XML 43 R45.htm IDEA: XBRL DOCUMENT v3.3.0.814
Debt Arrangements - Additional Information (Detail) - USD ($)
1 Months Ended 3 Months Ended
Mar. 18, 2013
Mar. 13, 2013
Mar. 12, 2013
Nov. 29, 2012
May. 23, 2011
May. 17, 2011
Feb. 28, 2015
Jun. 30, 2014
Mar. 31, 2013
Mar. 31, 2015
Mar. 31, 2014
Dec. 31, 2014
Jun. 21, 2013
Debt Instrument [Line Items]                          
Ownership Percentage                         50.00%
Long term debt, current                   $ 61,123,000   $ 61,123,000  
Cash, restricted cash                   43,550,000   59,560,000  
Long term debt                   1,486,312,000   1,394,077,000  
Non cash additional interest expense on convertible notes                   7,516,000 $ 7,078,000    
Sale of 1.5% Convertible Notes, shares repurchased value                   10,000,000      
Class A Variable Funding Note                          
Debt Instrument [Line Items]                          
Principal amount of long term debt       $ 100,000,000                  
Variable Funding Notes                          
Debt Instrument [Line Items]                          
Commitment fee on the unused portion of the variable funding notes facility             0.50%            
Debt Instrument anticipated repayment year and month             2018-01            
Additional interest rate             5.00%            
Net proceeds received from issuance of debt             $ 100,000,000            
Hardy Way                          
Debt Instrument [Line Items]                          
Ownership Percentage       85.00%                  
MG Icon                          
Debt Instrument [Line Items]                          
Ownership Percentage       50.00%                  
Zoo York brand                          
Debt Instrument [Line Items]                          
Ownership Percentage       100.00%                  
Peanuts Worldwide                          
Debt Instrument [Line Items]                          
Ownership Percentage       80.00%                  
Senior Secured Notes                          
Debt Instrument [Line Items]                          
Principal amount of long term debt       $ 600,000,000           858,800,000     $ 275,000,000
Debt instrument, interest rate, stated percentage       4.229%                 4.352%
Debt Instrument anticipated repayment year and month       2020-01                  
Additional interest rate       5.00%                  
Debt instrument, quarterly payment               $ 1,600,000          
Debt instrument, Maturity Date       2043-01                  
Debt instrument description of interest       If the Co-Issuers have not repaid or refinanced the Senior Secured Notes prior to the anticipated repayment date, additional interest will accrue on the Senior Secured Notes equal to the greater of (A) 5% per annum and (B) a per annum interest rate equal to the excess, if any, by which the sum of (i) the yield to maturity (adjusted to a quarterly bond-equivalent basis), on the anticipated repayment date of the United States treasury security having a term closest to 10 years plus (ii) 5% plus (iii) with respect to the 2012 Senior Secured Notes, 3.4%, or with respect to the 2013 Senior Secured Notes, 3.14%, exceeds the original interest rate.                  
Anticipated repayment date       10 years                  
Excess interest rate on original interest rate       3.40%                  
Long term debt, current                   61,100,000      
Cash, restricted cash                   43,600,000   58,700,000  
Long term debt                   758,750,000   $ 774,030,000  
Senior Secured Notes Due In Twenty Twelve                          
Debt Instrument [Line Items]                          
Debt instrument, quarterly payment       $ 10,500,000                  
Proceeds from issuance of debt instrument       150,400,000                  
Payments of securitized financing transaction       20,900,000                  
Senior Secured Notes Due In Twenty Twelve | Umbro                          
Debt Instrument [Line Items]                          
Payment for the acquisition of Brand       218,300,000                  
Senior Secured Notes Due In Two Thousand Thirteen                          
Debt Instrument [Line Items]                          
Debt instrument, quarterly payment       $ 4,800,000                  
Excess interest rate on original interest rate       3.14%                  
Proceeds from issuance of debt instrument       $ 7,200,000                  
1.50% Convertible Notes                          
Debt Instrument [Line Items]                          
Principal amount of long term debt $ 400,000,000                 $ 400,000,000      
Debt instrument, interest rate, stated percentage 1.50%                 1.50%   1.50%  
Net proceeds received from issuance of debt $ 390,600,000                        
Debt instrument, maturity date Mar. 15, 2018                        
Debt instrument, payment terms The 1.50% Convertible Notes bear interest at an annual rate of 1.50%, payable semi-annually in arrears on March 15 and September 15 of each year, beginning on September 15, 2013.                        
Debt instrument, effective interest rate 6.50%                        
Debt instrument, conversion rate 32.4052                        
Principal amount of each convertible note $ 1,000                        
Convertible notes, initial conversion price per share $ 30.86                        
Debt Instrument, Redemption Price, Percentage                   100.00%      
Debt Instrument, Redemption, Description                   Price equal to 100% of the principal amount of the 1.50% Convertible Notes, plus accrued and unpaid interest, if any.      
Long term debt                   $ 344,113,000 [1]   $ 339,943,000  
Non cash additional interest expense on convertible notes                   3,900,000 3,600,000    
Cash interest expense for convertible notes                   1,500,000 1,500,000    
Sale of 1.5% Convertible Notes, shares repurchased 2,964,000                        
Sale of 1.5% Convertible Notes, shares repurchased value $ 69,000,000                        
Sold warrants, shares of common stock   13,000,000                      
Sold warrants, shares of common stock strike price per share   $ 35.5173                      
Sold warrants, shares of common stock exercise date   Jun. 18, 2018                      
Sold warrants, shares of common stock expiring date   Sep. 01, 2018                      
Proceeds received from sale of sold warrants   $ 57,700,000                      
Adjustments to additional paid in capital due convertible note hedge and warrants                 $ 3,000,000        
Convertible notes, warrant strike price     $ 35.5173                    
Percentage of premiums     52.50%                    
Selling price per share of common stock     $ 23.29                    
1.50% Convertible Notes | Long | Call Option                          
Debt Instrument [Line Items]                          
Convertible notes, common stock option shares 13,000,000                        
Payment for the purchased call option   84,100,000                      
Deferred income tax related to convertible notes   $ 29,400,000               17,400,000      
1.50% Convertible Notes | Semi Annual Payment, First Payment                          
Debt Instrument [Line Items]                          
Debt instrument, interest payment period --03-15                        
1.50% Convertible Notes | Semi Annual Payment, Second Payment                          
Debt Instrument [Line Items]                          
Debt instrument, interest payment period --09-15                        
1.50% Convertible Notes | Minimum                          
Debt Instrument [Line Items]                          
Percentage of closing price of the Company's common stock for at least 20 trading days in the 30 consecutive trading days 130.00%                        
1.50% Convertible Notes | Maximum                          
Debt Instrument [Line Items]                          
Percentage of closing price of the Company's common stock for at least 20 trading days in the 30 consecutive trading days 98.00%                        
2.50% Convertible Notes                          
Debt Instrument [Line Items]                          
Principal amount of long term debt         $ 300,000,000         $ 300,000,000      
Debt instrument, interest rate, stated percentage         2.50%         2.50%   2.50%  
Net proceeds received from issuance of debt         $ 291,600,000                
Debt instrument, payment terms         The 2.50% Convertible Notes bear interest at an annual rate of 2.50%, payable semi-annually in arrears on June 1 and December 1 of each year, beginning December 1, 2011.                
Debt instrument, effective interest rate         7.25%                
Debt instrument, conversion rate         32.5169                
Principal amount of each convertible note         $ 1,000                
Convertible notes, initial conversion price per share         $ 30.75                
Debt Instrument, Redemption Price, Percentage                   100.00%      
Debt Instrument, Redemption, Description                   Purchase price equal to 100% of the principal amount of the 2.50% Convertible Notes, plus accrued and unpaid interest, if any.      
Long term debt                   $ 283,449,000 [2]   $ 280,104,000  
Non cash additional interest expense on convertible notes                   3,000,000 2,800,000    
Cash interest expense for convertible notes                   1,900,000 $ 1,900,000    
Sold warrants, shares of common stock         9,760,000                
Sold warrants, shares of common stock strike price per share         $ 40.6175                
Sold warrants, shares of common stock exercise date         Sep. 01, 2016                
Sold warrants, shares of common stock expiring date         Dec. 31, 2016                
Proceeds received from sale of sold warrants         $ 28,800,000                
Adjustments to additional paid in capital due convertible note hedge and warrants         $ (9,400,000)                
Convertible notes, warrant strike price           $ 40.6175              
Percentage of premiums           75.00%              
Selling price per share of common stock           $ 23.21              
Debt instrument, maturity date, month and year         2016-06                
2.50% Convertible Notes | Long | Call Option                          
Debt Instrument [Line Items]                          
Convertible notes, common stock option shares         9,800,000                
Payment for the purchased call option         $ 58,700,000                
Deferred income tax related to convertible notes         $ 20,600,000         $ 4,900,000      
2.50% Convertible Notes | Semi Annual Payment, First Payment                          
Debt Instrument [Line Items]                          
Debt instrument, interest payment period         --06-01                
2.50% Convertible Notes | Semi Annual Payment, Second Payment                          
Debt Instrument [Line Items]                          
Debt instrument, interest payment period         --12-01                
2.50% Convertible Notes | Minimum                          
Debt Instrument [Line Items]                          
Percentage of closing price of the Company's common stock for at least 20 trading days in the 30 consecutive trading days         130.00%                
2.50% Convertible Notes | Maximum                          
Debt Instrument [Line Items]                          
Percentage of closing price of the Company's common stock for at least 20 trading days in the 30 consecutive trading days         98.00%                
[1] Reflects the net debt carrying amount of the 1.50% Convertible Notes in the consolidated balance sheet as of March 31, 2015, in accordance with accounting for convertible notes. The principal amount owed to the holders of the 1.50% Convertible Notes is $400.0 million.
[2] Reflects the net debt carrying amount of the 2.50% Convertible Notes in the consolidated balance sheet as of March 31, 2015, in accordance with accounting for convertible notes. The principal amount owed to the holders of the 2.50% Convertible Notes is $300.0 million.