XML 34 R25.htm IDEA: XBRL DOCUMENT v3.23.1
Convertible Senior Notes (Tables)
3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Carrying Value of Convertible Senior Notes

The net carrying value of the liability component of the 2019 Notes is as follows:

 

 

 

 

 

 

 

 

 

 

March 31,
2023

 

 

December 31,
2022

 

 

 

(Amounts in thousands)

 

0.375% Convertible Senior Notes due 2024:

 

 

 

 

 

 

Principal amount

 

$

287,470

 

 

$

287,470

 

Unamortized debt issuance costs

 

 

(2,398

)

 

 

(2,855

)

Net carrying amount

 

$

285,072

 

 

$

284,615

 

Schedule of convertiable note interest expense

The following table sets forth total interest expense recognized related to the 2019 Notes:

 

 

Three Months Ended
March 31,

 

 

 

2023

 

 

2022

 

 

 

(Amounts in thousands)

 

Contractual interest expense

 

$

270

 

 

$

270

 

Amortization of debt issuance costs

 

 

457

 

 

 

452

 

Total

 

$

727

 

 

$

722

 

Effective interest rate of the liability component

 

 

1

%

 

 

1

%