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CONVERTIBLE SENIOR NOTES | 3 Months Ended
--- | ---
Mar. 31, 2015
CONVERTIBLE SENIOR NOTES |
CONVERTIBLE SENIOR NOTES | 10 — CONVERTIBLE SENIOR NOTES The Company issued $125,000 of the 5.0% Convertible Senior Notes on July 27, 2010 (the “2010 Notes”). The Indenture for the 2010 Notes included 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. On the Effective Date, when the Company emerged from Chapter 11, the 2010 Notes and the Indenture were fully satisfied and discharged. The following table provides additional information about the Predecessor Company’s 2010 Notes:
|  | Predecessor |
|  | Three Months Ended March 31, 2014 |
Effective interest rate on liability component |  | 10.0 | %
Cash interest expense recognized |  | $ | 1,541 |
Non-cash interest expense recognized |  | 1,299 |
Non-cash deferred financing amortization costs included in interest expense |  | 177 |

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