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Non-operating income, net
12 Months Ended
Dec. 31, 2014
Non-operating (loss) income, net [Abstract]  
Non-operating Income, Net
Non-operating Income, Net
The following table presents the components of Non-operating income, net:
 
Year Ended December 31,
 
2014
 
2013
 
2012
 
(In thousands)
Realized net (loss) gain on investments
$
(5
)
 
$
18,861

 
$
102

Unrealized gain (loss) on contingent interest derivative on Subordinated Convertible Debentures
2,249

 
(17,801
)
 
422

Interest and dividend income
922

 
1,897

 
2,957

Income from transition services agreements

 

 
2,541

Other, net
1,712

 
343

 
(458
)
Total non-operating income, net
$
4,878

 
$
3,300

 
$
5,564


The realized net gain on investments in 2013 included gains of $15.8 million from the sale of certain cost method investments, and $3.0 million from the sale of the Company’s investment in the equity securities of a public company. The unrealized gains and losses on the contingent interest derivative on the Subordinated Convertible Debentures reflects the change in value of the derivative that results primarily from the changes in the Company’s stock price. Interest and dividend income is earned principally from the Company’s surplus cash balances and marketable securities. Income from transition services agreements includes fees generated from services provided to the purchasers of divested businesses for a certain period of time to facilitate the transfer of business operations. All transition services were completed in 2012.