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CONVERTIBLE SENIOR NOTES (Tables)
12 Months Ended
Dec. 31, 2012
CONVERTIBLE SENIOR NOTES  
Schedule of carrying amounts of the liability and equity components of the convertible notes

 

 

 

 

December 31, 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

 

14,082

 

18,619

 

Net carrying amount of the liability component

 

110,918

 

106,381

 

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

 

 

 

Years Ended December 31,

 

 

 

2012

 

2011

 

2010

 

Effective interest rate on liability component

 

10.0

%

10.0

%

10.0

%

Cash interest expense recognized

 

$

6,263

 

$

6,231

 

$

2,662

 

Non-cash interest expense recognized

 

4,537

 

4,072

 

1,684

 

Non-cash deferred financing amortization costs included in interest expense

 

722

 

720

 

311