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CONVERTIBLE SENIOR NOTES (Tables)
9 Months Ended
Sep. 30, 2012
CONVERTIBLE SENIOR NOTES  
Schedule of carrying amounts of the liability and equity components of the convertible notes

 

 

 

September 30,

2012

 

December 31,
2011

 

Carrying amount of the equity component (additional paid-in capital)

 

$

 24,375

 

$

 24,375

 

Principal amount of the 2010 Notes

 

125,000

 

125,000

 

Unamortized discount of the liability component

 

15,274

 

18,619

 

Net carrying amount of the liability component

 

109,726

 

106,381

 

 

Schedule of effective interest rate, cash and non-cash interest expense and deferred financing cost amortization

 

 

 

Three Months Ended
September 30,

 

Nine Months Ended
September 30,

 

 

 

2012

 

2011

 

2012

 

2011

 

Effective interest rate on liability component

 

10.0

%

10.0

%

10.0

%

10.0

%

Cash interest expense recognized

 

$

 1,580

 

$

 1,584

 

$

 4,696

 

$

 4,677

 

Non-cash interest expense recognized

 

1,158

 

1,046

 

3,345

 

2,999

 

Non-cash deferred financing amortization costs included in interest expense

 

181

 

181

 

540

 

538