Financial Commitments (Tables)

6 Months Ended

Jun. 30, 2022

Debt Disclosure [Abstract]

Long-Term Debt

Long-term debt as reported on the Condensed Consolidated Balance Sheets consisted of the following:

(in thousands)	As of June 30, 2022		As of December 31, 2021
2017 Senior Notes	$	496,757	$	496,244
Term Loan B	405,231		406,335
2020 Revolver	—		27,000
Equipment financing and mortgages	53,409		56,246
Other indebtedness	12,911		7,829
Total debt	968,308		993,654
Less: Current maturities	30,565		24,406
Long-term debt, net	$	937,743	$	969,248

Reconciliation of Outstanding Debt Balance to Reported Debt Balance

The following table reconciles the outstanding debt balances to the reported debt balances as of June 30, 2022 and December 31, 2021:

	As of June 30, 2022						As of December 31, 2021
(in thousands)	Outstanding Debt		Unamortized Discounts and Issuance Costs		Debt, as reported		Outstanding Debt		Unamortized Discounts and Issuance Costs		Debt, as reported
2017 Senior Notes	$	500,000	$	(3,243)	$	496,757	$	500,000	$	(3,756)	$	496,244
Term Loan B	417,563		(12,332)		405,231		419,688		(13,353)		406,335

Summary of Interest Expense as Reported in the Consolidated Statements of Operations

Interest expense as reported in the Condensed Consolidated Statements of Operations consisted of the following:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2022		2021		2022		2021
Cash interest expense:
Interest on 2017 Senior Notes	$	8,594	$	8,593	$	17,188	$	17,187
Interest on Term Loan B	6,085		6,115		12,118		12,209
Interest on 2020 Revolver	130		552		633		673
Interest on Convertible Notes	—		418		—		921
Other interest	479		409		940		890
Total cash interest expense	15,288		16,087		30,879		31,880
Non-cash interest expense:(a)
Amortization of discount and debt issuance costs on Convertible Notes	—		941		—		2,040
Amortization of discount and debt issuance costs on Term Loan B	516		527		1,021		1,066
Amortization of debt issuance costs on 2020 Revolver	141		142		283		284
Amortization of debt issuance costs on 2017 Senior Notes	259		241		513		478
Total non-cash interest expense	916		1,851		1,817		3,868
Total interest expense	$	16,204	$	17,938	$	32,696	$	35,748

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(a)The combination of cash and non-cash interest expense produces effective interest rates that are higher than contractual rates. Accordingly, the effective interest rates for the 2017 Senior Notes and Term Loan B were 7.13% and 6.43%, respectively, for the six months ended June 30, 2022.