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Debt (Tables)
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Convertible Debt
The following table summarizes the carrying value of the Convertible Notes as of March 31, 2021:
(in thousands)MARCH 31, 2021DECEMBER 31, 2020
Gross proceeds$316,250 $316,250 
Unamortized debt discount(96,083)(101,565)
Unamortized issuance costs(4,079)(4,312)
Carrying value$216,088 $210,373 
Schedule of Interest Expense of Convertible Debt
The following table summarizes the interest expense recognized related to the Convertible Notes:
THREE MONTHS ENDED 
MARCH 31,
(in thousands)20212020
Stated interest$1,186 $1,193 
Amortized debt discount5,482 4,971 
Amortized issuance costs232 211 
Interest Expense$6,900 $6,375