Current and Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2020

Debt Disclosure [Abstract]

Schedule Of Long-Term Debt

The Company’s carrying value of current and long-term debt consisted of the following:

	September 30, 2020		December 31, 2019
	(In thousands)
Revolving credit facility due September 2024, including swingline credit facility	$	—	$	167,227
Term loan facility due June 2027, net of unamortized discount and capitalized debt issuance costs	481,827		—
5.50% Senior notes due May 2025, net of unamortized capitalized debt issuance costs	297,030		296,545
1.00% Convertible senior notes due December 2020, net of unamortized discount and capitalized debt issuance costs	114,694		275,703
Total Debt	893,551		739,475
Less: Current portion	(119,694)		—
Total Long-Term Debt	$	773,857	$	739,475

Schedule of Interest Expense Related to Convertible Notes

The Company’s interest expense related to the Convertible Notes consisted of the following:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
	(In thousands)
Cash interest per contractual coupon rate	$	288	$	719	$	1,693	$	2,157
Amortization of note discount	1,214		2,854		7,112		8,450
Amortization of debt issuance costs	97		216		558		633
Total interest expense related to Convertible Notes	$	1,599	$	3,789	$	9,363	$	11,240

Schedule of Convertible Debt

The Company’s carrying value of the Convertible Notes consisted of the following:

	September 30, 2020		December 31, 2019
	(In thousands)
Principal balance	$	115,568	$	287,500
Unamortized discount and capitalized debt issuance costs	(874)		(11,797)
Net carrying amount of Convertible Notes	$	114,694	$	275,703