XML 32 R20.htm IDEA: XBRL DOCUMENT v3.20.2
Liabilities (Tables)
6 Months Ended
Jun. 30, 2020
Liabilities  
Schedule of accrued expenses and other current liabilities

​

​

​

​

​

​

​

​

​

​

June 30,

​

December 31,

​

    

2020

    

2019

​

​

(in thousands)

Payroll and related benefits

​

$

21,267

​

$

15,174

Warranty

​

​

5,518

​

​

7,067

Operating lease liabilities

​

​

4,104

​

​

4,196

Interest

​

​

3,750

​

​

4,321

Professional fees

​

​

1,171

​

​

2,443

Sales, use, and other taxes

​

 

2,533

​

 

811

Restructuring liability

​

 

1,233

​

 

2,841

Other

​

 

2,730

​

 

4,390

Total

​

$

42,306

​

$

41,243

Schedule of changes in product warranty reserves

​

​

​

​

​

​

​

​

(in thousands)

Balance - December 31, 2019

​

$

7,067

Warranties issued

​

 

1,614

Consumption of reserves

​

 

(3,280)

Changes in estimate

​

 

117

Balance - June 30, 2020

​

$

5,518

Schedule of restructuring accrual activities

​

​

​

​

​

​

    

​

​

​

​

​

​

​

​

​

​

​

(in thousands)

Balance - December 31, 2019

​

$

2,841

Provision

​

​

1,097

Payments

​

​

(2,705)

Balance - June 30, 2020

​

$

1,233

Schedule of changes in deferred revenue

​

​

​

​

​

​

​

(in thousands)

Balance - December 31, 2019

 

$

28,249

Deferral of revenue

​

 

6,180

Recognition of previously deferred revenue

​

 

(16,054)

Balance - June 30, 2020

 

$

18,375

Schedule of carrying value of Convertible Senior Notes

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

June 30, 2020

​

​

December 31, 2019

​

​

​

2023 Notes

​

​

2027 Notes

​

​

Total

​

​

2023 Notes

​

​

2027 Notes

​

​

Total

​

​

​

(in thousands)

Principal amount

​

$

256,695

​

$

125,000

​

$

381,695

​

$

345,000

​

$

—

​

$

345,000

Unamortized debt discount

​

 

(25,816)

​

 

(33,773)

​

 

(59,589)

​

 

(40,820)

​

 

—

​

 

(40,820)

Unamortized transaction costs

​

 

(2,601)

​

 

(2,191)

​

 

(4,792)

​

 

(4,112)

​

 

—

​

 

(4,112)

Net carrying value

​

$

228,278

​

$

89,036

​

$

317,314

​

$

300,068

​

$

—

​

$

300,068

Schedule of interest expense related to Convertible Senior Notes

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three months ended June 30,

​

Six months ended June 30,

​

​

    

2020

    

2019

    

2020

    

2019

​

​

 

(in thousands)

​

Cash Interest Expense

 

​

  

​

​

  

​

​

  

​

​

  

​

Coupon interest expense - 2023 Notes

​

$

2,070

​

$

2,329

​

$

4,399

​

$

4,658

​

Coupon interest expense - 2027 Notes

​

​

573

​

​

—

​

​

573

​

​

—

​

Non-cash Interest Expense

​

 

  

​

 

  

​

 

  

​

 

  

​

Amortization of debt discount - 2023 Notes

​

 

2,729

​

 

2,851

​

 

5,746

​

 

5,650

​

Amortization of debt discount - 2027 Notes

​

​

425

​

​

—

​

​

425

​

​

—

​

Amortization of transaction costs - 2023 Notes

​

​

275

​

​

287

​

 

579

​

 

569

​

Amortization of transaction costs - 2027 Notes

​

 

28

​

 

—

​

 

28

​

 

—

​

Total Interest Expense

​

$

6,100

​

$

5,467

​

$

11,750

​

$

10,877

​