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Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2013
Long-Term Debt [Abstract]  
Financial Debt Covenants

 

 

 

 

 

 

Description

 

Requirement

 

 

 

Leverage Ratio (Consolidated Indebtedness/Consolidated  Adj. EBITDA)

 

<  3.50 to 1.00

 

 

 

Fixed Charge Coverage Ratio (Consolidated Free Cash Flow/Consolidated Fixed Charges)

 

>  1.50 to 1.00

 

 

 

Annual Operating Lease Commitment

 

< $30.0 million

 

Debt Amounts Included In Consolidated Balance Sheet

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2013

 

December 31, 2012

Principal amount of convertible debentures

 

$

186,956 

 

$

186,956 

Unamortized debt discount

 

 

(7,802)

 

 

(12,066)

Carrying amount of convertible debentures

 

$

179,154 

 

$

174,890 

Additional paid in capital (net of tax)

 

$

31,310 

 

$

31,310 

 

Interest Expense Included In Consolidated Income Statement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended June 30,

 

Six months ended June 30,

 

2013

 

2012

 

2013

 

2012

Cash interest expense

$

1,230 

 

$

1,350 

 

$

2,430 

 

$

2,683 

Non-cash amortization of debt discount

 

2,150 

 

 

2,009 

 

 

4,264 

 

 

3,985 

Amortization and write-off of debt costs

 

317 

 

 

313 

 

 

1,097 

 

 

621 

Total interest expense

$

3,697 

 

$

3,672 

 

$

7,791 

 

$

7,289