XML 51 R36.htm IDEA: XBRL DOCUMENT v3.22.2.2
Convertible Senior Notes and Capped Call Transactions (Tables)
9 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Carrying Amount of Liability Component of Convertible Debt
The net carrying amount of the liability component of the Notes as of September 30, 2022 (post-ASU 2020-06 adoption) and as of December 31, 2021 (pre-ASU 2020-06 adoption) was as follows:
September 30,
2022
December 31,
2021
(In thousands)
Principal$747,500 $747,500 
Unamortized discount— (162,960)
Unamortized issuance costs(11,025)(10,302)
Net carrying amount$736,475 $574,238 
Schedule of Carrying Amount of Equity Component of Convertible Debt
The net carrying amount of the equity component of the Notes as of September 30, 2022 (post-ASU 2020-06 adoption) and as of December 31, 2021 (pre-ASU 2020-06 adoption) was as follows:
September 30,
2022
December 31,
2021
(In thousands)
Proceeds allocated to the conversion options (debt discount)$— $215,434 
Issuance costs— (5,783)
Net carrying amount$ $209,651 
Schedule of Interest Expense Incurred
The following table sets forth the interest expense recognized related to the Notes:
Three Months EndedNine Months Ended
September 30,September 30,
2022202120222021
(In thousands)
Contractual interest expense$431 $431 $1,294 $1,294 
Amortization of issuance costs946 630 2,831 1,858 
Amortization of debt discount— 8,396 — 24,770 
Total interest expense$1,377 $9,457 $4,125 $27,922