v2.4.0.8
Debt (Tables)
 9 Months Ended
Sep. 30, 2014
Debt Disclosure [Abstract]  
Long-Term Debt

Long-term debt consisted of the following (in thousands):

 

 

September 30,
2014

 

 

December 31,
2013

 

2021 notes

$

350,000

 

 

$

350,000

 

2013 facility

 

30,000

 

 

 

−

 

Other long-term debt

 

3,921

 

 

 

3,971

 

 

 

383,921

 

 

 

353,971

 

Less: current portion of long-term debt

 

30,072

 

 

 

67

 

Long-term debt, net of current maturities

$

353,849

 

 

$

353,904

 

 
Effect of Derivative Financial Instrument on Condensed Consolidated Statements of Operations and Comprehensive Loss

The table below presents the effect of our derivative financial instrument on the condensed consolidated statements of operations and comprehensive income (loss) for the three and nine months ended September 30 (in thousands):

 

Derivative Not Designated
as Hedging Instrument

  

 

  

Amount of Gain (Loss)
Recognized in Income

 

  

Location of Gain (Loss)

  

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

  

Recognized in Income

  

2014

 

 

2013

 

 

2014

 

 

2013

 

Warrants

 

Interest expense, net

 

$

1,340

 

 

$

197

 

 

$

1,321

 

 

$

(558

)

 
Fair Value Hierarchy Table on Recurring Basis (Level 2)

The following fair value hierarchy table presents information about our financial instrument measured at fair value on a recurring basis using significant other observable inputs (Level 2) (in thousands):

 

 

Carrying Value
As of
September  30,
2014

 

 

Fair Value
Measurement as of
September  30, 2014

 

  

Carrying Value
As of
December 31,
2013

 

  

Fair Value
Measurement as of
December 31, 2013

 

Warrants (included in Other long-term liabilities)

$

2,509

 

 

$

2,509

 

 

$

3,830

 

 

$

3,830