NONCASH CONVERTIBLE DEBT CONVERSION CHARGE

12 Months Ended

Dec. 31, 2011

NONCASH CONVERTIBLE DEBT CONVERSION CHARGE [Abstract]

NONCASH CONVERTIBLE DEBT CONVERSION CHARGE

NONCASH CONVERTIBLE DEBT CONVERSION CHARGE

Noncash convertible debt conversion charge consisted of the following (amounts in thousands):

	2011			2010		2009
Noncash convertible debt conversion charge	$	(16,135	)	$	—	$	—

In the first quarter of 2011, the Company closed an Exchange Agreement with a note holder of its 5.625% convertible senior subordinated notes (convertible notes), pursuant to which such holder converted approximately $59.6 million in aggregate principal amount of the Convertible Notes into approximately 6.6 million shares of the Company's common stock, plus a payment for the accrued and unpaid interest. In connection with the exchange, the Company recognized a noncash charge of $16.1 million in accordance with ASC 470-20 Debt - Debt with Conversion and Other Options.