XML 77 R61.htm IDEA: XBRL DOCUMENT v3.22.0.1
Convertible Senior Notes - Additional Information (Details)
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Mar. 31, 2021
USD ($)
$ / shares
shares
Dec. 31, 2019
USD ($)
$ / shares
shares
Nov. 30, 2017
USD ($)
$ / shares
shares
Dec. 31, 2021
USD ($)
d
$ / shares
Sep. 30, 2021
d
Mar. 31, 2021
USD ($)
$ / shares
Jun. 30, 2018
d
Dec. 31, 2021
USD ($)
d
$ / shares
shares
Dec. 31, 2020
USD ($)
shares
Dec. 31, 2019
USD ($)
$ / shares
0% Convertible Senior Notes Due 2026                    
Debt Instrument [Line Items]                    
Aggregate principal amount $ 375,000,000.0     $ 375,000,000   $ 375,000,000.0   $ 375,000,000    
Debt instrument, interest rate 0.00%         0.00%        
Debt instrument, maturity date Mar. 15, 2026                  
Debt instrument, interest rate terms               The Company will pay special interest, if any, at the Company’s election as the sole remedy relating to the failure to comply with certain reporting obligations and under certain circumstances.    
Debt Conversion, initial conversion rate | shares 5.5341                  
Principal amount per note used in conversion rate $ 1,000         $ 1,000        
Conversion price per share | $ / shares $ 180.70         $ 180.70        
Shares issuable upon conversion of debt | shares 2,100,000                  
Number of trading days | d               20    
Number of consecutive trading days | d               30    
Percentage of last reported sale price to conversion price on each applicable trading day               130.00%    
Description of convertible notes at option of holders               On or after December 15, 2025 until the close of business on the second scheduled trading day immediately preceding the maturity date, holders may convert all or any portion of their 2026 Notes at the conversion rate at any time regardless of whether the conditions set forth above have been met.    
Redemption price, percentage               100.00%    
Implied interest rate       7.25%       7.25%    
Debt instrument, fair value $ 269,600,000         $ 269,600,000        
Difference between aggregate principal amount and estimated fair value of liability component recorded in additional paid-in capital               $ 105,400,000    
Transaction costs attributable to liability component       $ 7,600,000       7,600,000    
Transaction costs attributable to equity component       $ 3,000,000.0       $ 3,000,000.0    
Initial strike price of capped call options | $ / shares               $ 180.70    
Capped call options, cap price | $ / shares               $ 258.14    
Cost of purchased capped call options 35,100,000             $ 35,100,000    
Share Price | $ / shares       $ 67.33       $ 67.33    
Debt instrument, maturity year               2026    
Debt issuance cost       $ 97,261,000       $ 97,261,000    
0% Convertible Senior Notes Due 2026 | Scenario One                    
Debt Instrument [Line Items]                    
Number of trading days | d               20    
Number of consecutive trading days | d               30    
Percentage of last reported sale price to conversion price on each applicable trading day               130.00%    
0% Convertible Senior Notes Due 2026 | Scenario Two                    
Debt Instrument [Line Items]                    
Number of consecutive trading days | d               10    
Percentage of last reported sale price to conversion price on each applicable trading day               98.00%    
Notes measurement period               5 days    
0% Convertible Senior Notes Due 2026 | Option to Purchase                    
Debt Instrument [Line Items]                    
Aggregate principal amount 50,000,000.0         50,000,000.0        
0.125% Convertible Senior Notes Due 2024                    
Debt Instrument [Line Items]                    
Aggregate principal amount   $ 450,000,000.0   $ 450,000,000       $ 450,000,000 $ 450,000,000 $ 450,000,000.0
Debt instrument, interest rate   0.125%   0.125%       0.125% 0.125% 0.125%
Debt instrument, maturity date   Dec. 15, 2024           Dec. 15, 2024 Dec. 15, 2024  
Debt instrument, interest rate terms               Interest is payable semiannually in arrears on June 15 and December 15 of each year, commencing on June 15, 2020.    
Debt Conversion, initial conversion rate | shares   8.8999                
Principal amount per note used in conversion rate   $ 1,000               $ 1,000
Conversion price per share | $ / shares   $ 112.36               $ 112.36
Shares issuable upon conversion of debt | shares   4,000,000.0                
Number of trading days | d       20 20     20    
Number of consecutive trading days | d       30 30     30    
Percentage of last reported sale price to conversion price on each applicable trading day               130.00%    
Description of convertible notes at option of holders               On or after June 15, 2024 until the close of business on the second scheduled trading day immediately preceding the maturity date, holders may convert all or any portion of their 2024 Notes at the conversion rate at any time regardless of whether the conditions set forth above have been met.    
Redemption price, percentage               100.00%    
Implied interest rate       5.16%       5.16%    
Debt instrument, fair value   $ 360,400,000               $ 360,400,000
Difference between aggregate principal amount and estimated fair value of liability component recorded in additional paid-in capital               $ 89,600,000    
Transaction costs attributable to liability component       $ 10,200,000       10,200,000    
Transaction costs attributable to equity component       $ 2,600,000       $ 2,600,000    
Initial strike price of capped call options | $ / shares               $ 112.36    
Capped call options, cap price | $ / shares               $ 166.46    
Cost of purchased capped call options   $ 44,900,000           $ 44,900,000    
Share Price | $ / shares       $ 67.33       $ 67.33    
Interest payment commencing date   Jun. 15, 2020                
Debt instrument, maturity year               2024    
Debt issuance cost       $ 62,044,000       $ 62,044,000 $ 80,968,000  
0.125% Convertible Senior Notes Due 2024 | Minimum                    
Debt Instrument [Line Items]                    
Percentage of last reported sale price to conversion price on each applicable trading day         130.00%          
0.125% Convertible Senior Notes Due 2024 | Maximum                    
Debt Instrument [Line Items]                    
Percentage of last reported sale price to conversion price on each applicable trading day       130.00%            
0.125% Convertible Senior Notes Due 2024 | Scenario One                    
Debt Instrument [Line Items]                    
Number of trading days | d               20    
Number of consecutive trading days | d               30    
Percentage of last reported sale price to conversion price on each applicable trading day               130.00%    
0.125% Convertible Senior Notes Due 2024 | Scenario Two                    
Debt Instrument [Line Items]                    
Number of consecutive trading days | d               10    
Percentage of last reported sale price to conversion price on each applicable trading day               98.00%    
Notes measurement period               5 days    
0.125% Convertible Senior Notes Due 2024 | Option to Purchase                    
Debt Instrument [Line Items]                    
Aggregate principal amount   $ 75,000,000.0               $ 75,000,000.0
1.50% Convertible Senior Notes Due 2022                    
Debt Instrument [Line Items]                    
Aggregate principal amount     $ 115,000,000.0 $ 8,000       $ 8,000 $ 79,795,000  
Debt instrument, interest rate     1.50% 1.50%       1.50% 1.50%  
Debt instrument, maturity date     Nov. 01, 2022         Nov. 01, 2022 Nov. 01, 2022  
Debt instrument, interest rate terms               Interest is payable semiannually in arrears on May 1 and November 1 of each year, commencing on May 1, 2018.    
Debt Conversion, initial conversion rate | shares     29.6626              
Principal amount per note used in conversion rate     $ 1,000              
Conversion price per share | $ / shares     $ 33.71              
Shares issuable upon conversion of debt | shares     3,400,000              
Number of trading days | d             30 20    
Number of consecutive trading days | d               30    
Percentage of last reported sale price to conversion price on each applicable trading day               130.00%    
Description of convertible notes at option of holders               On or after May 1, 2022, until the close of business on the second scheduled trading day immediately preceding the maturity date, holders may convert all or any portion of their 2022 Notes at the conversion rate at any time regardless of whether the conditions set forth above have been met.    
Redemption price, percentage               100.00%    
Implied interest rate       6.93%       6.93%    
Debt instrument, fair value     $ 92,100,000              
Difference between aggregate principal amount and estimated fair value of liability component recorded in additional paid-in capital               $ 22,900,000    
Transaction costs attributable to liability component     100,000              
Transaction costs attributable to equity component     800,000              
Initial strike price of capped call options | $ / shares               $ 33.71    
Capped call options, cap price | $ / shares               47.20    
Cost of purchased capped call options     $ 12,900,000              
Share Price | $ / shares       $ 67.33       $ 67.33    
Interest payment commencing date     May 01, 2018              
Repurchase of aggregate principal amount       $ 58,600,000       $ 58,600,000 $ 23,000,000.0  
Modification expense recognized 200,000                  
Debt issuance cost                 7,313,000  
1.50% Convertible Senior Notes Due 2022 | Maximum                    
Debt Instrument [Line Items]                    
Aggregate principal amount       8,000       $ 8,000 $ 79,800,000  
Debt Instrument, Term               12 months    
1.50% Convertible Senior Notes Due 2022 | Scenario One                    
Debt Instrument [Line Items]                    
Number of trading days | d               20    
Number of consecutive trading days | d               30    
Percentage of last reported sale price to conversion price on each applicable trading day               130.00%    
1.50% Convertible Senior Notes Due 2022 | Scenario Two                    
Debt Instrument [Line Items]                    
Number of consecutive trading days | d               5    
Percentage of last reported sale price to conversion price on each applicable trading day               98.00%    
Notes measurement period               5 days    
1.50% Convertible Senior Notes Due 2022 | Option to Purchase                    
Debt Instrument [Line Items]                    
Aggregate principal amount     $ 15,000,000.0              
1.50% Convertible Senior Notes Due 2022 Repurchase                    
Debt Instrument [Line Items]                    
Debt Conversion, initial conversion rate | shares               627,212 362,029  
Principal amount per note used in conversion rate       21,100,000       $ 21,100,000 $ 12,200,000  
Implied interest rate   4.64%               4.64%
Repayments of debt               58,600,000   $ 57,800,000
Repurchase of aggregate principal amount   $ 23,000,000.0   $ 58,600,000       58,600,000   23,000,000.0
Loss on extinguishment of convertible notes           $ 2,200,000   500,000 400,000 1,400,000
Remaining consideration allocated to reacquisition of equity component               2,700,000   36,700,000
Partially terminated capped call options $ 10,600,000                 $ 5,800,000
Additional paid-in capital related to shares issued               $ 19,800,000 $ 11,400,000  
Issuance of common stock | shares               1,288,994    
Implied interest rate 4.87%                  
Modification expense recognized $ 200,000                  
1.50% Convertible Senior Notes Due 2022 Repurchase | Minimum                    
Debt Instrument [Line Items]                    
Implied interest rate       4.87%       4.87% 4.64%  
1.50% Convertible Senior Notes Due 2022 Repurchase | Maximum                    
Debt Instrument [Line Items]                    
Implied interest rate       5.13%       5.13% 5.13%