XML 27 R16.htm IDEA: XBRL DOCUMENT v3.5.0.2
Debt (Tables)
6 Months Ended
Jun. 30, 2016
Debt Disclosure [Abstract]  
Component of Debt

At June 30, 2016 and December 31, 2015, debt consisted of the following (in thousands):

 

 

 

June 30, 2016

 

 

December 31, 2015

 

Senior secured credit facilities, weighted-average interest rate

   of 3.91% and 3.94%, respectively

 

$

2,064,675

 

 

$

2,220,000

 

5.875% senior notes due 2023

 

 

600,000

 

 

 

600,000

 

Unamortized original issue discount and debt issuance costs

 

 

(63,826

)

 

 

(68,649

)

 

 

 

2,600,849

 

 

 

2,751,351

 

Less current portion of long-term debt

 

 

30,878

 

 

 

32,281

 

Long-term debt

 

$

2,569,971

 

 

$

2,719,070

 

 

Schedule of Carrying Amounts and Fair Values of Financial Instruments

The carrying amounts and fair values of financial instruments are as follows (in thousands):

 

 

 

June 30, 2016

 

 

December 31, 2015

 

 

 

Carrying

 

 

Fair

 

 

Carrying

 

 

Fair

 

 

 

Amount

 

 

Value

 

 

Amount

 

 

Value

 

Financial liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Senior secured credit facilities

 

$

2,064,675

 

 

$

2,059,770

 

 

$

2,220,000

 

 

$

2,202,105

 

5.875% senior notes due 2023

 

 

600,000

 

 

 

613,500

 

 

 

600,000

 

 

 

616,500