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Long-Term Obligations
9 Months Ended
Sep. 30, 2013
Debt Disclosure [Abstract]  
Long-Term Obligations
5. LONG-TERM OBLIGATIONS

Long-term obligations consist of the following at September 30, 2013 and December 31, 2012, respectively:

 

     2013     2012  

2010 senior credit facility term loan due 2016

   $ 347,725      $ 431,200   

Debt discount - 2010 senior credit facility term loan due 2016

     (1,838     (2,796

6.25% convertible notes due 2018

     114,000        120,000   

Debt discount - 6.25% convertible notes due 2018

     (9,666     (11,602

5.75% convertible notes due 2013

     —          12,980   

Debt discount - 5.75% convertible notes due 2013

     —          (114

Revolving credit facility loan

     —          —     

Capital leases and other long-term obligations

     7,426        5,732   
  

 

 

   

 

 

 
     457,647        555,400   

Less current portion

     (12,865     (21,628
  

 

 

   

 

 

 

Long-term obligations, net of current portion

   $ 444,782      $ 533,772   
  

 

 

   

 

 

 

On July 22, 2013, the Company made a $65,000 principal payment on the term loan under its 2010 Senior Credit Facility (as explained above in Note 2 Equity Method Investments). The Board of Directors has authorized the issuance of up to 10% of the Company’s common shares (no more than 4,700 shares) for the purchase of its convertible notes. On August 29, 2013, the Company delivered and issued 698 common shares in exchange for the retirement of $2,500 aggregate principal amount of 6.25% convertible notes due 2018. On September 10, 2013, the Company delivered and issued 1,203 common shares in exchange for the retirement of $3,500 aggregate principal amount of 6.25% convertible notes due 2018.

As of September 30, 2013, the aggregate maturities of long-term obligations for each of the five years and thereafter subsequent to September 30, 2013, were as follows:

 

2013 (October 1 - December 31)

   $ 2,183   

2014 (January 1 - December 31)

     14,253   

2015 (January 1 - December 31)

     15,361   

2016 (January 1 - December 31)

     318,730   

2017 (January 1 - December 31)

     437   

2018 (January 1 - December 31)

     114,288   

Thereafter

     3,899   
  

 

 

 
   $ 469,151