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Debt (Tables)
12 Months Ended
Dec. 31, 2012
Debt and Capital Lease Obligations Related to Continuing Operations

The Company’s debt and capital lease obligations related to continuing operations at December 31 consisted of (amounts in thousands):

 

     2012     2011  

$925 Million Credit Facility

   $ 545,000      $ 600,000   

3.75% Convertible Senior Notes, net of unamortized discount of $26,961 and $40,754

     333,039        319,246   

6.75% Senior Notes

     152,180        152,180   

Capital lease obligations

     1,644        2,399   
  

 

 

   

 

 

 

Total debt

     1,031,863        1,073,825   

Less amounts due within one year

     (130,358     (755
  

 

 

   

 

 

 

Total long-term debt

   $ 901,505      $ 1,073,070   
  

 

 

   

 

 

 
Annual Maturities of Long-Term Debt Excluding Capital Lease Obligations

Annual maturities of long-term debt, excluding capital lease obligations, are as follows (amounts in thousands):

 

     $925 Million
Credit Facility
     3.75% Convertible
Senior Notes
     6.75%
Senior Notes (1)
     Total  

2013

   $ —         $ —         $ —         $ —     

2014

     —           360,000         152,180         512,180   

2015

     545,000         —           —           545,000   

2016

     —           —           —           —     

2017

     —           —           —           —     

Years thereafter

     —           —           —           —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 545,000       $ 360,000       $ 152,180       $ 1,057,180   
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(1) On January 17, 2013, the Company redeemed all of its outstanding 6.75% Senior Notes at par, which was funded by using operational cash flow and borrowings under the revolving credit line of the Company’s credit facility.