Annual report pursuant to Section 13 and 15(d)

LONG-TERM DEBT (Tables)

v3.25.0.1
LONG-TERM DEBT (Tables)
 12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Summary of long-term debt
Long-term debt, which includes finance leases, consisted of the following:
December 31,
2024 2023
(in thousands)
Senior Secured Credit Facility:
Term loan B $ 828,163  $ 836,903 
Revolving credit facility —  370,000 
6.5% Senior Secured Notes due 2027 1,200,000  1,200,000 
3.75% Senior Secured Notes due 2028 500,000  500,000 
4.875% Senior Notes due 2024 —  575,000 
5.625% Senior Notes due 2026 300,000  300,000 
4.75% Senior Notes due 2027 950,000  950,000 
2.0% Convertible Senior Notes due 2025 83,957  400,000 
3.125% Convertible Senior Notes due 2029 1,000,000  1,000,000 
2.875% Convertible Senior Notes due 2030 1,100,000  — 
Other debt 529,257  511,210 
Total principal amount 6,491,377  6,643,113 
Less: unamortized discounts and debt issuance costs (53,308) (49,701)
Total debt, net of unamortized discounts and debt issuance costs 6,438,069  6,593,412 
Less: current portion 260,901  1,134,386 
Total long-term debt, net $ 6,177,168  $ 5,459,026 
Future maturities of long-term debt
Future maturities of debt at December 31, 2024 are as follows:
(in thousands)
2025 $ 260,901 
2026 1,421,182 
2027 2,153,632 
2028 1,515,468 
2029 1,103,078 
Thereafter 37,116 
Total $ 6,491,377 
Summary of pretax interest cost recognized on convertible senior notes
The following table summarizes the amount of pre-tax interest cost recognized on the convertible senior notes due 2025, 2029 and 2030 for the year ended December 31, 2024, convertible senior notes due 2025 and 2029 for the year ended December 31, 2023 and convertible senior notes due 2023 and 2025 for the year ended December 31, 2022:
  Year Ended December 31,
  2024 2023 2022
  (in thousands)
Interest cost recognized relating to:  
  Contractual interest coupon $ 41,202  $ 27,460  $ 21,750 
  Amortization of debt issuance costs 4,095  3,912  3,710 
Total interest cost recognized on the convertible senior notes $ 45,297  $ 31,372  $ 25,460