Quarterly report pursuant to Section 13 or 15(d)

Debt Instruments (Tables)

v3.7.0.1
Debt Instruments (Tables)
 6 Months Ended
Jun. 30, 2017
Debt Disclosure [Abstract]  
Schedule of long-term debt Long-term debt, net consisted of the following:

 
As of December 31,
 
As of June 30,
 
2016
 
2017
 
(in thousands)
1.75% convertible senior notes due 2020
$
345,000

 
$
345,000

Credit facility
90,000

 
90,000

Unamortized discount and deferred issuance costs
(92,753
)
 
(82,843
)
Long-term debt, net
$
342,247

 
$
352,157

Summary of the effective interest rate, contractually stated interest expense and costs related to amortization of discount for the Notes The following table outlines the effective interest rate, contractually stated interest expense and costs related to the amortization of the discount for the Notes:

 
Three months ended 
 June 30,
 
Six months ended 
 June 30,
 
2016
 
2017
 
2016
 
2017
 
(in thousands except for effective interest rate)
Effective interest rate
10.18
%
 
10.18
%
 
10.18
%
 
10.18
%
Contractually stated interest expense
$
1,509

 
$
1,493

 
$
3,019

 
$
3,002

Amortization of discount
$
4,503

 
$
4,912

 
$
8,938

 
$
9,799