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Debt (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Convertible Senior Notes
The 2027 Notes consisted of the following components as of December 31, 2022 and 2021 (in thousands):

December 31, 2022December 31, 2021
Liability component:
Principal$1,150,000 $1,150,000 
Less: debt discount and issuance costs, net of amortization(8,707)(169,030)
Net carrying amount$1,141,293 $980,970 
Equity component:$— $220,529 
The 2025 Notes consisted of the following components as of December 31, 2022 and 2021 (in thousands):

December 31, 2022December 31, 2021
Liability component:
Principal$1,150,000 $1,150,000 
Less: debt discount and issuance costs, net of amortization(6,035)(154,803)
Net carrying amount$1,143,965 $995,197 
Equity component:$— $285,225 
Schedule of Interest Expense Interest expense included in the consolidated statements of income for the years ended December 31, 2022, 2021 and 2020 was as follows (in thousands):
202220212020
Amortization of debt discount and issuance costs$4,688 $69,697 $67,153 
Coupon interest payable on 2025 Notes1,437 1,437 1,437 
Coupon interest payable on 2027 Notes4,312 4,313 4,312 
Interest payable under credit agreements952 557 548 
Capitalization of interest expense(293)(3,672)(4,330)
Total interest expense$11,096 $72,332 $69,120