Annual report pursuant to Section 13 and 15(d)

LONG-TERM DEBT (Tables)

v2.4.0.8
LONG-TERM DEBT (Tables)
 12 Months Ended
Dec. 31, 2013
Debt Disclosure [Abstract]  
Summary of long-term debt
Long-term debt, which includes capital leases, consisted of the following:
 
 
 
 
 
December 31,
 
 
 
 
 
2013
 
2012
 
 
 
 
 
(in thousands)
Senior Secured Credit Facility:
 
 
 
 
 
Term loan A, net of unamortized discount of $2.0 million and $0.9 million
 
 
 
 
 
 
in 2013 and 2012, respectively
 
$
111,578

 
$
76,556

 
Term loan B, net of unamortized discount of $14.4 million and
 
 
 
 
 
 
$14.1 million in 2013 and 2012, respectively
 
933,226

 
863,370

 
Revolving credit facility
 
—

 
—

7% Senior Notes due 2020, plus unamortized premium of $8.6 million
 
 
 
 
 
in 2013
 
433,571

 
225,000

2.875% Convertible Senior Notes due 2027, net of unamortized discount of
 
 
 
 
 
$7.6 million and $20.6 million in 2013 and 2012, respectively
 
212,415

 
199,419

8.125% Senior Notes due 2018
 
—

 
250,000

Other long-term debt
 
118,097

 
125,660

 
 
 
 
 
1,808,887

 
1,740,005

Less: current portion
 
278,403

 
62,050

 
 
 
 
 
 
 
 
Total long-term debt, net
 
$
1,530,484

 
$
1,677,955

Future maturities of long-term debt
Future maturities of long-term debt at December 31, 2013 are as follows:
 
(in thousands)
2014
$
285,989

2015
46,344

2016
48,985

2017
47,329

2018
54,015

Thereafter
1,341,622

Total
1,824,284

Debt discount
(23,968
)
Debt premium
8,571

Total, including premium and discount
$
1,808,887

 
 
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 notes:
 
Year Ended December 31,
 
2013
 
2012
 
2011
 
(in thousands)
Interest cost recognized relating to:
 
 
 
 
 
  Contractual interest coupon
$
6,325

 
$
6,325

 
$
6,325

  Amortization of debt discount
12,995

 
11,792

 
10,700

  Amortization of debt issuance costs
703

 
703

 
703

Total interest cost recognized on the notes
$
20,023

 
$
18,820

 
$
17,728