XML 38 R25.htm IDEA: XBRL DOCUMENT v3.3.1.900
INDEBTEDNESS (Tables)
 12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Convertible Debt
The carrying value of the Notes is as follows as of December 31:
 
(in thousands)
 
2015
 
2014
 
Principal amount
 
$
143,750
 
$
143,750
 
Unamortized debt discount
 
 
(27,016)
 
 
(33,059)
 
Deferred financing costs
 
 
(3,307)
 
 
(4,151)
 
Net Carrying value
 
$
113,427
 
$
106,540
 
Interest Income and Interest Expense Disclosure
The following table sets forth the components of total interest expense related to the Notes recognized in the accompanying consolidated statements of earnings for the year ended December 31:
 
(in thousands)
 
2015
 
2014
 
Contractual coupon
 
$
4,312
 
$
252
 
Amortization of debt discount
 
 
6,043
 
 
489
 
Amortization of finance fees
 
 
844
 
 
70
 
Capitalized interest
 
 
(56)
 
 
-
 
 
 
$
11,143
 
$
811