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Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2017
Long-Term Debt  
Schedule Of Long-Term Debt

 

 

 

 

 

 

 

 

   

June 30, 2017

   

December 31, 2016

 

 

(In thousands)

Revolving credit facility, including swingline credit facility (weighted average combined interest rate of 2.9% and 4.0% as of June 30, 2017 and December 31, 2016, respectively)

 

$

184,234

 

$

14,100

1.00% Convertible Senior Notes due 2020, net of unamortized discount and capitalized debt issuance costs

 

 

246,444

 

 

241,068

5.125% Senior Notes due 2022, net of capitalized debt issuance costs

 

 

247,701

 

 

247,371

5.50% Senior Notes due 2025, net of capitalized debt issuance costs

 

 

294,960

 

 

 —

Total long-term debt

 

$

973,339

 

$

502,539

 

Schedule of Interest Expense Related to Convertible Notes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

June 30, 

 

June 30, 

 

 

2017

   

2016

   

2017

   

2016

 

 

(In thousands)

Cash interest per contractual coupon rate

 

$

719

 

$

719

 

$

1,438

 

$

1,438

Amortization of note discount

 

 

2,536

 

 

2,406

 

 

5,039

 

 

4,780

Amortization of debt issuance costs

 

 

171

 

 

154

 

 

337

 

 

304

Total interest expense related to Convertible Notes

 

$

3,426

 

$

3,279

 

$

6,814

 

$

6,522

 

 

Schedule of Convertible Debt

 

 

 

 

 

 

 

 

   

June 30, 2017

   

December 31, 2016

 

 

(In thousands)

Principal balance

 

$

287,500

 

$

287,500

Unamortized discount and capitalized debt issuance costs

 

 

(41,056)

 

 

(46,432)

Net carrying amount of Convertible Notes

 

$

246,444

 

$

241,068