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Convertible Notes, Other Debts And Finance Lease (Tables)
 3 Months Ended
Mar. 27, 2020
Debt Instrument [Line Items]  
Convertible Debt Interest
The following table presents interest expense recognized for the 2020 Notes and the 2024 Notes (in thousands):
 
Three months ended
 
March 27, 2020
 
March 29, 2019
Contractual interest expense
$
1,035

 
$
1,283

Amortization of debt discount
1,623

 
1,433

Amortization of debt issuance costs
212

 
172

  Total interest expense recognized
$
2,870

 
$
2,888
Schedule of Other Debt and Capital Leases
The Company has a variety of debt and credit facilities in France to satisfy the financing requirements of the operations of its French subsidiary. These arrangements are summarized in the table below (in thousands):
 
March 27, 2020
 
December 31, 2019
Financing from French government agencies related to various government incentive programs (1)
$
16,160

 
$
16,566

Term loans
174

 
587

Obligations under finance leases
57

 
71

  Total debt obligations
16,391

 
17,224

  Less: current portion
(6,343
)
 
(6,713
)
  Long-term portion
$
10,048

 
$
10,511

(1) As of March 27, 2020 and December 31, 2019, loans backed by French R&D tax credit receivables were $14.7 million and $15.1 million, respectively. As of March 27, 2020, the French Subsidiary had an aggregate of $23.5 million of R&D tax credit receivables from the French government from 2020 through 2023. See Note 8, “Balance Sheet Components” for additional information. These tax loans have a fixed rate of 0.6%, plus EURIBOR 1 month + 1.3% and mature between 2020 through 2022. The remaining loans of $1.5 million at March 27, 2020, primarily relate to financial support from French government agencies for R&D innovation projects at minimal interest rates, and these loans mature between 2020 through 2025.
Schedule of Maturities of Long-term Debt
The table below presents the future minimum repayments of debts and finance lease obligations in France as of March 27, 2020 (in thousands):

Years ending December 31,
Finance lease obligations
 
Other Debt obligations
2020 (remaining nine months)
$
35

 
$
6,212

2021
22

 
5,007

2022
—

 
4,750

2023
—

 
147

Thereafter
—

 
218

Total
$
57

 
$
16,334
Convertible Note due 2024  
Debt Instrument [Line Items]  
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
The following table presents the components of the 2024 Notes as of March 27, 2020 and December 31, 2019 (in thousands, except for years and percentages):

 
March 27, 2020
 
December 31, 2019
Liability:
 
 
 
  Principal amount
$
115,500

 
$
115,500

  Less: Debt discount, net of amortization
(22,594
)
 
(23,652
)
  Less: Debt issuance costs, net of amortization
(3,074
)
 
(3,219
)
  Carrying amount
$
89,832

 
$
88,629

  Remaining amortization period (years)
4.4

 
4.7

  Effective interest rate on liability component
7.95
%
 
7.95
%
Convertible Note due 2020  
Debt Instrument [Line Items]  
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
The following table presents the components of the 2020 Notes as of March 27, 2020 and December 31, 2019 (in thousands, except for years and percentages):
 
March 27, 2020
 
December 31, 2019
Liability:
 
 
 
  Principal amount
$
45,785

 
$
45,785

  Less: Debt discount, net of amortization
(1,586
)
 
(2,151
)
  Less: Debt issuance costs, net of amortization
(191
)
 
(259
)
  Carrying amount
$
44,008

 
$
43,375

  Remaining amortization period (years)
0.7

 
0.9

  Effective interest rate on liability component
9.94
%
 
9.94
%