v3.24.3
Convertible Senior Notes (Tables)
9 Months Ended
Sep. 30, 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):
September 30, 2024December 31, 2023
2026 Notes
2028 Notes
2026 Notes
2028 Notes
Principal$71,242 $702,000 $71,242 $702,000 
Unamortized issuance costs(508)(8,453)(711)(10,076)
Net carrying amount$70,734 $693,547 $70,531 $691,924 
Interest expense related to the Notes was as follows (in thousands):
Three months ended September 30,Nine months ended September 30,
2024202320242023
Contractual interest expense$2,394 $1,618 $7,182 $3,558 
Amortization of issuance costs609 472 1,826 1,122 
Total interest expense$3,003 $2,090 $9,008 $4,680