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Convertible Senior Notes (Tables) - 3.75% Convertible Senior Notes
6 Months Ended
Jun. 30, 2023
Debt Instrument [Line Items]  
Schedule of Convertible Senior Notes

The 3.75% Convertible Senior Notes consisted of the following (in thousands):

June 30,

December 31,

    

2023

    

2022

Principal amounts:

Principal

$

197,278

$

197,278

Unamortized debt issuance costs (1)

(2,694)

(3,359)

Net carrying amount

$

194,584

$

193,919

(1)Included in the unaudited interim condensed consolidated balance sheets within the Convertible Senior Notes, net and amortized over the remaining life of the notes using the effective interest rate method.

Schedule of debt

The following table summarizes the total interest expense and effective interest rate related to the 3.75% Convertible Senior Notes (in thousands, except for the effective interest rate):

June 30,

June 30,

    

2023

    

2022

Interest expense

$

1,849

$

1,849

Amortization of debt issuance costs

334

320

Total

2,183

2,169

Effective interest rate

4.5%

4.5%