Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.19.3
Debt (Tables)
 9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Schedule of convertible debt obligations
The Company’s outstanding debt obligations as of September 30, 2019 and December 31, 2018 were as follows: 
 
 
September 30,
 
December 31,
 
 
2019
 
2018
Convertible Notes due 2019
 
$
172,500

 
$
172,500

Unaccreted discount on Convertible Notes due 2019
 
(1,338
)
 
(5,890
)
Unamortized issuance costs on Convertible Notes due 2019
 
(196
)
 
(899
)
Convertible Notes due 2019 carrying value
 
$
170,966

 
$
165,711

 
 
 
 
 
Convertible Notes due 2023
 
$
345,000

 
$
345,000

Unaccreted discount on Convertible Notes due 2023
 
(35,805
)
 
(42,641
)
Unamortized issuance costs on Convertible Notes due 2023
 
(6,410
)
 
(7,634
)
Convertible Notes due 2023 carrying value
 
$
302,785

 
$
294,725

 
 
 
 
 
Revolving credit facility balance
 
$
100,000

 
$
—


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
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2019
 
2018
 
2019
 
2018
Accretion of debt discount
 
$
3,846

 
$
3,587

 
$
11,388

 
$
7,416

Coupon interest
 
2,264

 
2,264

 
6,792

 
4,385

Amortization of issuance costs
 
1,160

 
849

 
2,880

 
1,920

Interest on revolving credit facility
 
1,529

 
—

 
2,725

 
3,994

Undrawn and other fees
 
187

 
220

 
560

 
433

 Total
 
$
8,986


$
6,920


$
24,345

 
$
18,148