Debt (Tables)

6 Months Ended

Jun. 30, 2020

Schedule of components of long term debt

$'s in 000's	June 30, 2020		December 31, 2019
Convertible Notes	$	143,750	$	—
Term loans		218,350		220,000
Revolving credit facility		30,000		10,000
Mortgage		1,789		1,812
Notes Payable - VIP Acquisition		27,500		27,500
Net discount on debt and deferred financing fees		(61,345)		(5,688)
	$	360,044	$	253,624
Less current maturities of long-term debt		(2,249)		(2,248)
Total long-term debt	$	357,795	$	251,376

Summary of debt interest expense

	For the Three Months Ended
		June 30, 2020
($'s in 000's)
Contractual interest expense		$	671
Amortization of debt issuance costs			689
Amortization of debt discount			47
Total		$	1,407
Effective interest rate of the liability component			13.0%

Future maturities of long-term debt, excluding the net discount on debt, deferred financing fees and contingent notes

($'s in 000's)
Remainder of 2020	$	1,124
2021		2,250
2022		2,253
2023		29,755
2024		2,257
Thereafter		383,750

Convertible Notes

Convertible notes summary

($'s in 000's)	June 30, 2020
Par value of the Notes	$	143,750
Unamortized debt discount		(52,595)
Unamortized debt issuance costs		(3,615)
Net carrying amount	$	87,540

Schedule of net carrying amount of the equity component of notes

($'s in 000's)	June 30, 2020
Proceeds allocated to the conversion option	$	53,285
Deferred tax affect		(8,011)
Issuance costs		(2,158)
Net carrying amount	$	43,116

Schedule of amortization expense debt discount and debt issuance costs

($'s in 000's)	Debt Discounts		Debt Issuance Costs
Remainder of 2020	$	2,544	$	175
2021		6,689		460
2022		7,602		522
2023		8,640		594
2024		9,820		675
Thereafter		17,300		1,189