Long-Term Debt and Notes Payable (Tables)

3 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Schedule of long-term debt and notes payable

As of March 31, 2022, the Company’s long-term debt and notes payable were as follows:

	Principal Outstanding		Unamortized Premium (Discount)		Unamortized Issuance Costs		Carrying Value		Fair Value
	(in thousands)
6.250% senior notes	$	1,225,000	$	26,131	$	(13,212)	$	1,237,919	$	1,262,118
Credit facilities:
Revolving facility	340,000		—		—		340,000		338,725
Term loan	2,103,437		(5,890)		(6,421)		2,091,126		2,079,773
Other debt, including finance leases	93,961		—		(194)		93,767		93,767
Total debt	$	3,762,398	$	20,241	$	(19,827)	$	3,762,812	$	3,774,383

As of December 31, 2021, the Company’s long-term debt and notes payable were as follows:

	Principal Outstanding		Unamortized Premium (Discount)		Unamortized Issuance Costs		Carrying Value		Fair Value
	(in thousands)
6.250% senior notes	$	1,225,000	$	27,635	$	(13,951)	$	1,238,684	$	1,297,104
Credit facilities:
Revolving facility	160,000		—		—		160,000		159,400
Term loan	2,103,437		(6,386)		(6,961)		2,090,090		2,087,661
Other debt, including finance leases	85,398		—		(215)		85,183		85,183
Total debt	$	3,573,835	$	21,249	$	(21,127)	$	3,573,957	$	3,629,348

Schedule of principal maturities of long-term debt and notes payable

Principal maturities of the Company’s long-term debt and notes payable were approximately as follows:

	2022		2023		2024		2025		2026		Thereafter		Total
	(in thousands)
6.250% senior notes	$	—	$	—	$	—	$	—	$	1,225,000	$	—	$	1,225,000
Credit facilities:
Revolving facility	—		—		340,000		—		—		—		340,000
Term loan	—		4,757		11,150		2,087,530		—		—		2,103,437
Other debt, including finance leases	22,143		31,064		26,081		1,824		1,286		11,563		93,961
Total debt	$	22,143	$	35,821	$	377,231	$	2,089,354	$	1,226,286	$	11,563	$	3,762,398