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Convertible Notes (Tables)
12 Months Ended
Dec. 31, 2017
Convertible Notes  
Schedule of components of convertible notes

The components of the convertible notes were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Carrying Amount

 

 

 

Interest Rates

 

 

 

December 31,

 

Debt

 

December 31, 2017

  

Maturities

  

2017

  

2016

 

0.375% Convertible Senior Notes due 2018

 

0.375

%  

2018

 

$

7,393

 

$

340,916

 

1.25% Convertible Senior Notes due 2020

 

1.25

%  

2020

 

 

16,608

 

 

310,565

 

 

 

 

 

 

 

 

24,001

 

 

651,481

 

Less current portion

 

 

 

 

 

 

7,393

 

 

 —

 

 

 

 

 

 

 

$

16,608

 

$

651,481

 

 

Schedule of annual maturities of convertible notes

Annual maturities of all convertible notes are as follows (in millions):

 

 

 

 

 

2018

 

$

7.7

 

2019

 

 

 —

 

2020

 

 

19.1

 

2021

 

 

 —

 

Thereafter

 

 

 —

 

 

 

$

26.8

 

 

Schedule of carrying amount and fair value of convertible notes

The carrying amount and fair value of our convertible notes were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

2017

 

2016

 

 

 

Carrying

  

 

 

  

Carrying

  

 

 

 

 

 

Amount

 

Fair Value

 

Amount

 

Fair Value

 

0.375% Convertible Senior Notes due 2018

 

$

7,393

 

$

14,129

 

$

340,916

 

$

749,988

 

1.25% Convertible Senior Notes due 2020

 

 

16,608

 

 

35,431

 

 

310,565

 

 

761,300

 

 

 

$

24,001

 

$

49,560

 

$

651,481

 

$

1,511,288