Other Long-Term Assets

9 Months Ended

Sep. 30, 2017

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Other long-term assets consist of the following (in thousands):



	September 30, 2017		December 31, 2016
Convertible 2022 note hedge asset	$	41,660	$	—
Convertible 2021 note hedge asset	41,619		25,471
Cash surrender value of life insurance policies	1,895		1,824
Deferred financing fees	860		793
Installment receivables	385		466
Deferred taxes	470		837
Investments	103		108
Other	107		188
Other Long-Term Assets	$	87,099	$	29,687

During the quarter ended March 31, 2016, the company issued $150,000,000 principal amount of Convertible Senior Notes due 2021. During the quarter ended June 30, 2017, the company issued $120,000,000 principal amount of Convertible Senior Notes due 2022. As part of the 2016 and 2017 transactions, the company entered into the related 2021 and 2022 convertible

note hedge derivatives which are included in Other Long-Term Assets, the value of which will be adjusted quarterly to reflect fair value. See "Long-Term Debt" in the notes to the Consolidated Financial Statements included elsewhere in this report for more detail.