DEBT (Tables)

3 Months Ended

Mar. 31, 2016

Debt Disclosure [Abstract]

Long-Term Debt

Long-term debt consists of the following (in thousands):

	March 31,		December 31,
	2016		2015
Convertible senior notes	$	95,835	$	131,000
Term loan credit agreement		190,917		191,399
Industrial revenue bond		1,021		1,149
	$	287,773	$	323,548
Less: unamortized discount and fees		(7,632)		(11,052)
Less: current portion		(2,451)		(37,611)
	$	277,690	$	274,885

Equity and Liability Components of Notes

The following table summarizes information about the equity and liability components of the Notes (dollars in thousands). The fair value of the notes outstanding were measured based on quoted market prices.

	March 31,		December 31,
	2016		2015
Principal amount of the Notes outstanding	$	95,835	$	131,000
Unamortized fees and discount of liability component		(6,513)		(9,888)
Net carrying amount of liability component		89,322		121,112
Less: current portion		-		(35,165)
Long-term debt	$	89,322	$	85,947
Carrying value of equity component, net of issuance costs	$	6,835	$	15,810
Remaining amortization period of discount on the liability component		2.1 years		2.3 years

Contractual Coupon Interest Expense and Accretion Of Discount On Liability

Contractual coupon interest expense and accretion of fees and discount on the liability component for the Notes for the three month period ended March 31, 2016 and 2015 were as follow (in thousands):

	Three Months Ended March 31,
	2016		2015
Contractual coupon interest expense	$	908	$	1,266
Accretion of fees and discount on the liability component	$	808	$	1,053