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Debt
3 Months Ended
Mar. 31, 2012
Debt [Abstract]  
Debt

Note 5. Debt

Long-term debt consists of:

  March 31,
2012
December 31,
2011
Credit facility debt: (a)        
Term A Facility $ 975,426 $ 1,025,065
Term B Facility   578,671   579,781
Senior Notes   686,671   686,434
    2,240,768   2,291,280
Less: current portion   5,950   5,950
Total $ 2,234,818 $ 2,285,330

 

(a) The $500,000 revolving credit facility remains undrawn at March 31, 2012. Total undrawn revolver commitments are available to be drawn for general corporate purposes of the Company.

During the three months ended March 31, 2012, the Company voluntarily prepaid $50,000 under the Term

A Facility. This voluntary prepayment was applied to the earliest required quarterly installments due, and was in addition to the regularly scheduled quarterly principal payment made under the Term B Facility. As a result of the voluntary prepayment, the next required quarterly installment under the Term A Facility will be due on June 30, 2014 in the amount of $19,500. The Company wrote-off $312 of deferred financing costs associated with the voluntary prepayment during the three months ended March 31, 2012.