v2.4.0.6
Debt And Credit Arrangements (Tables)
 12 Months Ended
Dec. 31, 2011
Debt Disclosure [Abstract]  
Schedule of Debt
The following table shows the components of the Company’s borrowings at December 31, 2011 and 2010, respectively.
 
 
December 31,
 
2011
 
2010
Senior term loan, due May 2015, average interest rate of 2.73% at December 31, 2011
$
55,250

 
$
61,750

Convertible notes, due 2018, interest accrued at 7.9%
174,474

 
—

Subordinated notes, due 2015, interest accrued at 9.125%
—

 
163,175

Foreign facilities
4,758

 
—

Total debt
234,482

 
224,925

Less: current maturities
(11,258
)
 
(6,500
)
Long-term debt
$
223,224

 
$
218,425
Convertible Notes Payable Components
The following table represents the principal balance, the unamortized discount and the net carrying amount of the liability component and the carrying amount of the equity component of the Convertible Notes:
 
December 31, 2011
Principal balance of liability component
$
250,000

Unamortized discount
(75,526
)
Carrying value of liability component
$
174,474

Equity component
$
79,115
Schedule of Maturities of Long-term Debt
The scheduled annual maturities of long-term debt at December 31, 2011, are as follows:
 
Year
Amount
2012
$
11,258

2013
6,500

2014
6,500

2015
35,750

2016
—

Thereafter
250,000

 
$
310,008

Less: unamortized discount
(75,526
)
 
$
234,482