Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.8.0.1
Debt (Tables)
9 Months Ended
Sep. 30, 2017
Debt Disclosure [Abstract]  
Schedule of maturities of long-term debt
At September 30, 2017, future maturities of principal under the Term Loan were as follows for the years ending December 31, in thousands:
2017
$
767

2018
5,366

2019
6,133

2020
10,732

2021
12,266

Thereafter
85,859

 
$
121,123

Convertible Debt
The following table sets forth total interest expense related to the Convertible Notes for the three and nine months ended September 30, 2017:
 
Three Months Ended September 30, 2017
 
Nine Months Ended September 30, 2017
 
(in thousands)
Contractual interest expense
$
1,265

 
$
1,826

Amortization of debt discount
2,451

 
3,503

Amortization of debt issuance costs
313

 
447

 
$
4,029

 
$
5,776

 
 
 
 
Effective interest rate of the liability component
 
 
5.87
%
The net carrying amount of the Convertible Notes at September 30, 2017, was as follows, in thousands:
Liability component:
 
Principal amount
$
345,000

Unamortized discount
(59,046
)
Unamortized debt issuance costs
(7,562
)
 
$
278,392

 
 
Equity component, net of issuance costs and deferred tax:
$
61,390