PERKINELMER INC | 2013 | FY | 3


Interest and Other Expense, Net
 
Interest and other expense, net, consisted of the following for the fiscal years ended:
 
 
December 29,
2013
 
December 30,
2012
 
January 1,
2012
 
(In thousands)
Interest income
$
(650
)
 
$
(747
)
 
$
(1,884
)
Interest expense
49,924

 
45,787

 
24,783

Other expense, net
14,836

 
2,916

 
3,875

Total interest and other expense, net
$
64,110

 
$
47,956

 
$
26,774



In December 2013, the Company redeemed all of its 6% senior unsecured notes due in 2015 (the “2015 Notes”) for a redemption price that included the outstanding principal amount of $150.0 million and a prepayment premium of $11.1 million, which is included in other expense, net. The transaction also resulted in the write-off of $2.8 million for the remaining unamortized derivative losses for previously settled cash flow hedges and the write-off of $0.2 million for the remaining deferred debt issuance costs. Both of these amounts are included in interest expense.

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