Debt (Tables)

12 Months Ended

Dec. 31, 2011

Debt Instruments [Abstract]

Schedule of Long-term Debt Instruments

The carrying amounts of our long-term debt are as follows:

	December 31,
	2011			2010
	(In thousands)
Credit Agreement	$	200,000		$	159,000
6.25% Senior Notes
Principal	185,000			185,000
Unamortized discount	(1,203		)	(1,584		)
Unamortized premium – dedesignated fair value hedge	1,098			1,444
	184,895			184,860
8.25% Senior Notes
Principal	150,000			150,000
Unamortized discount	(1,907		)	(2,212		)
	148,093			147,788
Promissory Notes	72,900			—
Total long-term debt	$	605,888		$	491,648

Schedule of Maturities of Long-term Debt

Maturities of our long-term debt are as follows:

	(In thousands)
Years Ending December 31,
2012	$	—
2013	—
2014	200,000
2015	185,000
2016	72,900
Thereafter	150,000
Total	$	607,900

Schedule of Derivative Instruments

Additional information on our interest rate swaps is as follows:

Derivative Instrument	Balance Sheet Location	Fair  Value		Location of Offsetting Balance	Offsetting Amount
	(In thousands)
December 31, 2011
Interest rate swap designated as cash flow hedging instrument:
Variable-to-fixed interest rate swap contract ($155 million of LIBOR based debt interest)	Other long-term liabilities	$	520	Accumulated other comprehensive loss	$	520
December 31, 2010
Interest rate swap designated as cash flow hedging instrument:
Variable-to-fixed interest rate swap contract ($155 million of LIBOR based debt interest)	Other long-term liabilities	$	10,026	Accumulated other comprehensive loss	$	10,026

Schedule of Interest Expense and Other Debt Information

Interest expense consists of the following components:

	Years Ended December 31,
	2011		2010		2009
	(In thousands)
Interest on outstanding debt:
Credit Agreement, net of interest on interest rate swap	$	10,477	$	9,109	$	10,657
6.25% senior notes	11,565		11,404		10,703
8.25% senior notes	12,380		10,298		—
Promissory Notes	745		—		—
Partial settlement of interest rate swap – cash flow hedge	—		1,076		—
Net fair value adjustments to interest rate swaps (1)	41		1,464		175
Net amortization of discount and deferred debt issuance costs	1,212		713		706
Commitment fees	430		392		268
Total interest incurred	36,850		34,456		22,509
Less capitalized interest	891		455		1,008
Net interest expense	$	35,959	$	34,001	$	21,501
Cash paid for interest (2)	$	34,825	$	31,305	$	21,721

(1) Includes fair value adjustments to previous interest rate swap contracts settled during the first quarter of 2010.

(2) Presented net of cash received under previous interest rate swap contracts of $1.9 million and $3.8 million for the years ended December 31, 2010 and 2009, respectively.