XML 37 R24.htm IDEA: XBRL DOCUMENT v3.23.2
Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Summary of Long-Term Debt, Net

Long-term debt, net, as of June 30, 2023 and December 31, 2022 consisted of the following:

 

 

June 30,

 

 

December 31,

 

 

 

2023

 

 

2022

 

 

 

(In thousands)

 

Term B Loans (effective interest rate of 8.25% and 7.44% at June 30, 2023 and December 31, 2022, respectively)

 

$

1,179,000

 

 

$

1,185,000

 

Senior Notes due 2029 (interest rate of 5.25%)

 

 

725,000

 

 

 

725,000

 

First-Priority Senior Secured Notes due 2025 (interest rate of 8.75%)

 

 

227,500

 

 

 

227,500

 

Total long-term debt

 

 

2,131,500

 

 

 

2,137,500

 

Less: unamortized discounts and debt issuance costs

 

 

(23,363

)

 

 

(26,441

)

Less: current maturities

 

 

(12,000

)

 

 

(12,000

)

Total long-term debt, net

 

$

2,096,137

 

 

$

2,099,059

 

Summary of Long-Term Debt Repayable

Long-term debt at June 30, 2023 is repayable as follows and does not include the impact of any future voluntary prepayments:

 

Years Ending December 31:

 

(In thousands)

 

Remainder of 2023

 

$

6,000

 

2024

 

 

12,000

 

2025

 

 

239,500

 

2026

 

 

12,000

 

2027

 

 

12,000

 

Thereafter

 

 

1,850,000

 

Total

 

$

2,131,500