Annual report pursuant to Section 13 and 15(d)

Debt (Tables)

Debt (Tables)

12 Months Ended

Dec. 31, 2022

The following table summarizes long-term debt, net, at December 31, 2022 and 2021 (in thousands):


	2022		2021
0.25% Convertible Senior Notes due 2028
Principal	$	345,000	$	345,000
Unamortized debt discount	(7,505)		(8,963)
Unamortized debt issuance costs	(174)		(208)
Total 0.25% Convertible Senior Notes due 2028	337,321		335,829

1.25% Convertible Senior Notes due 2025
Principal	201,250		201,250
Unamortized debt discount	(2,891)		(4,090)
Unamortized debt issuance costs	(358)		(506)
Total 1.25% Convertible Senior Notes due 2025, net	198,001		196,654

Equipment financing obligations	70		1,206

Total debt	535,392		533,689
Less: Current portion of equipment financing obligations	(70)		(1,135)
Total long-term debt, net	$	535,322	$	532,554

Schedule of Maturities of Long-term Debt

Maturities of long-term debt at December 31, 2022 are summarized as follows (in thousands):


	0.25% Convertible Senior Notes		1.25% Convertible Senior Notes		Equipment Financing Obligations		Total Long-Term Debt
2023	$	—	$	—	$	70	$	70
2024	—		—		—		—
2025	—		201,250		—		201,250
2026	—		—		—		—
2027	—		—		—		—
Thereafter	345,000		—		—		345,000
Total Debt	345,000		201,250		70		546,320
Less: Current portion of long-term debt	—		—		(70)		(70)
Less: Unamortized debt discount	(7,505)		(2,891)		—		(10,396)
Less: Unamortized debt issuance costs	(174)		(358)		—		(532)
Long-term debt, net	$	337,321	$	198,001	$	—	$	535,322

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details