Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.21.1
Debt (Tables)
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Schedule of Debt
As of March 31, 2021 and December 31, 2020, our debt consists of the following:
(In thousands) March 31,
2021
December 31,
2020
2025 Notes $ 158,278  $ 156,163 
2023 Convertible Notes 63,453  62,776 
2033 Senior Notes 3,050  3,050 
JP Morgan Chase —  7,057 
Chilean and Spanish lines of credit 16,093  15,897 
Current portion of notes payable 1,724  1,749 
Long term portion of notes payable 3,919  4,513 
Total $ 246,517  $ 251,205 
Balance sheet captions
Convertible Notes $ 224,782  $ 221,989 
Current portion of lines of credit and notes payable 17,816  24,703 
LT notes payable included in long-term liabilities 3,919  4,513 
Total $ 246,517  $ 251,205 
Schedule of Principal Amounts, Unamortized Discount and Net Carrying Amounts
The following table sets forth information related to the 2025 Notes which is included in our Condensed Consolidated Balance Sheet as of March 31, 2021:
(In thousands) 2025 Senior Notes Discount Debt Issuance Cost Total
Balance at December 31, 2020 $ 200,000  $ (39,537) $ (4,300) $ 156,163 
Amortization of debt discount and debt issuance costs —  1,907  208  2,115 
Balance at March 31, 2021 $ 200,000  $ (37,630) $ (4,092) $ 158,278 
At March 31, 2021 and December 31, 2020, we had notes payable and other debt (excluding the 2033 Senior Notes, the 2023 Convertible Notes, the 2025 Notes, the Credit Agreement and amounts outstanding under lines of credit described above) as follows:
(In thousands) March 31,
2021
December 31,
2020
Current portion of notes payable $ 1,724  $ 1,749 
Other long-term liabilities 3,919  4,513 
Total $ 5,643  $ 6,262 
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
March 31, 2021
Credit line
capacity
March 31,
2021
December 31,
2020
JPMorgan Chase 3.75% $ 75,000  $ —  $ 7,057 
Itau Bank 5.50% 2,540  2,540  2,353 
Bank of Chile 6.60% 2,275  1,732  1,494 
BICE Bank 5.50% 2,500  310  1,166 
BBVA Bank 5.50% 4,500  —  — 
Security Bank 5.50% 4,500  561  262 
Estado Bank 5.50% 2,425  2,425  2,127 
Santander Bank 5.50% 4,700  2,951  3,025 
Scotiabank 5.00% 2,500  1,891  1,829 
Corpbanca 5.00% 3,683  3,683  3,641 
Banco De Sabadell 1.75% 586  —  — 
Santander Bank 1.82% 586  —  — 
Total $ 105,795  $ 16,093  $ 22,954