XML 34 R32.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Convertible Notes (Tables)
6 Months Ended
Jun. 30, 2011
Convertible Notes  
Schedule of convertible notes

 

 

(in thousands)

 

As of June 30,
 2011

 

As of December 31,
 2010

 

5% Convertible Senior Notes due 2014 (the “2014 Notes”)

 

$

172,500

 

$

172,500

 

Unamortized discount

 

(45,242

)

(51,000

)

Total convertible notes

 

$

127,258

 

$

121,500

 

Less current portion

 

 

 

Total long-term convertible notes

 

$

127,258

 

$

121,500

 

Schedule of interest expense on notes

 

 

 

 

 

Three Months Ended
 June 30,

 

Six Months Ended
 June 30,

 

 

 

2011

 

2010

 

2011

 

2010

 

 

 

(In thousands)

 

2014 Notes coupon interest at a rate of 5%

 

$

2,156

 

$

2,156

 

$

4,312

 

$

4,312

 

2014 Notes amortization of discount at an additional effective interest rate of 11.7%

 

3,056

 

1,584

 

6,072

 

4,486

 

Zero Coupon Convertible Senior Notes due 2010 amortization of discount at an effective interest rate of 8.4%

 

 

 

 

958

 

Total interest expense on convertible notes

 

$

5,212

 

$

3,740

 

$

10,384

 

$

9,756