Long-Term Obligations (Tables)

3 Months Ended

Mar. 31, 2013

Long Term Obligations

The Company’s Long-term obligations at March 31, 2013 and December 31, 2012 consist of the following:

	March 31, 2013		December 31, 2012
	(In thousands)
Senior secured notes due 2019 (2019 Notes)	$	128,986	$	125,827
4.75% convertible notes due 2018 (2018 Convertible Notes)		98,058		97,087
Capital leases		218		233
		227,262		223,147
Less-current portion of capital leases		59		60
Total	$	227,203	$	223,087

Principal Balance Unamortized Discount and Net Carrying Amount

The principal balance, unamortized discount and net carrying amount of the 2019 Notes and 2018 Convertible Notes at March 31, 2013 and December 31, 2012 are as follows:

	Liability Component (In thousands)
	Principal Balance		Unamortized Discount		Net Carrying Amount
March 31, 2013
Senior secured notes due 2019	$	170,941	$	41,955	$	128,986
4.75% convertible notes due 2018		122,441		24,383		98,058
	$	293,382	$	66,338	$	227,044

	Liability Component (In thousands)
	Principal Balance		Unamortized Discount		Net Carrying Amount
December 31, 2012
Senior secured notes due 2019	$	170,941	$	45,114	$	125,827
4.75% convertible notes due 2018		122,441		25,354		97,087
	$	293,382	$	70,468	$	222,914

Total Interest Expense under Long Term Debt Obligations

Total interest expense under the Company’s long-term debt obligations for the three-month periods ended March 31, 2013 and 2012 is as follows:

Total Interest Expense	March 31, 2013		March 31, 2012
Accretion of debt discount	$	4,130	$	1,653
Amortization of debt issue costs		213		173
Non-cash interest expense		4,343		1,826
Coupon interest		2,736		2,731
Total Interest Expense	$	7,079	$	4,557