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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2024
Fair Value Measurements  
Fair value of debt instruments

As of December 31,

    

2024

    

2023

Effective

Effective

Interest

Carrying

Fair

Interest

Carrying

Fair  

Rate

Value

Value

Rate

Value

Value

(In thousands)

0.75% senior exchangeable notes due January 2024

 

%  

$

$

 

0.84

%  

$

155,529

$

154,989

5.75% senior notes due February 2025

%  

 

 

 

5.97

%  

 

474,092

 

474,120

7.25% senior guaranteed notes due January 2026

%  

 

 

 

7.53

%  

 

555,902

 

535,328

7.375% senior priority guaranteed notes due May 2027

7.74

%  

 

700,000

 

699,916

 

7.72

%  

 

700,000

 

687,526

7.50% senior guaranteed notes due January 2028

7.70

%  

 

389,609

 

362,823

 

7.69

%  

 

389,609

 

334,090

1.75% senior exchangeable notes due June 2029

 

2.27

%  

 

250,000

 

179,548

 

2.26

%  

 

250,000

 

185,383

9.125% senior priority guaranteed notes due January 2030

 

9.40

%  

 

650,000

 

661,401

 

9.40

%  

 

650,000

 

656,871

8.875% senior guaranteed notes due August 2031

 

9.12

%  

 

550,000

 

511,104

 

%  

 

 

$

2,539,609

$

2,414,792

$

3,175,132

$

3,028,307

Less: current portion

629,621

Less: deferred financing costs

34,392

33,992

$

2,505,217

$

2,511,519