v3.22.2.2
Debt - (Tables)
9 Months Ended
Sep. 30, 2022
Debt Instrument, Redemption [Line Items]  
Summary of liability for sale of future royalties

    

Nine Months Ended September 30, 

Liability for sale of future royalties- (current and noncurrent)

2022

Beginning balance as of December 31, 2021

$

733,985

Less: Non-cash royalty revenue payable to RPI

(31,617)

Plus: Non-cash interest expense recognized

55,778

Ending balance

$

758,146

Effective interest rate as of September 30, 2022

 

9.4

%

1.50% Convertible senior notes due 2026  
Debt Instrument, Redemption [Line Items]  
Summary of convertible notes

    

Liability component

September 30, 2022

December 31, 2021

Principal

$

287,500

$

287,500

Less: Debt issuance costs

 

(4,751)

 

(5,606)

Net carrying amount

$

282,749

$

281,894

Summary of interest expense recognized related to the Convertible Notes

    

 

Three Months Ended September 30, 

Nine Months Ended September 30, 

2022

2021

    

2022

2021

Contractual interest expense

$

1,081

$

1,081

$

3,217

$

3,217

Amortization of debt issuance costs

 

289

283

856

839

Total

$

1,370

$

1,364

$

4,073

$

4,056

Effective interest rate of the liability component

 

1.9

%

1.9

%

1.9

%

1.9

%

3.00% Convertible senior notes due 2022  
Debt Instrument, Redemption [Line Items]  
Summary of convertible notes

Liability component

    

September 30, 2022

    

December 31, 2021

Principal

$

150,000

$

150,000

Less: Debt issuance costs

 

 

(460)

Repayment of Convertible Notes

 

(150,000)

 

Net carrying amount

$

$

149,540

Summary of interest expense recognized related to the Convertible Notes

 

 

Three Months Ended September 30, 

 

Nine Months Ended September 30, 

 

    

2022

    

2021

    

2022

    

2021

 

Contractual interest expense

$

559

$

1,134

$

2,800

$

3,375

Amortization of debt issuance costs

 

92

 

182

 

460

 

538

Total

$

651

$

1,316

$

3,260

$

3,913

Effective interest rate of the liability component

 

3.5

%  

 

3.5

%

 

3.5

%  

 

3.5

%