text: During 1999, the Company re p u rchased notes with a face value of DM 22.0 million and 65,850 warrants for a total purchase price of $5.2 
  million. This re p u rchase was accounted for as an extinguishment of debt with a resulting $2.7 million (net of income taxes of $0) re c o g n i z e d 
  as an extraord i n a ry gain on such extinguishment. The extinguishment gain re p resents the diff e rence between the allocated carrying value of 
  the debt extinguished ($8.1 million) and the consideration paid ($5.0 million), offset by the write-off of the allocated unamortized deferre d 
  financing costs ($300,000). Of the total purchase price of $5.2 million, $176,000 was allocated to the warrants based on their fair market 
  value at the time of purchase and re c o rded as an adjustment to additional paid-in capital. Of the total extinguishment gain, $803,000 was 
  re c o rded in the fourth quarter of 1999 relating to the purchase of notes with a face value of DM 7.6 million on December 13, 1999. 