text: **Extraordinary Gain**In 1999 the Company re c o rded an extraord i n a ry gain of $2.8 million (net of income taxes of $0) following its re p u rchase of 
  a portion of its Senior Discount Notes. The gain re p resents the diff e rence between the allocated carrying value of the face value of the debt 
  re p u rchased of $8.1 million less the consideration paid of $5.0 million, offset by the write-off of allocated unamortized deferred financing costs of 
  $300,000. The Company has not re t i red the bonds re p u rchased. 
  
  In addition, the Company re p u rchased 97,023 warrants that were attached to the notes payable. Accord i n g l y, approximately $176,000 was 
  allocated to the carrying value of the warrants which reduced additional paid-in capital. 
  
  In 1998 the Company re c o rded an extraord i n a ry gain of $2.9 million (net of income taxes of $1.5 million), following its re p u rchase of a portion of 
  its Senior Discount Notes. The gain re p resents the diff e rence between the allocated carrying value of the face value of the debt re p u rchased of 
  $10.2 million less the consideration paid of $5.5 million, offset by the write-off of allocated unamortized deferred financing costs of $400,000. 
  The Company has not re t i red the bonds re p u rchased. 