Long-Term Obligations (Tables)

9 Months Ended

Sep. 30, 2013

Long Term Obligations

The Company’s long-term obligations at September 30, 2013 and December 31, 2012 consist of the following:

	September 30, 2013		December 31, 2012
	(In thousands)
Senior secured notes due 2019 (2019 Notes)	$	135,658	$	125,827
4.75% convertible notes due 2018 (2018 Convertible Notes)		100,073		97,087
Capital leases		188		233
		235,919		223,147
Less-current portion of capital leases		60		60
Total	$	235,859	$	223,087

Principal Balance Unamortized Discount and Net Carrying Amount

The principal balance, unamortized discount and net carrying amount of the 2019 Notes and 2018 Convertible Notes at September 30, 2013 and December 31, 2012 are as follows:

	Liability Component (In thousands)
	Principal Balance		Unamortized Discount		Net Carrying Amount
September 30, 2013
Senior secured notes due 2019 (2019 Notes)	$	170,941	$	35,283	$	135,658
4.75% convertible notes due 2018 (2018 Notes)		122,441		22,368		100,073
	$	293,382	$	57,651	$	235,731
December 31, 2012
Senior secured notes due 2019 (2019 Notes)	$	170,941	$	45,114	$	125,827
4.75% convertible notes due 2018 (2018 Notes)		122,441		25,354		97,087
	$	293,382	$	70,468	$	222,914

Total Interest Expense Under Long Term Debt Obligations

Total interest expense under the Company’s long-term debt obligations for the three and nine-month periods ended September 30, 2013 and 2012 is as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
Total Interest Expense	2013		2012		2013		2012
Accretion of debt discount	$	4,407	$	3,818	$	12,817	$	8,323
Amortization of debt issue costs		221		274		651		561
Non-cash interest expense		4,628		4,092		13,468		8,884
Accrued interest		2,736		2,713		8,212		8,078
Total Interest Expense	$	7,364	$	6,805	$	21,680	$	16,962