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Debt (Tables)
6 Months Ended
Jun. 30, 2012
Debt [Abstract]  
Summary of outstanding debt
                                 
    2011 Credit Agreement              

(Amounts in thousands)

  Senior secured
credit facility
due 2017
    Senior secured
incremental term
loan due 2017
    Second Lien
Notes

due 2018
    Total Debt  

Balance at December 31, 2011

  $ 339,232     $ 146,656     $ 325,000     $ 810,888  

Payments

    —         (750     —         (750

Accretion of discount

    65       162       —         227  
   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at June 30, 2012

  $ 339,297     $ 146,068     $ 325,000     $ 810,365  
   

 

 

   

 

 

   

 

 

   

 

 

 

Weighted average interest rate

    4.36     4.38     13.25        
   

 

 

   

 

 

   

 

 

         
Schedule of debt discount amortization
                                 
    Three Months Ended
June 30,
    Six Months Ended
June 30,
 

(Amounts in thousands)

  2012     2011     2012     2011  

Amortization of debt discount

  $ 117     $ 93     $ 227     $ 237  

Write-off of debt discount upon prepayments

    —         123       —         123  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total amortization of discount

  $ 117     $ 216     $ 227     $ 360  
   

 

 

   

 

 

   

 

 

   

 

 

 
Credit Agreement quarterly financial covenants
                 
     Interest
Coverage
Minimum
Ratio
    Total
Leverage
Not To
Exceed
 

Present through September 30, 2012

    2.00:1       4.75:1  

December 31, 2012 through September 30, 2013

    2.15:1       4.625:1  

December 31, 2013 through September 30, 2014

    2.15:1       4.375:1  

December 31, 2014 through September 30, 2015

    2.25:1       4.00:1  

December 31, 2015 through September 30, 2016

    2.25:1       3.75:1  

December 31, 2016 through maturity

    2.25:1       3.50:1  
Summary of deferred financing costs
                                         
    2011 Credit Agreement              

(Amounts in thousands)

  Senior secured
credit facility
    Senior secured
incremental term
    Senior revolving
credit facility
    Second Lien
Notes
    Total Deferred
Financing Costs
 

Balance at December 31, 2011

  $ 6,882     $ 3,092     $ 3,523     $ 16,649     $ 30,146  

Amortization of deferred financing costs

    (586     (266     (402     (1,299     (2,553

Write-off of deferred financing costs

    —         (14     —         —         (14
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at June 30, 2012

  $ 6,296     $ 2,812     $ 3,121     $ 15,350     $ 27,579