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INDEBTEDNESS (Tables)
12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Summary of Debt Facilities

The following table summarizes the Company’s debt facilities for the periods indicated:

 

 

As of

December 31,

2018

 

 

As of

December 31,

2017

 

 

(in thousand)

 

 

(in thousand)

 

Par value of the 2024 Notes

$

570,000

 

 

$

570,000

 

Unamortized discount - equity component

 

(140,206

)

 

 

(158,890

)

Unamortized discount - debt issuance costs

 

(9,240

)

 

 

(10,449

)

Net carrying value of convertible debt

 

420,554

 

 

 

400,661

 

Net carrying value of other debt facilities

 

 

 

 

30,390

 

Net carrying value of total debt facilities

 

420,554

 

 

 

431,051

 

 

 

 

 

 

 

 

 

Fair value of convertible debt

$

952,681

 

 

$

619,641

 

 

Summarizes Total Gross Payments Due under Company's Debt Arrangements

The following table summarizes the total gross payments due under the Company’s debt arrangements:

 

 

As of

December 31,

2018

 

 

(in thousands)

 

2019

$

 

2020

 

 

2021

 

 

2022

 

 

2023

 

 

Thereafter

 

570,000

 

Total Payments

$

570,000