XML 49 R38.htm IDEA: XBRL DOCUMENT v3.21.2
Long-term Debt - Additional Information (Detail)
1 Months Ended 3 Months Ended 9 Months Ended
Jun. 14, 2021
USD ($)
Feb. 28, 2021
USD ($)
d
$ / shares
Dec. 31, 2020
USD ($)
d
$ / shares
Sep. 30, 2021
USD ($)
d
Sep. 30, 2021
USD ($)
shares
Senior Secured Notes Due Twenty Twenty Eight          
Debt Instrument [Line Items]          
Aggregate principal amount $ 500,000,000.0        
Interest rate, fixed percentage 6.125%        
Periodic payment description         The 2028 Secured Notes bear interest at a fixed rate of 6.125% per annum, payable semiannually in arrears on June 15 and December 15 of each year, beginning on December 15, 2021.
Proceeds from debt $ 487,200,000        
Latest date through which Company may redeem some or all of the 2028 secured notes Jun. 15, 2024        
Debt instrument, redemption description At any time and from time to time prior to June 15, 2024, the Company may redeem some or all of the 2028 Secured Notes at a redemption price equal to 100% of the principal amount of the 2028 Secured Notes being redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date, plus a “make-whole” premium as set forth in the 2028 Secured Notes Indenture. At any time and from time to time on or after June 15, 2024, the Company may redeem some or all of the 2028 Secured Notes at the redemption prices described in the Indenture, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. At any time prior to June 15, 2024, but not more than once during each consecutive twelve-month period, the Company may redeem up to 10% of the aggregate principal amount of the 2028 Secured Notes at a redemption price equal to 103% of the principal amount of the 2028 Secured Notes being redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. At any time prior to June 15, 2024, the Company may redeem, on one or more occasions, up to 40% of the aggregate principal amount of the 2028 Secured Notes with the proceeds of certain equity offerings, at a redemption price equal to 106.125% of the principal amount of the 2028 Secured Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date.     If the Company experiences a Change of Control or Fundamental Change (each as defined in the 2028 Secured Notes Indenture), the Company may be required to offer to repurchase the 2028 Secured Notes at a purchase price equal to 101% of their principal amount plus accrued and unpaid interest, if any, to, but excluding, the repurchase date. In certain circumstances, the Company must use certain of the proceeds from a sale of assets to make an offer to repurchase 2028 Secured Notes at a purchase price equal to 100% of their principal amount, plus accrued and unpaid interest, if any, to, but excluding, the repurchase date.        
Convertible Senior Notes due 2025          
Debt Instrument [Line Items]          
Aggregate principal amount     $ 650,000,000.0    
Interest rate, fixed percentage     0.75%    
Periodic payment description     The 2025 Convertible Notes are senior unsecured obligations of the Company and bear interest at a fixed rate of 0.750% per annum, payable semiannually in arrears on June 15 and December 15 of each year, beginning on June 15, 2021.    
Payment start date     Jun. 15, 2021    
Debt instrument, maturity date     Dec. 15, 2025    
Proceeds from debt     $ 634,700,000    
Customary offering expense     $ 15,300,000    
Effective interest rate percentage     1.23%    
Total Interest Expense       $ 0 $ 2,500,000
Convertible Senior Notes due 2025 | Fundamental Change          
Debt Instrument [Line Items]          
Debt instrument, redemption price, percentage of principal amount redeemed     100.00%    
Convertible Senior Notes due 2025 | Events of Default          
Debt Instrument [Line Items]          
Percentage of principal accrued and unpaid interest     100.00%    
Convertible Senior Notes due 2025 | Minimum | Events of Default          
Debt Instrument [Line Items]          
Minimum percentage principal amount of holders required to declare the principal of, and accrued and unpaid interest, on Notes is due and payable upon an event of default     25.00%    
Convertible Senior Notes due 2025 | Class A          
Debt Instrument [Line Items]          
Initial conversion rate     2.5126    
Price per share | $ / shares     $ 1,000    
Initial conversion price | $ / shares     $ 397.99    
Number of shares convertible from notes | shares         1,633,190
Convertible Senior Notes due 2025 | Class A | Early Conversion by Noteholders before June 15, 2025          
Debt Instrument [Line Items]          
Debt instrument, convertible, trading days | d     5    
Debt instrument, convertible, consecutive trading days | d     5    
Trading price per share | $ / shares     $ 1,000    
Convertible Senior Notes due 2025 | Class A | Redeemable by Company after December 20, 2023          
Debt Instrument [Line Items]          
Debt instrument, convertible, earliest date     Dec. 20, 2023    
Debt instrument, convertible, trading days | d     20    
Debt instrument, convertible, consecutive trading days | d     30    
Debt instrument, redemption price, percentage of principal amount redeemed     100.00%    
Convertible Senior Notes due 2025 | Class A | Early Conversion by Noteholders before June 15, 2025          
Debt Instrument [Line Items]          
Debt instrument, convertible, earliest date     Apr. 01, 2021    
Debt instrument, convertible, trading days | d     20 20  
Debt instrument, convertible, consecutive trading days | d     30 30  
Convertible Senior Notes due 2025 | Class A | Minimum          
Debt Instrument [Line Items]          
Conversion price percentage applicable trading days       130.00%  
Convertible Senior Notes due 2025 | Class A | Minimum | Redeemable by Company after December 20, 2023          
Debt Instrument [Line Items]          
Conversion price percentage applicable trading days     130.00%    
Convertible Senior Notes due 2025 | Class A | Minimum | Early Conversion by Noteholders before June 15, 2025          
Debt Instrument [Line Items]          
Conversion price percentage applicable trading days     130.00%    
Convertible Senior Notes due 2025 | Class A | Maximum [Member] | Early Conversion by Noteholders before June 15, 2025          
Debt Instrument [Line Items]          
Conversion price percentage applicable trading days     98.00%    
Convertible Senior Notes due 2027          
Debt Instrument [Line Items]          
Aggregate principal amount   $ 1,050,000,000.000      
Interest rate, fixed percentage   0.00%      
Periodic payment description   The 2027 Convertible Notes are senior unsecured obligations of the Company and do not bear regular interest. However, holders of the 2027 Convertible Notes may receive special interest under specified circumstances as outlined in the indenture relating to the issuance of the 2027 Convertible Notes (the “2027 Convertible Notes Indenture”). Any special interest is payable semiannually in arrears on February 15 and August 15 of each year, beginning on August 15, 2021      
Payment start date   Aug. 15, 2021      
Debt instrument, maturity date   Feb. 15, 2027      
Proceeds from debt         $ 1,026,000,000.000
Customary offering expense       $ 24,200,000 $ 24,200,000
Effective interest rate percentage       0.39% 0.39%
Convertible Senior Notes due 2027 | Fundamental Change          
Debt Instrument [Line Items]          
Debt instrument, redemption price, percentage of principal amount redeemed   100.00%      
Convertible Senior Notes due 2027 | Events of Default          
Debt Instrument [Line Items]          
Percentage of principal accrued and unpaid interest   100.00%      
Convertible Senior Notes due 2027 | Minimum          
Debt Instrument [Line Items]          
Conversion price percentage applicable trading days   130.00%      
Convertible Senior Notes due 2027 | Minimum | Events of Default          
Debt Instrument [Line Items]          
Minimum percentage principal amount of holders required to declare the principal of, and accrued and unpaid interest, on Notes is due and payable upon an event of default   25.00%      
Convertible Senior Notes due 2027 | Class A          
Debt Instrument [Line Items]          
Initial conversion rate   0.6981      
Price per share | $ / shares   $ 1,000      
Initial conversion price | $ / shares   $ 1,432.46      
Number of shares convertible from notes | shares         733,005
Convertible Senior Notes due 2027 | Class A | Early Conversion by Noteholders before August 15, 2026          
Debt Instrument [Line Items]          
Debt instrument, convertible, trading days | d   5      
Debt instrument, convertible, consecutive trading days | d   5      
Trading price per share | $ / shares   $ 1,000      
Convertible Senior Notes due 2027 | Class A | Redeemable by Company after February 20, 2024          
Debt Instrument [Line Items]          
Debt instrument, convertible, earliest date   Feb. 20, 2024      
Debt instrument, convertible, trading days | d   20      
Debt instrument, convertible, consecutive trading days | d   30      
Debt instrument, redemption price, percentage of principal amount redeemed   100.00%      
Convertible Senior Notes due 2027 | Class A | Early Conversion by Noteholders before June 15, 2025          
Debt Instrument [Line Items]          
Debt instrument, convertible, earliest date   Jul. 01, 2021      
Debt instrument, convertible, trading days | d   20      
Debt instrument, convertible, consecutive trading days | d   30      
Convertible Senior Notes due 2027 | Class A | Minimum | Redeemable by Company after February 20, 2024          
Debt Instrument [Line Items]          
Conversion price percentage applicable trading days   130.00%      
Convertible Senior Notes due 2027 | Class A | Minimum | Early Conversion by Noteholders before June 15, 2025          
Debt Instrument [Line Items]          
Conversion price percentage applicable trading days   130.00%      
Convertible Senior Notes due 2027 | Class A | Maximum [Member] | Early Conversion by Noteholders before August 15, 2026          
Debt Instrument [Line Items]          
Conversion price percentage applicable trading days   98.00%      
Convertible Senior Notes due 2027          
Debt Instrument [Line Items]          
Total Interest Expense       $ 0 $ 0
Secured Notes Due Twenty Twenty Eight          
Debt Instrument [Line Items]          
Customary offering expense       $ 12,800,000 $ 12,800,000
Effective interest rate percentage       6.58% 6.58%
Total Interest Expense       $ 0 $ 0
Debt instrument springing maturity date 1 Sep. 15, 2025        
Debt Instrument Maturity Date Nov. 16, 2026        
Secured Notes Due Twenty Twenty Eight | Maximum [Member]          
Debt Instrument [Line Items]          
Springing maturity condition FCCR - aggregate principal of FCCR convertible notes outstanding $ 100,000,000        
Springing maturity condition 1- aggregate principal of 2025 convertible notes outstanding 100,000,000        
Springing maturity condition 2- aggregate principal of 2027 convertible notes outstanding $ 100,000,000        
Secured Notes Due Twenty Twenty Eight | Class A | Minimum          
Debt Instrument [Line Items]          
Springing maturity liquidity 130.00%