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Long-term Debt Long-term Debt (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Convertible Debt
As of December 31, 2015, the liability and equity components of the Convertible Senior Notes consisted of the following (in thousands):
 
 
Series A Notes
 
Series B Notes
Liability component:
 
 
 
 
Principal
 
$
460,000

 
$
460,000

Less: Convertible senior notes discounts and issuance costs, net of amortization
 
(93,469
)
 
(120,333
)
Net carrying amount
 
$
366,531

 
$
339,667

 
 
 
 
 
Equity component, net of issuance costs
 
$
92,567

 
$
117,834

Interest Income and Interest Expense Disclosure
Interest expense related to the Convertible Senior Notes consisted of the following for the year ended December 31, 2015 (in thousands):
 
 
Series A Notes
 
Series B Notes
 
 
 
 
 
Coupon interest
 
$
2,683

 
$
4,361

Amortization of convertible senior notes discounts and issuance costs
 
10,833

 
9,236

Total interest expense recognized
 
$
13,516

 
$
13,597

 
 
 
 
 
Effective interest rate on the liability component
 
6.5
%
 
7.1
%