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DEBT (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Schedule of Maturities of Long-term Debt
Contractual repayments of the term loan do not begin until September 30, 2015 and are due as follows:
Year Ended December 31,
Principal Repayment
 
(In thousands)
2015
$3,750
2016
9,735
2017
13,125
2018
15,000
2019
108,750
Components of Interest Expense
The interest expense components of the Company’s convertible notes are as follows:
 
 
Years Ended December 31,
 
2014
 
2013
 
2012
 
(In thousands)
2016 Notes:
 
 
 
 
 
Amortization of the discount on the liability component (1)
$
7,104

 
$
6,463

 
$
5,993

Cash interest related to the contractual interest coupon (2)
3,342

 
3,218

 
3,154

Total
$
10,446

 
$
9,681

 
$
9,147

 
 
 
 
 
 
2012 Notes:
 
 
 
 
 
Amortization of the discount on the liability component (1)
$

 
$

 
$
2,527

Cash interest related to the contractual interest coupon (2)

 

 
1,378

Total
$

 
$

 
$
3,905


(1)
In 2014 and 2013, the amortization of the discount on the liability component of the 2016 Note is presented net of capitalized interest of $0.9 million and $1.0 million, respectively. In 2012, the amortization of the discount on the liability component of the 2016 and 2012 Notes are presented net of capitalized interest of $1.1 million and $0.5 million, respectively.
(2)
In 2014 and 2013, the cash interest related to the contractual interest coupon on the 2016 Note is presented net of capitalized interest of $0.4 million and $0.5 million, respectively. In 2012, the cash interest related to the contractual interest coupon on the 2016 and 2012 Notes are presented net of capitalized interest of $0.6 million and $0.3 million, respectively.