Interest Expense

6 Months Ended

Jun. 30, 2011

Interest Expense

Interest Expense

Note 9. Interest Expense

The following table presents the components of interest expense:

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
	(In thousands)
Contractual interest	$	10,156		$	10,156		$	20,313		$	20,313
Amortization of debt discount on the Convertible Debentures		1,819			1,676			3,602			3,318
Contingent interest to holders of Convertible Debentures		100,020			—			100,020			—
Interest capitalized to Property and equipment, net		(166	)		(280	)		(310	)		(467	)
Other interest expense		27			414			51			800
Total interest expense	$	111,856		$	11,966		$	123,676		$	23,964

Interest expense in the three and six months ended June 30, 2011 includes $100.0 million of interest paid to holders of the Convertible Debentures as a result of the May 2011 Dividend. The Indenture governing the Convertible Debentures requires the payment of contingent interest to the holders of the Convertible Debentures if the Board declares a dividend to its stockholders that is designated by the Board as an extraordinary dividend. The contingent interest is calculated as the amount derived by multiplying the per share declared dividend with the if-converted number of shares applicable to the Convertible Debentures.