Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2021

Debt Disclosure [Abstract]

Summary of Long-Term Debt

Long-term debt, net, as of September 30, 2021 and December 31, 2020 consisted of the following:

	September 30,			December 31,
	2021			2020
	(In thousands)
Term B Loans (effective interest rate of 3.50% at September 30, 2021)	$	1,200,000		$	—
Term B-5 Loans (effective interest rate of 3.75% at December 31, 2020)		—			1,492,378
Senior Notes due 2029 (interest rate of 5.25%)		725,000			—
First-Priority Senior Secured Notes due 2025 (interest rate of 8.75%)		227,500			227,500
Second-Priority Senior Secured Notes due 2025 (interest rate of 9.50%)		—			500,000
Total long-term debt		2,152,500			2,219,878
Less: unamortized discounts and debt issuance costs		(34,134	)		(27,236	)
Less: current maturities		(12,000	)		(15,505	)
Total long-term debt, net	$	2,106,366		$	2,177,137

Summary of Long-Term Debt Repayable

As of September 30, 2021, SEA was in compliance with all covenants contained in the documents governing the Debt Agreements.

Long-term debt at September 30, 2021 is repayable as follows and does not include the impact of any future voluntary prepayments.

Years Ending December 31:	(In thousands)
Remainder of 2021	$	3,000
2022		12,000
2023		12,000
2024		12,000
2025		239,500
Thereafter		1,874,000
Total	$	2,152,500