LONG-TERM DEBT AND COMMITTMENTS (Tables)

6 Months Ended

Jun. 30, 2017

LONG-TERM DEBT AND COMMITMENTS

Schedule of debt

The following table summarizes information on the debt (in thousands):

	June 30,
	2017
Convertible Senior Notes due 2020	$	250,000
Senior Secured Notes due 2018		25,756
		275,756
Less: Debt issuance costs		(1,638)
Less: Discount on convertible senior notes		(29,334)
		244,784
Less: Current portion		(24,601)
Long-term debt, net of current portion	$	220,183
Future estimated payments on the Senior Secured Notes as of June 30, 2017 are as follows:
2017 (remaining 6 months)	$	15,625
2018		32,580
Total		48,205
Less: Interest portion		(22,449)
Senior Secured Notes	$	25,756