Subsequent Event

12 Months Ended

Dec. 31, 2011

Subsequent Event [Abstract]

Subsequent Event

Note 18—Subsequent Event

On January 5, 2012, the Company repurchased all $36.0 million of its outstanding 5.25% convertible senior secured notes due February 15, 2028 (2010 Notes) for cash equal to 104.95% of the original principal amount of the notes plus accrued and unpaid interest. As a result of this transaction, the Company recognized a loss on extinguishment of debt of $5.4 million, consisting of the cash premium of $1.8 million and the write off of unaccreted debt discount and unamortized deferred financing costs.

Upon repurchase of the 2010 Notes, the notes were cancelled and the second priority liens on substantially all of the Company's assets were released.