Citrix 2006 Annual Report Download - page 44

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Interest Expense
Year Ended December 31, 2006
Compared to
2005
2005
Compared to
2004(In thousands) 2006 2005(a) 2004(a)
(Restated) (Restated)
Interest Expense $ 927 $ 2,426 $ 4,537 $ (1,499) $ (2,111)
(a) See Note 2 to our consolidated financial statements included elsewhere in this Annual Report.
Interest expense decreased during 2006 compared to
2005 primarily due to the repayment of our term loan
facility, or the Term Loan, in February 2006. Interest
expense decreased during 2005 as compared to 2004
primarily due to the redemption of our convertible
subordinated debentures on March 22, 2004. This
decrease was partially offset by interest expense incurred
in 2005 related to amounts drawn during the year on our
senior revolving credit facility, or the Credit Facility, and
the Term Loan. For more information see “Management’s
Discussion and Analysis of Financial Condition and Results
of Operations — Liquidity and Capital Resources” and
Note 9 to our consolidated financial statements included
elsewhere in this Annual Report.
Write-off of Deferred Debt Issuance Costs
Year Ended December 31, 2006
Compared to
2005
2005
Compared to
2004(In thousands) 2006 2005 2004
Write-off of deferred debt issuance costs $ — $ — $ 7,219 $ — $ (7,219)
In 2004, we incurred a charge of approximately $7.2 million
for our remaining prepaid issuance costs as a result of the
redemption of our convertible subordinated debentures.
For more information on our convertible subordinated
debentures see “Management’s Discussion and Analysis of
Financial Condition and Results of Operations — Liquidity”
and Note 9 to our consolidated financial statements
included elsewhere in this Annual Report.
Other (Expense) Income, Net
Year Ended December 31, 2006
Compared to
2005
2005
Compared to
2004(In thousands) 2006 2005(a) 2004(a)
(Restated) (Restated)
Other (expense) income, net $ (546) $ (506) $2,851 $ (40) $ (3,357)
(a) See Note 2 to our consolidated financial statements included elsewhere in this Annual Report.