Statement of Cash Flows

12 Months Ended

Dec. 31, 2014

Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]

Statement of Cash Flows

Statement of Cash Flows

Supplemental disclosure of non-cash investing and financing activities:

Included in accounts payable and accrued expenses as of December 31, 2014, 2013, and 2012 were $56.2 million, $16.1 million, and $8.6 million, respectively, of accrued capital expenditures. Accrued capital expenditures as of December 31, 2014 were primarily related to renovation of the Company's new Limerick, Ireland facility and expansion and renovations in its Rensselaer, New York manufacturing facilities.

Included in accounts payable and accrued expenses as of December 31, 2014 was $7.5 million in connection with the Company's conversion settlement obligation related to the Company's convertible senior notes (see Note 12). No such amounts were payable as of December 31, 2013 and 2012.

Included in accounts payable and accrued expenses as of December 31, 2014 was $59.8 million related to the Company's payment obligation for a reduction in the number of warrants based on a warrant holder closing out a portion of its hedge position (see Note 12). Additionally, included within other current liabilities was $87.5 million in connection with the estimated fair value of the remaining warrant liability as of December 31, 2014 (see Note 12). There were no such liabilities recorded in connection with warrants as of December 31, 2013 and 2012.

The Company recognized a facility lease obligation of $127.8 million and $25.0 million during 2014 and 2013, respectively, in connection with capitalizing, on the Company's books, the landlord's costs of constructing new facilities that the Company has leased (see Note 13a). The Company did not recognize any such facility lease obligations during 2012.

Included in property, plant, and equipment as of December 31, 2014 and 2013 were $6.2 million and $1.9 million of capitalized interest for the years ended December 31, 2014 and 2013, respectively, as the related facilities are currently under construction. For the year ended December 31, 2012, the Company did not capitalize any interest.