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Long-Term Debt
6 Months Ended
Jun. 30, 2012
Long-Term Debt

k. Long-Term Debt. During the six months ended June 30, 2012, the company retired a total of $68.5 million of its long-term debt which is comprised of all of the remaining $25.5 million of its 14 1/4% senior secured notes due 2015, $40.0 million of its 12.5% senior notes due 2016 and $3.0 million of its 12.75% senior secured notes due 2014. As a result of these retirements, the company recognized a charge of $7.5 million in “Other income (expense), net” in the six months ended June 30, 2012, which is comprised of $6.5 million of premium and expenses paid and $1.0 million for the write off of unamortized discounts, issuance costs and gain related to the portion of the notes retired. During the six months ended June 30, 2011, the company recognized a charge of $77.5 million in “Other income (expense), net” related to debt retirements.