | 243,677 |  |  | $ | 236,128 |
Equity component - net carrying value |  | $ | 51,176 |  |  | $ | 51,176 |
Schedule of Carring Values | Interest expense related to the Notes is reflected on the accompanying consolidated statements of income as follows:
|  | Year Ended December 31, |
|  | 2018 |  |  | 2017 |
Amortization of debt issuance costs |  | $ | 694 |  |  | $ | 609 |
Non-cash amortization of debt discount |  |  | 6,855 |  |  |  | 6,278 |
Interest expense |  |  | 3,594 |  |  |  | 3,414 |
Net liability carrying amount |  | $ | 11,143 |  |  | $ | 10,301 |
Equity component - net carrying value |  |  | 4.68 | % |  |  | 4.68 | %

X
- Definition Carrying value of notes. + References No definition available. + Details
Name: | NICE_ScheduleOfCarringValuesOfLiabilityAndEquityComponentsTableTextBlock
Namespace Prefix: | NICE_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of component of liability of Term Debt. + References No definition available. + Details
Name: | NICE_ScheduleOfComponentOfLiabilityTableTextBlock
Namespace Prefix: | NICE_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of interest expense recorded for Term Debt. + References No definition available. + Details
Name: | NICE_ScheduleOfInterestExpenseRecognizedTableTextBlock
Namespace Prefix: | NICE_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of outstanding exchangeable note. + References No definition available. + Details
Name: | NICE_ScheduleOfOutstandingExchangeableNoteTableTextBlock
Namespace Prefix: | NICE_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration