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Debt
 6 Months Ended
Jun. 30, 2011
Debt  
Debt

4.     Debt

 

On July 28, 2011, we amended our senior revolving credit facility (“Credit Facility”) to, among other things, (i) provide for a $250.0 million senior term loan facility with a maturity date of July 2016 (“Term Loan Facility”), the full amount of which we received on the date of the Credit Facility amendment, (ii) extend the expiration date of the Credit Facility to July 2016 and (iii) reduce certain fees, including applicable margins for Base Rate Loans and Eurodollar Rate Loans.  Borrowings under the Term Loan Facility may be designated as Base Rate Loans or Eurodollar Rate Loans and bear floating interest rates plus applicable margins.  The Term Loan Facility requires principal payments as follows: $2.5 million in 2012, $7.5 million in 2013, $12.5 million in 2014, $17.5 million in 2015 and $210.0 million in 2016.

 

The following table provides additional information about our interest income, expense and other financing costs, for the periods presented (in thousands):

 

 

 

For the Three Months ended

 

For the Six Months ended

 

 

 

June 30,

 

June 30,

 

 

 

2011

 

2010

 

2011

 

2010

 

 

 

 

 

 

 

 

 

 

 

Interest income

 

$

147

 

$

163

 

$

226

 

$

349

 

Interest expense and other financing costs, net

 

(4,445

)

(1,004

)

(7,049

)

(1,830

)

 

 

$

(4,298

)

$

(841

)

$

(6,823

)

$

(1,481

)