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LONG-TERM DEBT (Tables)
 12 Months Ended
Dec. 31, 2011
LONG-TERM DEBT  
Schedule of long-term debt

  •  

   
   Maturity Date   2011   2010  
 

Revolving Credit Facility

   April 2016   $ 220,000   $ —  
 

New Term Loan A Facility, net of unamortized debt discount of $39,480

   April 2016     2,185,520     —  
 

Term Loan A Facility

         —     975,000  
 

Senior Notes:

                  
 

6.50%

   July 2016     915,500     —  
 

6.75%, net of unamortized debt discount (2011 — $2,051; 2010 — $2,411)

   October 2017     497,949     497,589  
 

6.875%, net of unamortized debt discount (2011 — $6,204; 2010 — $7,502)

   December 2018     938,376     992,498  
 

7.00%, net of unamortized debt discount (2011 — $3,772; 2010 — $4,265)

   October 2020     686,228     695,735  
 

6.75%

   August 2021     650,000     —  
 

7.25%, net of unamortized debt discount of $9,573

   July 2022     540,427     —  
 

Convertible Notes:

                  
 

4.0%, net of unamortized debt discount (2010 — $4,118)

   November 2013     —     220,792  
 

5.375%, net of unamortized debt discount

                  
   

(2011 — $1,697; 2010 — $26,970)

   August 2014     17,011     196,763  
 

Cambridge obligation, net of unamortized debt discount

                  
   

(2010 — $600)

         —     16,900  
                 
 

 

         6,651,011     3,595,277  
 

Less current portion

         (111,250 )   (116,900 )
                 
 

 

       $ 6,539,761   $ 3,478,377  
                 
Schedule of aggregate maturities of long-term debt

  •  

 

2012

   $ 111,250  
 

2013

     222,500  
 

2014

     463,708  
 

2015

     445,000  
 

2016

     2,136,750  
 

Thereafter

     3,334,580  
         
 

Total gross maturities

     6,713,788  
 

Unamortized discounts

     (62,777 )
         
 

Total long-term debt

   $ 6,651,011  
         
4.00% Convertible Notes due in November, 2013
  
Long-term debt  
Schedule of recognition of interest expenses on liability component of convertible notes

  •  

   
   2011   2010  
 

Cash interest per contractual coupon rate

   $ 3,268   $ 2,324  
 

Non-cash amortization of debt discount

     589     304  
             
 

 

   $ 3,857   $ 2,628  
             
5.375% Convertible Notes due in August, 2014
  
Long-term debt  
Schedule of recognition of interest expenses on liability component of convertible notes

  • Interest expense was recognized based on the effective rate of interest of 9.5% on the liability component of the 5.375% Convertible Notes as follows:

   
   2011   2010   2009  
 

Cash interest per contractual coupon rate

   $ 6,265   $ 18,335   $ 10,504  
 

Non-cash amortization of debt discount

     3,433     9,265     4,954  
                 
 

 

   $ 9,698   $ 27,600   $ 15,458