Annual report pursuant to Section 13 and 15(d)

Derivative Contracts (Tables)

v3.6.0.2
Derivative Contracts (Tables)
12 Months Ended
Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Fair Values and Presentation of Derivative Financial Instruments
The following table summarizes the fair values and the presentation of our derivative financial instruments in the Consolidated Balance Sheets:
(In thousands)
Balance Sheet Component
 
December 31,
2016
 
December 31,
2015
Derivative financial instruments:
 
 
 
 
 
Common stock options/warrants
Investments, net
 
$
4,017

 
$
5,338

Embedded conversion option
2033 Senior Notes, net of discount and estimated fair value of embedded derivatives
 
$
16,736

 
$
23,737

Forward contracts
Unrealized gains on forward contracts are recorded in Other current assets and prepaid expenses. Unrealized (losses) on forward contracts are recorded in Accrued expenses.
 
$
39

 
$
9

Summary of the Losses and Gains Recorded for the Changes in Fair Values of Derivative Instruments
The following table summarizes the losses and gains recorded for the years ended December 31, 2016, 2015 and 2014:
 
For the years ended December 31,
(In thousands)
2016
 
2015
 
2014
Derivative gain (loss):
 
 
 
 
 
Common stock options/warrants
$
(4,262
)
 
$
(2,854
)
 
$
1,193

2033 Senior Notes
7,001

 
(36,588
)
 
(12,213
)
Forward contracts
$
39

 
$
359

 
$
388

Total
$
2,778

 
$
(39,083
)
 
$
(10,632
)