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Convertible Senior Notes (Tables)
12 Months Ended
Dec. 31, 2021
0.375%Convertible Senior Notes Due 2025 as Liability Component [Member]  
Debt Instrument [Line Items]  
Schedule of Net Carrying Amount of Notes

The net carrying amount of the liability component of the 2025 Notes is as follows:
 

 

 

As of December 31,
2021

 

 

As of December 31,
2020

 

 

 

(in thousands)

 

Principal

 

$

459,999

 

 

$

460,000

 

Unamortized debt discount

 

 

(70,594

)

 

 

(88,756

)

Unamortized issuance costs

 

 

(5,544

)

 

 

(6,973

)

Net carrying amount

 

$

383,861

 

 

$

364,271

 

 

0.375% Convertible Senior Notes Due 2025 as Equity Component [Member]  
Debt Instrument [Line Items]  
Schedule of Net Carrying Amount of Notes

The net carrying amount of the equity component of the 2025 Notes is as follows:

 

 

 

As of December 31,
2021

 

 

As of December 31,
2020

 

 

 

(in thousands)

 

Debt discount for conversion option

 

$

98,730

 

 

$

98,730

 

Issuance costs

 

 

(2,120

)

 

 

(2,120

)

Net carrying amount

 

$

96,610

 

 

$

96,610

 

 

0.375% Convertible Senior Notes Due 2025 [Member]  
Debt Instrument [Line Items]  
Schedule of Interest Expense

Interest expense related to the 2025 Notes is as follows:

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

 

 

(in thousands)

 

Contractual interest expense

 

$

1,725

 

 

$

987

 

 

$

 

Amortization of debt discount

 

 

18,171

 

 

 

9,974

 

 

 

 

Amortization of issuance costs

 

 

1,428

 

 

 

784

 

 

 

 

Total interest expense

 

$

21,324

 

 

$

11,745

 

 

$

 

 

0.25% Convertible Senior Notes Due 2022 as Liability Component [Member]  
Debt Instrument [Line Items]  
Schedule of Net Carrying Amount of Notes

The net carrying amount of the liability component of the 2022 Notes is as follows:
 

 

 

As of December 31,
2021

 

 

As of December 31,
2020

 

 

 

(in thousands)

 

Principal

 

$

19,382

 

 

$

125,839

 

Unamortized debt discount

 

 

(477

)

 

 

(10,397

)

Unamortized issuance costs

 

 

(35

)

 

 

(777

)

Net carrying amount

 

$

18,870

 

 

$

114,665

 

0.25%Convertible Senior Notes Due 2022 as Equity Component [Member]  
Debt Instrument [Line Items]  
Schedule of Net Carrying Amount of Notes

The net carrying amount of the equity component of the 2022 Notes is as follows:

 

 

 

As of December 31,
2021

 

 

As of December 31,
2020

 

 

 

(in thousands)

 

Debt discount for conversion option

 

$

5,136

 

 

$

33,349

 

Issuance costs

 

 

(138

)

 

 

(898

)

Net carrying amount

 

$

4,998

 

 

$

32,451

 

0.25% Convertible Senior Notes Due 2022 [Member]  
Debt Instrument [Line Items]  
Schedule of Interest Expense

Interest expense related to the 2022 Notes is as follows:
 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

 

 

(in thousands)

 

Contractual interest expense

 

$

154

 

 

$

614

 

 

$

1,000

 

Amortization of debt discount

 

 

3,636

 

 

 

13,150

 

 

 

20,277

 

Amortization of issuance costs

 

 

272

 

 

 

982

 

 

 

1,513

 

Total interest expense

 

$

4,062

 

 

$

14,746

 

 

$

22,790