CONVERTIBLE NOTES (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Schedule of Net Carrying Amount

	Principal outstanding		Unamortized debt discount			Unamortized debt issuance costs			Net carrying value
December 31, 2018:
Convertible Notes	$	442,750	$	(96,371	)	$	(8,602	)	$	337,777
December 31, 2019:
Convertible Notes	$	442,750	$	(77,527	)	$	(6,508	)	$	358,715

F - 39

WIX.COM LTD.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

U.S. dollars in thousands (except share and per share data)

NOTE 8:-CONVERTIBLE NOTES (Cont.)

The net carrying amount of the equity component of the Notes were as follows (in thousands):

	Amount allocated to conversion option		Less: allocated issuance costs and Capped call			Equity component, net
December 31, 2019:
Convertible notes	$	105,375	$	(48,337	)	$	57,038

The Company recognized interest expense on the Notes as follows (in thousands, except for percentages):

Year ended December 31, 2019
Amortization of debt discount and issuance costs	$	20,938

	Amount allocated to conversion option		Less: allocated issuance costs and Capped call			Equity component, net
December 31, 2018:
Convertible notes	$	105,375	$	(48,337	)	$	57,038

The Company recognized interest expense on the Notes as follows (in thousands, except for percentages):

Year ended December 31, 2018
Amortization of debt discount and issuance costs	$	10,004