v3.24.1.u1
Convertible Senior Notes (Tables)
3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Convertible Debt
The following table presents details of our convertible senior notes, which are further discussed below (original principal in thousands):
Month Issued
Maturity Date
Free Convertibility Date
Redemption Date
Original Principal (including overallotment)
Initial Conversion Rate per $1,000 Principal
Initial Conversion Price
2026 Notes
August 2019August 15, 2026May 15, 2026August 21, 2023$345,000 12.4756$80.16 
2028 Notes
August 2023August 15, 2028May 15, 2028August 21, 2026$702,000 7.4690$133.89 
The net carrying amount of the Notes was as follows (in thousands):
March 31, 2024December 31, 2023
2026 Notes
2028 Notes
2026 Notes
2028 Notes
Principal$71,242 $702,000 $71,242 $702,000 
Unamortized issuance costs(643)(9,536)(711)(10,076)
Net carrying amount$70,599 $692,464 $70,531 $691,924 
Interest expense related to the Notes was as follows (in thousands):
Three months ended March 31,
20242023
Contractual interest expense$2,394 $970 
Amortization of issuance costs608 325 
Total interest expense$3,002 $1,295