Quarterly report pursuant to Section 13 or 15(d)

LONG-TERM DEBT (Tables)

v2.4.0.8
LONG-TERM DEBT (Tables)
9 Months Ended
Sep. 30, 2014
Debt Disclosure [Abstract]  
Summary of long-term debt
Long-term debt, which includes capital leases, at September 30, 2014 and December 31, 2013, consists of the following:
 
 
 
 
 
September 30, 2014
 
December 31, 2013
 
 
 
 
 
(in thousands)
Senior Secured Credit Facility:
 
 
 
 
 
Term loan A, net of unamortized discount of $1.6 million and $2.0 million
 
 
 
 
 
 
at September 30, 2014 and December 31, 2013, respectively
 
$
106,254

 
$
111,578

 
Term loan B, net of unamortized discount of $12.7 million and
 
 
 
 
 
 
$14.4 million at September 30, 2014 and December 31, 2013, respectively
 
927,775

 
933,226

 
Revolving credit facility
 

 

7% Senior Notes due 2020, plus unamortized premium of $7.6 million
 
 
 
 
 
and $8.6 million at September 30, 2014 and December 31, 2013, respectively
 
432,607

 
433,571

5.375% Senior Notes due 2022
 
250,000

 

2.875% Convertible Senior Notes due 2027, net of unamortized discount of
 
 
 

 
$7.6 million at December 31, 2013
 

 
212,415

2.5% Convertible Senior Notes due 2019, net of unamortized discount of
 
 
 
 
 
$20.5 million at September 30, 2014
 
254,490

 

Other long-term debt
 
104,030

 
118,097

 
 
 
 
 
2,075,156

 
1,808,887

Less: current portion
 
47,947

 
278,403

 
 
 
 
 
 
 
 
Total long-term debt, net
 
$
2,027,209

 
$
1,530,484

Future maturities of long-term debt
Future maturities of long-term debt at September 30, 2014 are as follow:
 
(in thousands)
2014
$
11,330

2015
46,312

2016
50,187

2017
48,886

2018
330,567

Thereafter
1,615,060

Total
2,102,342

Debt discount
(34,793
)
Debt premium
7,607

Total, including premium and discount
$
2,075,156

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:
 
Three Months Ended 
 September 30, 2014
 
Nine Months Ended 
 September 30, 2014
 
(in thousands)
Interest cost recognized relating to:
 
 
 
  Contractual interest coupon
$
1,719

 
$
2,444

  Amortization of debt discount
1,089

 
1,465

  Amortization of debt issuance costs
334

 
453

Total interest cost recognized on the notes
$
3,142

 
$
4,362