Debt (Tables)

12 Months Ended

Dec. 31, 2012

Debt [Abstract]

Long-term debt

As of December 31, 2012 and 2011, our long-term debt was as follows (in thousands):

	2012			2011
2012 Credit Agreement:
Term loan, due November 2017 (or December 2016 if certain conditions exist – see below), interest at adjusted LIBOR plus 2.00% (combined rate of 2.31% at December 31, 2012)	$	150,000		$	—
$100 million revolving loan facility, due November 2017 (or December 2016 if certain conditions exist – see below), interest at adjusted LIBOR plus applicable margin		—			—
2010 Credit Agreement:
Term loan, due December 2015, interest at adjusted LIBOR plus 3.75% (combined rate of 4.30% at December 31, 2011)		—			190,000
$100 million revolving loan facility, due December 2015, interest at adjusted LIBOR plus applicable margin		—			—
Convertible Debt Securities:
2010 Convertible Notes – senior subordinated convertible notes; due March 1, 2017; cash interest at 3.0%; net of unamortized OID of $25,302 and $30,256, respectively		124,698			119,744
		274,698			309,744
Current portion of long-term debt		(15,000	)		(27,000	)
Total long-term debt, net	$	259,698		$	282,744

Estimated Maturities on Long-Term Debt

The estimated maturities of our long-term debt, based upon: (1) the mandatory repayment schedule for the Term Loan; and (2) the expected remaining life of the Convertible Debt Securities, is as follows (in thousands):

	2013		2014		2015		2016		2017		Thereafter
2012 Term Loan	$	15,000	$	15,000	$	22,500	$	22,500	$	75,000	$	—
2010 Convertible Notes		—		—		—		—		150,000		—
Total long-term debt repayments	$	15,000	$	15,000	$	22,500	$	22,500	$	225,000	$	—