Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.19.2
Debt (Tables)
 6 Months Ended
Jun. 30, 2019
Debt Disclosure [Abstract]  
Schedule of convertible debt obligations
The Company’s outstanding debt obligations as of June 30, 2019 and December 31, 2018 were as follows: 
 
 
June 30,
 
December 31,
 
 
2019
 
2018
Convertible Notes due 2019
 
$
172,500

 
$
172,500

Unaccreted discount on Convertible Notes due 2019
 
(2,888
)
 
(5,890
)
Unamortized issuance costs on Convertible Notes due 2019
 
(430
)
 
(899
)
Convertible Notes due 2019 carrying value
 
$
169,182

 
$
165,711

 
 
 
 
 
Convertible Notes due 2023
 
$
345,000

 
$
345,000

Unaccreted discount on Convertible Notes due 2023
 
(38,101
)
 
(42,641
)
Unamortized issuance costs on Convertible Notes due 2023
 
(6,821
)
 
(7,634
)
Convertible Notes due 2023 carrying value
 
$
300,078

 
$
294,725

 
 
 
 
 
Revolving credit facility balance
 
$
145,000

 
$
—


Schedule of interest expense
Interest expense was comprised of the following and is included in other expense, net in the condensed consolidated statement of operations:
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2019
 
2018
 
2019
 
2018
Accretion of debt discount
 
$
3,784

 
$
2,411

 
$
7,542

 
$
3,829

Coupon interest
 
2,264

 
1,366

 
4,528

 
2,121

Amortization of issuance costs
 
862

 
621

 
1,720

 
1,071

Interest on revolving credit facility
 
1,196

 
1,429

 
1,196

 
3,994

Undrawn and other fees
 
157

 
165

 
373

 
213

 Total
 
$
8,263


$
5,992


$
15,359

 
$
11,228