10 — CONVERTIBLE SENIOR NOTES

The Company issued $125,000 of the 2010 Notes on July 27, 2010. The Indenture for the 2010 Notes includes customary agreements and covenants by the Company, including with respect to events of default. As noted in Note 1 — General Information, the filing of the Chapter 11 Cases by the Company on April 21, 2014 constituted an event of default with respect to the 2010 Notes. On this date, the Company ceased recording interest expense related to the 2010 Notes. During the period from July 1 to July 9, 2014 and January 1 to July 9, 2014, interest expense of $255 and $2,522, including the amortization of the discount of the liability component and the bond coupon interest expense, was not recorded by the Predecessor Company, which would have been incurred had the indebtedness not been reclassified as a Liability subject to compromise. On the Effective Date, when the Company emerged from Chapter 11, the 2010 Notes and the Indenture were fully satisfied and discharged.

The following tables provide additional information about the Company’s 2010 Notes:

	Predecessor
	December 31, 2013
Carrying amount of the equity component (additional paid-in capital)	$	24,375
Principal amount of the 2010 Notes	125,000
Unamortized discount of the liability component	9,119
Net carrying amount of the liability component	115,881

	Predecessor
	Period from July 1 to July 9, 2014			Three Months Ended September 30, 2013			Period from January 1 to July 9, 2014 (a)			Nine Months Ended September 30, 2013
Effective interest rate on liability component	—		%	10.0		%	10.0		%	10.0		%
Cash interest expense recognized	$	—		$	1,575		$	1,886		$	4,687
Non-cash interest expense recognized	—			1,265			1,592			3,653
Non-cash deferred financing amortization costs included in interest expense	—			181			216			537

(a)

The amounts and percentage reflect amounts through April 21, 2014 since the Company ceased recording interest expense due to the Chapter 11 Cases.

Refer to Note 1 — General Information for additional information regarding defaults relating to the 2010 Notes.