XML 38 R22.htm IDEA: XBRL DOCUMENT v3.2.0.727
Debt (Tables)
6 Months Ended
Jun. 30, 2015
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long-term debt consisted of the following as of June 30, 2015 and December 31, 2014:
 
 
June 30,
2015
 
December 31,
2014
 
 
(In thousands)
Long-term debt
 
 
 
 
     Deferred purchase payment due 2015
 

$—

 

$150,000

     Unamortized discount for deferred purchase payment
 

 
(1,100
)
     Senior Secured Revolving Credit Facility due 2018
 
117,000

 

     8.625% Senior Notes due 2018
 

 
600,000

     Unamortized discount for 8.625% Senior Notes
 

 
(3,444
)
     7.50% Senior Notes due 2020
 
600,000

 
600,000

     Unamortized premium for 7.50% Senior Notes
 
1,360

 
1,465

6.25% Senior Notes due 2023
 
650,000

 

     Other long-term debt due 2028
 
4,425

 
4,425

          Total long-term debt
 

$1,372,785

 

$1,351,346

Interest and Commitment Fee Rates
The Company also incurs commitment fees as set forth in the table below on the unused portion of lender commitments, and which are included as a component of interest expense.
Ratio of Outstanding Borrowings and Letters of Credit to Lender Commitments
 
Applicable
Margin for
Base Rate
Loans
 
Applicable
Margin for Eurodollar
Loans
 
Commitment Fee
Less than 25%
 
0.50%
 
1.50%
 
0.375%
Greater than or equal to 25% but less than 50%
 
0.75%
 
1.75%
 
0.375%
Greater than or equal to 50% but less than 75%
 
1.00%
 
2.00%
 
0.500%
Greater than or equal to 75% but less than 90%
 
1.25%
 
2.25%
 
0.500%
Greater than or equal to 90%
 
1.50%
 
2.50%
 
0.500%