XML 70 R58.htm IDEA: XBRL DOCUMENT v3.19.2
Convertible Senior Notes - Additional Information (Detail)
1 Months Ended 3 Months Ended
Jun. 30, 2015
USD ($)
$ / shares
$ / derivative
shares
Jun. 30, 2018
USD ($)
$ / shares
$ / derivative
shares
Jun. 30, 2015
USD ($)
$ / shares
shares
Jun. 30, 2014
USD ($)
derivative
$ / shares
$ / derivative
May 04, 2019
USD ($)
$ / shares
May 05, 2018
USD ($)
Sep. 30, 2014
USD ($)
shares
Feb. 02, 2019
USD ($)
Jul. 31, 2015
USD ($)
Jun. 18, 2014
$ / shares
Debt Instrument                    
Amortization of debt discount         $ 12,377,000 $ 7,881,000        
Convertible senior notes due 2023                    
Debt Instrument                    
Debt instrument, principal amount         335,000,000     $ 335,000,000    
Deemed elected combination settlement amount per note to be received upon conversion   $ 1,000                
Debt instrument, effective interest rate   6.35%                
Discounts and commissions payable   $ 1,700,000     77,264,000     81,311,000    
Third party offering costs   $ 4,600,000                
Amortization of debt issuance costs         200,000          
Amortization of debt discount         $ 4,100,000          
Warrants sold to purchase common stock | shares   1,700,000                
Cash proceeds from sale of warrants   $ 51,000,000                
Warrants price per share | $ / shares   $ 309.84                
Convertible senior notes due 2023 | Convertible Bond Hedge and Warrant Transactions                    
Debt Instrument                    
Convertible note hedge, number of shares   1,700,000                
Convertible note hedge, price per share | $ / derivative   193.65                
Convertible note hedge, description         the Company entered into convertible note hedge transactions whereby the Company has the option to purchase a total of approximately 1.7 million shares of its common stock at a price of approximately $193.65 per share.          
Convertible note hedge, inception Date         Jun. 30, 2018          
Total cost of convertible note hedge transactions   $ 91,900,000                
Warrants price per share | $ / shares   $ 309.84                
Deferred tax liability         $ 22,300,000          
Deferred tax asset         $ 22,500,000          
Convertible senior notes due 2023 | Convertible Bond Hedge and Warrant Transactions | Warrants Subject to Certain Adjustment Mechanisms | Maximum                    
Debt Instrument                    
Warrants sold to purchase common stock | shares   3,500,000                
Convertible senior notes due 2023 | Convertible Debt Instrument Conversion Period One                    
Debt Instrument                    
Debt instrument, convertible trading days   20                
Debt instrument, convertible consecutive trading days   30                
Debt instrument, convertible percentage of stock price   130.00%                
Convertible senior notes due 2023 | Convertible Debt Instrument Conversion Period Two                    
Debt Instrument                    
Debt instrument, convertible trading days   5                
Debt instrument, convertible consecutive trading days   10                
Debt instrument, convertible percentage of stock price   98.00%                
Convertible senior notes due 2023 | Convertible Debt Instrument Conversion Period Three                    
Debt Instrument                    
Debt instrument, convertible earliest date         Mar. 15, 2023          
Convertible senior notes due 2023 | Common Stock                    
Debt Instrument                    
Debt instrument, initial conversion rate   5.1640                
Debt instrument, conversion principal amount   $ 1,000                
Conversion price per share | $ / shares   $ 193.65     $ 193.65          
Debt instrument, conversion description         The initial conversion rate applicable to the 2023 Notes is 5.1640 shares of common stock per $1,000 principal amount of 2023 Notes, which is equivalent to an initial conversion price of approximately $193.65 per share.          
Convertible senior notes due 2020                    
Debt Instrument                    
Debt instrument, principal amount         $ 300,000,000     300,000,000    
Deemed elected combination settlement amount per note to be received upon conversion $ 1,000   $ 1,000              
Debt instrument, effective interest rate 6.47%   6.47%              
Discounts and commissions payable $ 3,800,000   $ 3,800,000   22,642,000     27,081,000    
Third party offering costs $ 2,300,000   $ 2,300,000              
Amortization of debt issuance costs         300,000 300,000        
Amortization of debt discount         $ 4,400,000 4,200,000        
Warrants sold to purchase common stock | shares 2,500,000   2,500,000              
Cash proceeds from sale of warrants     $ 30,400,000              
Warrants price per share | $ / shares $ 189.00   $ 189.00              
Convertible senior notes due 2020 | Convertible Bond Hedge and Warrant Transactions                    
Debt Instrument                    
Conversion price per share | $ / shares $ 189.00   $ 189.00              
Convertible note hedge, price per share | $ / derivative 118.13                  
Convertible note hedge, description         the Company entered into convertible note hedge transactions whereby the Company has the option to purchase a total of approximately 2.5 million shares of its common stock at a price of approximately $118.13 per share.          
Total cost of convertible note hedge transactions $ 68,300,000                  
Deferred tax liability         $ 32,800,000          
Deferred tax asset         $ 26,600,000          
Convertible senior notes due 2020 | Convertible Bond Hedge and Warrant Transactions | Warrants Subject to Certain Adjustment Mechanisms | Maximum                    
Debt Instrument                    
Warrants sold to purchase common stock | shares 5,100,000   5,100,000              
Convertible senior notes due 2020 | Convertible Debt Instrument Conversion Period One                    
Debt Instrument                    
Debt instrument, convertible trading days     20              
Debt instrument, convertible consecutive trading days     30              
Debt instrument, convertible percentage of stock price     130.00%              
Convertible senior notes due 2020 | Convertible Debt Instrument Conversion Period Two                    
Debt Instrument                    
Debt instrument, convertible trading days     5              
Debt instrument, convertible consecutive trading days     10              
Debt instrument, convertible percentage of stock price     98.00%              
Convertible senior notes due 2020 | Common Stock                    
Debt Instrument                    
Debt instrument, principal amount $ 1,000   $ 1,000              
Debt instrument, initial conversion rate     8.4656              
Conversion price per share | $ / shares $ 118.13   $ 118.13   $ 118.13          
Debt instrument, conversion description         The initial conversion rate applicable to the 2020 Notes is 8.4656 shares of common stock per $1,000 principal amount of 2020 Notes, which is equivalent to an initial conversion price of approximately $118.13 per share.          
Convertible senior notes due 2019                    
Debt Instrument                    
Debt instrument, principal amount         $ 350,000,000     350,000,000    
Debt instrument, convertible earliest date         Mar. 15, 2019          
Debt instrument, effective interest rate       4.51%            
Discounts and commissions payable       $ 4,400,000 $ 1,963,000     $ 5,854,000    
Third party offering costs       $ 1,000,000            
Amortization of debt issuance costs         200,000 200,000        
Amortization of debt discount         $ 3,900,000 $ 3,700,000        
Convertible note hedge, number of shares | derivative       3,000,000            
Cash proceeds from sale of warrants             $ 40,400,000      
Convertible senior notes due 2019 | Convertible Bond Hedge and Warrant Transactions                    
Debt Instrument                    
Convertible note hedge, number of shares       3,000,000            
Convertible note hedge, price per share | $ / derivative       116.09            
Convertible note hedge, description         the Company entered into convertible note hedge transactions whereby the Company has the option to purchase a total of approximately 3.0 million shares of its common stock at a price of approximately $116.09 per share.          
Total cost of convertible note hedge transactions       $ 73,300,000            
Warrants price per share | $ / shares       $ 171.98            
Deferred tax liability         $ 27,500,000          
Deferred tax asset         $ 28,600,000          
Conversion price per share, two | $ / shares       $ 171.98            
Convertible senior notes due 2019 | Convertible Bond Hedge and Warrant Transactions | Warrants Subject to Certain Adjustment Mechanisms | Maximum                    
Debt Instrument                    
Warrants sold to purchase common stock | shares             6,000,000      
Convertible senior notes due 2019 | Convertible Debt Instrument Conversion Period One                    
Debt Instrument                    
Debt instrument, convertible trading days   20                
Debt instrument, convertible consecutive trading days   30                
Debt instrument, convertible percentage of stock price   130.00%                
Convertible senior notes due 2019 | Convertible Debt Instrument Conversion Period Two                    
Debt Instrument                    
Debt instrument, convertible trading days   5                
Debt instrument, convertible consecutive trading days   10                
Debt instrument, convertible percentage of stock price   98.00%                
Convertible senior notes due 2019 | Common Stock                    
Debt Instrument                    
Debt instrument, initial conversion rate       8.6143            
Debt instrument, conversion principal amount       $ 1,000            
Conversion price per share | $ / shares         $ 116.09         $ 116.09
Private Placement | Convertible senior notes due 2023                    
Debt Instrument                    
Debt instrument, principal amount   $ 300,000,000                
Debt instrument, interest rate   0.00%                
Debt instrument, maturity date   Jun. 15, 2023                
Private Placement | Convertible senior notes due 2020                    
Debt Instrument                    
Debt instrument, principal amount $ 250,000,000   $ 250,000,000              
Debt instrument, interest rate 0.00%   0.00%              
Debt instrument, maturity date         Jul. 15, 2020          
Private Placement | Convertible senior notes due 2019                    
Debt Instrument                    
Debt instrument, principal amount       $ 350,000,000            
Debt instrument, interest rate       0.00%            
Debt instrument, maturity date         Jun. 15, 2019          
Over Allotment Option in Private Placement | Convertible senior notes due 2023                    
Debt Instrument                    
Debt instrument, principal amount   $ 35,000,000                
Exercise of Over Allotment Option in Private Placement | Convertible senior notes due 2020                    
Debt Instrument                    
Debt instrument, principal amount                 $ 50,000,000