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Debt (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Long-term debt consisted of the following (in thousands):
As of June 30, 2022
As of December 31, 2021
2030 Notes
Principal
$1,000,000 $1,000,000 
Unamortized issuance costs
11,655 12,277 
Net carrying amount
$988,345 $987,723 
Schedule of Debt Instrument Redemption
YearPercentage
2024
101.938 %
2025
100.969 %
2026 and thereafter
100.000 %
Schedule of Interest Expense
For the three and six months ended June 30, 2022, the interest expense recognized in the condensed consolidated statements of operations related to the 2030 Notes was as follows (in thousands):
Three Months Ended June 30, 2022
Six Months Ended
June 30, 2022
Contractual interest expense
$9,580 $19,268 
Amortization of debt issuance costs
311 622 
Total interest expense
$9,891 $19,890