Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.20.2
Debt (Tables)
9 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Summary of Long Term Debt
The following table summarizes the long-term debt, net at September 30, 2020 and December 31, 2019 (in thousands):
  September 30, 2020 December 31, 2019
1.25% Senior Convertible Notes due 2025
Principal $ 201,250  $ — 
Unamortized debt discount (34,245) — 
Unamortized debt issuance costs (565) — 
Total 1.25% Senior Convertible Notes due 2025
166,440  — 
Term loan
Principal $ —  $ 97,500 
Unamortized debt issuance costs —  (671)
Total term loan —  96,829 
Financing obligations 5,099  8,631 
Total debt $ 171,539  $ 105,460 
Less: Current portion of long-term debt —  (5,000)
Less: Current portion of financing obligations (3,700) (5,432)
Total long-term debt, net $ 167,839  $ 95,028 
Summary of Maturities of Long-Term Debt
Maturities of long-term debt as of September 30, 2020 are summarized as follows (in thousands):
 
1.25% Convertible Senior Notes
Financing Obligations Total Debt
Remainder of 2020 $ —  $ 1,252  $ 1,252 
2021 —  2,880  2,880 
2022 —  916  916 
2023 —  51  51 
2024 —  —  — 
2025 167,005  —  167,005 
Total Debt 167,005  5,099  172,104 
Less:  Current portion of long-term debt —  (3,700) (3,700)
Less:  Debt issuance costs (565) —  (565)
Long-term debt, net $ 166,440  $ 1,399  $ 167,839