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Long-Term Debt and Other Borrowing Arrangements (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Carrying Values of Long-Term Debt and Other Borrowing Arrangements

The carrying values of our long-term debt and other borrowing arrangements were as follows:

 

     December 31,  
     2015      2014  
     (In thousands)  

Revolving credit agreement due 2018

   $ 50,000       $ —     

Variable rate term loan due 2020

     243,965         246,375   

Senior subordinated notes:

     

5.25% Senior subordinated notes due 2024

     200,000         200,000   

5.50% Senior subordinated notes due 2023

     553,835         616,326   

5.50% Senior subordinated notes due 2022

     700,000         700,000   

9.25% Senior subordinated notes due 2019

     5,221         5,221   
  

 

 

    

 

 

 

Total senior subordinated notes

     1,459,056         1,521,547   
  

 

 

    

 

 

 

Total debt and other borrowing arrangements

     1,753,021         1,767,922   

Less current maturities of Term Loan

     (2,500      (2,500
  

 

 

    

 

 

 

Long-term debt

   $ 1,750,521       $ 1,765,422   
  

 

 

    

 

 

 
Schedule of Senior Subordinated Notes

the following redemption prices as a percentage of the face amount of the notes:

 

Senior Subordinated Notes due  

2019

   

2022

   

2023

   

2024

 

Year

   Percentage    

Year

   Percentage    

Year

   Percentage    

Year

   Percentage  

2016

     101.542  

2017

     102.750  

2018

     102.750  

2019

     102.625

2017 and thereafter

     100.000  

2018

     101.833  

2019

     101.833  

2020

     101.750
    

2019

     100.917  

2020

     100.917  

2021

     100.875
    

2020 and thereafter

     100.000  

2021 and thereafter

     100.000  

2022 and thereafter

     100.000
Maturities on Outstanding Long-Term Debt and Other Borrowings

Maturities on outstanding long-term debt and other borrowings during each of the five years subsequent to December 31, 2015 are as follows (in thousands):

 

2016

   $ 2,500   

2017

     2,500   

2018

     52,500   

2019

     7,721   

2020

     233,965   

Thereafter

     1,453,835   
  

 

 

 
   $ 1,753,021