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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2013
Fair Value Measurements  
Schedule of fair value of assets and liabilities measured on a recurring basis

 

 

 

Fair Value at March 31, 2013

 

Fair Value at December 31, 2012

 

(in thousands)

 

Level 1

 

Level 2

 

Level 3

 

Total

 

Level 1

 

Level 2

 

Level 3

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent Consideration

 

$

 

$

 

$

2,035

 

$

2,035

 

$

 

$

 

$

2,033

 

$

2,033

 

Schedule of reconciliation of the beginning and ending balance for the Level 3 measurement

 

Balance at December 31, 2012

 

$

2,033

 

Interest

 

32

 

Payments

 

(30

)

Balance at March 31, 2013

 

$

2,035

 

Schedule of fair value of debt instruments

 

 

 

March 31, 2013

 

December 31, 2012

 

 

 

Carrying

 

Fair

 

Carrying

 

Fair

 

(in millions)

 

Value

 

Value

 

Value

 

Value

 

 

 

 

 

 

 

 

 

 

 

2012 notes - 7.625%

 

$

425.0

 

$

457.4

 

$

425.0

 

$

448.4

 

Add-on notes - 7.625% (1)

 

233.8

 

236.5

 

 

 

Floating rate notes

 

 

 

230.0

 

229.1

 

 

 

(1)  The carrying value of the Add-on notes - 7.625% includes unamortized bond premium of $13.8 million.