Annual report pursuant to Section 13 and 15(d)

LONG-TERM DEBT (Tables)

v3.22.0.1
LONG-TERM DEBT (Tables)
 12 Months Ended
Dec. 31, 2021
Debt Disclosure [Abstract]  
Summary of long-term debt
Long-term debt, which includes finance leases, consisted of the following:
December 31,
2021 2020
(in thousands)
Senior Secured Credit Facility:
Term loan A $ 395,000  $ — 
Term loan B 854,385  938,125 
6.5% Senior Secured Notes due 2027 1,200,000  1,200,000 
3.75% Senior Secured Notes due 2028 500,000  — 
4.75% Senior Notes due 2027 950,000  950,000 
4.875% Senior Notes due 2024 575,000  575,000 
5.625% Senior Notes due 2026 300,000  300,000 
2.5% Convertible Senior Notes due 2023 550,000  550,000 
2.0% Convertible Senior Notes due 2025 400,000  400,000 
Other long-term debt 105,890  125,226 
Total principal amount 5,830,275  5,038,351 
Less unamortized discounts and debt issuance costs (99,537) (129,840)
Total long-term debt, net of unamortized discounts and debt issuance costs 5,730,738  4,908,511 
Less: current portion 585,254  53,415 
Total long-term debt, net $ 5,145,484  $ 4,855,096 
Future maturities of long-term debt Future maturities of long-term debt at December 31, 2021 are as follows:
(in thousands)
2022 $ 602,325 
2023 65,272 
2024 1,351,867 
2025 36,388 
2026 1,120,579 
Thereafter 2,653,844 
Total $ 5,830,275 
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:
  Year Ended December 31,
  2021 2020 2019
  (in thousands)
Interest cost recognized relating to:  
  Contractual interest coupon $ 21,750  $ 21,011  $ 14,015 
  Amortization of debt discount 20,883  19,260  12,599 
  Amortization of debt issuance costs 3,330  3,230  2,134 
Total interest cost recognized on the notes $ 45,963  $ 43,501  $ 28,748