Annual report pursuant to Section 13 and 15(d)

LONG-TERM DEBT (Tables)

v3.8.0.1
LONG-TERM DEBT (Tables)
 12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Summary of long-term debt
Long-term debt, which includes capital leases, consisted of the following:
 
 
 
 
 
December 31,
 
 
 
 
 
2017
 
2016
 
 
 
 
 
(in thousands)
Senior Secured Credit Facility:
 
 
 
 
 
Term loan A
 
$
175,750

 
$
187,625

 
Term loan B
 
962,849

 
972,563

4.875% Senior Notes due 2024
 
575,000

 
575,000

5.375% Senior Notes due 2022
 
250,000

 
250,000

2.5% Convertible Senior Notes due 2019
 
275,000

 
275,000

Other long-term debt
 
99,393

 
104,397

Total principal amount
 
2,337,992

 
2,364,585

Less unamortized discounts and debt issuance costs
 
(38,033
)
 
(51,532
)
Total long-term debt, net of unamortized discounts and debt issuance costs
 
2,299,959

 
2,313,053

Less: current portion
 
347,593

 
53,317

 
 
 
 
 
 
 
 
Total long-term debt, net
 
$
1,952,366

 
$
2,259,736

Future maturities of long-term debt
Future maturities of long-term debt at December 31, 2017 are as follows:
 
(in thousands)
2018
$
353,738

2019
42,240

2020
71,621

2021
114,546

2022
260,013

Thereafter
1,495,834

Total
$
2,337,992

Summary of pre tax interest cost recognized on convertible senior notes
The following table summarizes the amount of pre-tax interest cost recognized on the 2.5% convertible senior notes:
 
Year Ended December 31,
 
2017
 
2016
 
2015
 
(in thousands)
Interest cost recognized relating to:
 
 
 
 
 
  Contractual interest coupon
$
6,875

 
$
6,875

 
$
6,856

  Amortization of debt discount
5,080

 
4,833

 
4,599

  Amortization of debt issuance costs
1,358

 
1,358

 
1,355

Total interest cost recognized on the notes
$
13,313

 
$
13,066

 
$
12,810