Annual report pursuant to Section 13 and 15(d)

Debt (Tables)

v3.10.0.1
Debt (Tables)
12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Schedule of Principal Amounts, Unamortized Discount and Net Carrying Amounts The following table sets forth information related to the 2033 Senior Notes which is included in our Consolidated Balance Sheet as of December 31, 2018:
(In thousands)
2033 Senior Notes
 
Discount
 
Debt Issuance Cost
 
Total
Balance at December 31, 2017
$
31,850


$
(2,565
)

$
(125
)
 
$
29,160

Amortization of debt discount and debt issuance costs


2,277


125

 
2,402

Balance at December 31, 2018
$
31,850


$
(288
)

$

 
$
31,562

The following table sets forth information related to the 2033 Senior Notes which is included in our Consolidated Balance Sheet as of December 31, 2017:
(In thousands)
Embedded conversion option
 
2033 Senior Notes
 
Discount
 
Debt Issuance Cost
 
Total
Balance at December 31, 2016
$
16,736

 
$
31,850

 
$
(4,612
)
 
$
(273
)
 
$
43,701

Amortization of debt discount and debt issuance costs

 

 
2,047

 
148

 
2,195

Change in fair value of embedded derivative
(3,185
)
 

 

 

 
(3,185
)
Reclassification of embedded derivatives to equity
(13,551
)
 

 

 

 
(13,551
)
Balance at December 31, 2017
$

 
$
31,850

 
$
(2,565
)
 
$
(125
)
 
$
29,160

tively.
At December 31, 2018 and 2017, we had notes payable and other debt (excluding the 2033 Senior Notes, the 2023 Convertible Notes, the Credit Agreement and amounts outstanding under lines of credit) as follows:
(In thousands)
December 31,
2018
 
December 31,
2017
Current portion of notes payable
$
2,560

 
$
1,632

Other long-term liabilities
5,693

 
2,011

Total
$
8,253

 
$
3,643

Summary of Lines of Credit The following table summarizes the amounts outstanding under the BioReference, Chilean and Spanish lines of credit:
(Dollars in thousands)
 
 
 
 
 
 Balance Outstanding
Lender
 
Interest rate on
borrowings at December 31, 2018
 
Credit line
capacity
 
December 31,
2018
 
December 31,
2017
JP Morgan Chase
 
4.02%
 
$
175,000

 
$
105,198

 
$
104,152

Itau Bank
 
5.50%
 
1,810

 
232

 
446

Bank of Chile
 
6.60%
 
3,800

 
432

 
1,598

BICE Bank
 
5.50%
 
2,500

 
818

 
1,819

BBVA Bank
 
5.50%
 
3,250

 
858

 
1,665

Security Bank
 
5.50%
 

 

 
501

Estado Bank
 
5.50%
 
3,500

 
308

 
2,111

Santander Bank
 
5.50%
 
4,500

 
852

 
1,988

Scotiabank
 
5.00%
 
1,800

 
2

 
384

Banco De Sabadell
 
1.45%
 
343

 

 

Banco Bilbao Vizcaya
 
2.45%
 
343

 

 

Santander Bank
 
2.30%
 
343

 
10

 

Total
 
 
 
$
197,189

 
$
108,710

 
$
114,664