XML 53 R33.htm IDEA: XBRL DOCUMENT v3.4.0.3
Convertible Senior Notes (Tables)
3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
Convertible Debt
The Convertible Notes consist of the following (in thousands):
 
 
 
March 31, 2016
December 31, 2015
Liability component
 
 
     Principal
$
1,437,500

$
1,437,500

     Less: note discount and issuance costs
(117,260
)
(126,429
)
Net carrying amount
1,320,240

1,311,071

 
 
 
Equity component *
$
162,869

$
162,869

* Recorded in the condensed consolidated balance sheet within additional paid-in capital.
Schedule of Interest Expense Recognized Related to Convertible Notes
The following table includes total interest expense recognized related to the Convertible Notes (in thousands):
 
Three Months Ended
 
March 31,
 
2016
2015
Contractual interest expense
$
1,797

$
1,797

Amortization of debt issuance costs
1,009

982

Amortization of debt discount
8,161

7,920

 
$
10,967

$
10,699