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Debt (Tables)
3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
Summary of Debt

The Company’s indebtedness is summarized as follows (in thousands):

 

 

 

March 31,

 

 

December 31,

 

 

 

2016

 

 

2015

 

Senior Secured Credit Facilities:

 

 

 

 

 

 

 

 

Term Loan Facility B3 loans, due 2018

 

$

129,645

 

 

$

129,645

 

Term Loan Facility B4 loans, due 2018

 

 

445,694

 

 

 

445,694

 

Senior Secured Notes, due 2018

 

 

625,000

 

 

 

625,000

 

ABL Facility

 

 

 

 

 

 

Junior Lien Secured Notes, due 2018

 

 

579,837

 

 

 

569,691

 

Senior Unsecured Notes, due 2018

 

 

376,316

 

 

 

376,316

 

International Facility

 

 

 

 

 

 

Capital leases and other financing arrangements

 

 

70,821

 

 

 

68,591

 

Total borrowings

 

 

2,227,313

 

 

 

2,214,937

 

Less: unamortized premium (discount)

 

 

(7,993

)

 

 

(9,030

)

Less: unamortized deferred financing costs

 

 

(31,367

)

 

 

(35,431

)

Less: current portion of capital leases and other financing

   arrangements

 

 

(25,296

)

 

 

(23,333

)

Total long-term borrowings, net of current portion

 

$

2,162,657

 

 

$

2,147,143

 

 

Summary of Carrying Amounts and Estimated Fair Values of Long-Term Debt

The carrying amounts and the estimated fair values of long-term debt as of March 31, 2016 and December 31, 2015 are as follows (in thousands):

 

 

 

March 31, 2016

 

 

December 31, 2015

 

 

 

Carrying value

 

 

Estimated fair value

 

 

Carrying value

 

 

Estimated fair value

 

Term Loan Facility

 

$

568,497

 

 

$

573,576

 

 

$

567,673

 

 

$

570,051

 

Senior Secured Notes

 

 

619,410

 

 

 

643,750

 

 

 

618,616

 

 

 

633,594

 

Junior Lien Secured Notes

 

 

564,027

 

 

 

583,461

 

 

 

551,552

 

 

 

537,646

 

Senior Unsecured Notes

 

 

365,197

 

 

 

372,553

 

 

 

364,043

 

 

 

371,142