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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2014
Long-Term Debt [Abstract]  
Schedule Of Long-Term Debt

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

 

(In thousands)

Revolving credit facility, including swing-line credit facility (weighted-average combined interest rate of 2.2% and 2.5% as of December 31, 2014 and 2013, respectively)

 

$ 

137,292 

 

$ 

72,547 

8.25% Senior subordinated notes due September 2018

 

 

 

 

200,000 

5.125% Senior notes due August 2022

 

 

250,000 

 

 

1.00% Convertible senior notes due December 2020, net of discount

 

 

225,370 

 

 

216,635 

Equipment financing notes 

 

 

35 

 

 

1,332 

Total long-term debt

 

 

612,697 

 

 

490,514 

Less: current portion 

 

 

35 

 

 

1,289 

Total long-term debt, excluding current portion 

 

$ 

612,662 

 

$ 

489,225 

 

Schedule of Interest Expense Related to Convertible Notes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

2012

 

 

(In thousands)

Cash interest per contractual coupon rate

 

$ 

2,875 

 

$ 

288 

 

$ 

Amortization of note discount

 

 

8,724 

 

 

848 

 

 

Amortization of deferred financing costs

 

 

518 

 

 

48 

 

 

Total interest expense related to Convertible Notes

 

$ 

12,117 

 

$ 

1,184 

 

$ 

 

Schedule of Convertible Debt

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

 

(In thousands)

Principal balance

 

$ 

287,500 

 

$ 

287,500 

Discount, net of accumulated amortization

 

 

(62,130)

 

 

(70,865)

Net carrying amount of Convertible Notes

 

$ 

225,370 

 

$ 

216,635 

 

Schedule Of Maturities Of Long-Term Debt

 

 

 

 

 

 

 

 

2015

 

$ 

35 

2016

 

 

2017

 

 

2018

 

 

2019

 

 

137,292 

Thereafter

 

 

537,500 

Total

 

$ 

674,827