contractual cash flows following is a summary of our contractual payment obligations related to our consolidated debt , contingent consideration , operating leases , other commitments and long-term liabilities at september 30 , 2011 ( see notes 9 and 13 to the consolidated financial statements contained this annual report ) , ( in thousands ) : .
( 1 ) cash premiums related to the 201cif converted 201d value of the 2007 convertible notes that exceed aggregate principal balance using the closing stock price of $ 17.96 on september 30 , 2011 . the actual amount of the cash premium will be calculated based on the 20 day average stock price prior to maturity . a $ 1.00 change in our stock price would change the 201cif converted 201d value of the cash premium of the total aggregate principle amount of the remaining convertible notes by approximately $ 2.8 million . ( 2 ) other commitments consist of contractual license and royalty payments , and other purchase obligations . ( 3 ) contingent consideration related to business combinations is recorded at fair value and actual results could differ . ( 4 ) other long-term liabilities includes our gross unrecognized tax benefits , as well as executive deferred compensation which are both classified as beyond five years due to the uncertain nature of the commitment . ( 5 ) amounts do not include potential cash payments for the pending acquisition of aati . critical accounting estimates the discussion and analysis of our financial condition and results of operations are based upon our consolidated financial statements , which have been prepared in accordance with gaap . the preparation of these financial statements requires us to make estimates and judgments that affect the reported amounts of assets , liabilities , revenues and expenses , and related disclosure of contingent assets and liabilities . the sec has defined critical accounting policies as those that are both most important to the portrayal of our financial condition and results and which require our most difficult , complex or subjective judgments or estimates . based on this definition , we believe our critical accounting policies include the policies of revenue recognition , allowance for doubtful accounts , inventory valuation , business combinations , valuation of long-lived assets , share-based compensation , income taxes , goodwill and intangibles , and loss contingencies . on an ongoing basis , we evaluate the judgments and estimates underlying all of our accounting policies . these estimates and the underlying assumptions affect the amounts of assets and liabilities reported , disclosures , and reported amounts of revenues and expenses . these estimates and assumptions are based on our best judgments . we evaluate our estimates and assumptions using historical experience and other factors , including the current economic environment , which we believe to be reasonable under the circumstances . we adjust such estimates and assumptions when facts and circumstances dictate . as future events and their effects cannot be determined with precision , actual results could differ significantly from these estimates . page 80 skyworks / annual report 2011 .
Payments Due By Period
Obligation Total Less Than 1Year 1-3 years 3-5 Years Thereafter
Short-term debt obligations $26,677 $26,677 $— $— $—
Cash premium on convertible notes due March 2012 (1) 23,558 23,558 — — —
Other commitments (2) 5,170 3,398 1,772 — —
Operating lease obligations 37,788 8,247 13,819 9,780 5,942
Contingent consideration for business combinations (3) 59,400 58,400 1,000 — —
Other long-term liabilities (4) 34,199 2,683 769 146 30,601
Total (5) $186,792 $122,963 $17,360 $9,926 $36,543
obligation payments due by period total payments due by period less than 1year payments due by period 1-3 years payments due by period 3-5 years payments due by period thereafter
short-term debt obligations $ 26677 $ 26677 $ 2014 $ 2014 $ 2014
cash premium on convertible notes due march 2012 ( 1 ) 23558 23558 2014 2014 2014
other commitments ( 2 ) 5170 3398 1772 2014 2014
operating lease obligations 37788 8247 13819 9780 5942
contingent consideration for business combinations ( 3 ) 59400 58400 1000 2014 2014
other long-term liabilities ( 4 ) 34199 2683 769 146 30601
total ( 5 ) $ 186792 $ 122963 $ 17360 $ 9926 $ 36543