XML 24 R42.htm IDEA: XBRL DOCUMENT v3.3.0.814
Long-Term Debt (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Nov. 20, 2014
Dec. 12, 2013
Mar. 21, 2013
Dec. 31, 2013
Oct. 31, 2012
Dec. 31, 2014
Jun. 30, 2015
Sep. 30, 2014
Jul. 31, 2015
Oct. 17, 2012
Oct. 01, 2010
Long-Term Debt                      
Total Long-term Debt             $ 2,111,807 $ 2,099,748      
Less: current portion               (261)      
Long-term debt, net of current portion             2,111,807 2,099,487      
Adjustment made due to new guidance                      
Adjustments                      
Long-term debt               (58,600)      
Other assets               (41,285)      
Other current assets               (17,315)      
Parent Company                      
Long-Term Debt                      
Consent fee       $ 18,560           $ 17,345  
Dividend paid       $ 445,537 $ 721,682            
Term loan B-2                      
Long-Term Debt                      
Principal amount             1,507,500 1,507,500      
Net unamortized premium (discount) on Holdco Notes             (34,731) (45,539)      
Total Long-term Debt             $ 1,472,769 1,461,961      
Face amount of debt     $ 1,507,500                
Portion of excess cash flow (as defined) as part of additional prepayments on term loan (as a percent)             50.00%        
Term loan B-2 | Eurodollar (LIBOR)                      
Long-Term Debt                      
Floor for reference rate (as a percent)             1.00%        
Margin rate over reference rate (as a percent)             2.50%        
Term loan B-2 | Base rate                      
Long-Term Debt                      
Floor for reference rate (as a percent)             2.00%        
Margin rate over reference rate (as a percent)             1.50%        
Notes                      
Long-Term Debt                      
Principal amount             $ 650,000 650,000      
Net unamortized premium (discount) on Holdco Notes             (10,962) (13,061)      
Total Long-term Debt             639,038 636,939      
Face amount of debt                     $ 650,000
Interest rate on debt instrument (as a percent)                     9.00%
Notes | On or after October 1, 2014                      
Long-Term Debt                      
Redemption price as a percentage of principal amount           104.50%          
Notes | On or after October 1, 2015                      
Long-Term Debt                      
Redemption price as a percentage of principal amount           102.25%          
Notes | On and after October 1, 2016 and thereafter                      
Long-Term Debt                      
Redemption price as a percentage of principal amount           100.00%          
Other                      
Long-Term Debt                      
Total Long-term Debt               848      
Revolving credit facility                      
Long-Term Debt                      
Borrowing capacity $ 175,000           175,000 $ 200,000      
Outstanding balance             0        
Letters of credit             4,400        
Net availability             $ 170,600        
Step down percentage upon achievement of a total senior secured leverage ratio (as a percent)             0.25%        
Write off deferred financing cost 359                    
Financing costs capitalized $ 611                    
Unused line fee percentage             0.50%        
Fronting fee Percentage             0.25%        
Revolving credit facility | Subsequent event                      
Long-Term Debt                      
Letters of credit                 $ 6,100    
Revolving credit facility | Eurodollar (LIBOR)                      
Long-Term Debt                      
Margin rate over reference rate (as a percent)             3.25%        
Revolving credit facility | Base rate                      
Long-Term Debt                      
Margin rate over reference rate (as a percent)             2.25%        
Holdco Notes                      
Long-Term Debt                      
Face amount of debt                   550,000  
Holdco Notes | Parent Company                      
Long-Term Debt                      
Face amount of debt   $ 450,000               $ 550,000  
Cash interest rate (as a percent)                   7.75%  
PIK interest (as a percent)                   8.50%  
Cash on hand from Company used to pay transaction fees and expenses and a dividend                   $ 200,000  
Gross proceeds from issuance of debt   460,125                  
Premium on issuance of debt   $ 10,125                  
Holdco Notes | Parent Company | Equal or exceed 75%, but less than 100%                      
Long-Term Debt                      
Percentage of outstanding principal amount in which interest is payable by increasing the principal amount of outstanding notes or by issuing PIK Notes equal to such interest             25.00%        
Percentage of outstanding principal amount in which interest is payable in cash             75.00%        
Holdco Notes | Parent Company | Equal or exceed 50%, but less than 75%                      
Long-Term Debt                      
Percentage of outstanding principal amount in which interest is payable in kind             50.00%        
Percentage of outstanding principal amount in which interest is payable in cash             50.00%        
Holdco Notes | Parent Company | Equal or exceed 25%, but less than 50%                      
Long-Term Debt                      
Percentage of outstanding principal amount in which interest is payable in kind             75.00%        
Percentage of outstanding principal amount in which interest is payable in cash             25.00%        
Holdco Notes | Minimum | Parent Company | Equal or exceed 75%, but less than 100%                      
Long-Term Debt                      
Applicable amount for interest period expressed as a percentage of the aggregate amount of cash interest             75.00%        
Holdco Notes | Minimum | Parent Company | Equal or exceed 50%, but less than 75%                      
Long-Term Debt                      
Applicable amount for interest period expressed as a percentage of the aggregate amount of cash interest             50.00%        
Holdco Notes | Minimum | Parent Company | Equal or exceed 25%, but less than 50%                      
Long-Term Debt                      
Applicable amount for interest period expressed as a percentage of the aggregate amount of cash interest             25.00%        
Holdco Notes | Maximum | Parent Company | Equal or exceed 75%, but less than 100%                      
Long-Term Debt                      
Applicable amount for interest period expressed as a percentage of the aggregate amount of cash interest             100.00%        
Holdco Notes | Maximum | Parent Company | Equal or exceed 50%, but less than 75%                      
Long-Term Debt                      
Applicable amount for interest period expressed as a percentage of the aggregate amount of cash interest             75.00%        
Holdco Notes | Maximum | Parent Company | Equal or exceed 25%, but less than 50%                      
Long-Term Debt                      
Applicable amount for interest period expressed as a percentage of the aggregate amount of cash interest             50.00%        
Holdco Notes | Maximum | Parent Company | Less than 25%                      
Long-Term Debt                      
Applicable amount for interest period expressed as a percentage of the aggregate amount of cash interest             25.00%        
Holdco Notes | On or after November 1, 2014 | Holdings Shareholders                      
Long-Term Debt                      
Redemption price as a percentage of principal amount             102.00%        
Holdco Notes | On or after November 1, 2015 | Holdings Shareholders                      
Long-Term Debt                      
Redemption price as a percentage of principal amount             101.00%        
Holdco Notes | On or after November 1, 2016 and thereafter | Holdings Shareholders                      
Long-Term Debt                      
Redemption price as a percentage of principal amount             100.00%        
Term loan B-1                      
Long-Term Debt                      
Face amount of debt repurchased     1,750,000                
Write off deferred financing cost     4,232                
Call premium on term loan     1,151                
Financing costs capitalized     15,190                
Remaining portion of the call premium capitalized     $ 13,924