XML 39 R28.htm IDEA: XBRL DOCUMENT v3.20.1
Debt (Tables)
3 Months Ended
Mar. 31, 2020
Debt Disclosure [Abstract]  
Schedule of debt
The following table summarizes the net presentation of the Company's long-term debt and debt issuance costs on the unaudited consolidated balance sheets as of the dates presented:
 
 
March 31, 2020
 
December 31, 2019
(in thousands)
 
Long-term debt
 
Debt issuance costs, net
 
Long-term debt, net
 
Long-term debt
 
Debt issuance costs, net
 
Long-term debt, net
January 2022 Notes(1)
 
$

 
$

 
$

 
$
450,000

 
$
(2,034
)
 
$
447,966

March 2023 Notes(1)
 

 

 

 
350,000

 
(2,549
)
 
347,451

January 2025 Notes(2)
 
600,000

 
(10,532
)
 
589,468

 

 

 

January 2028 Notes(2)
 
400,000

 
(7,086
)
 
392,914

 

 

 

Senior Secured Credit Facility(3)
 
275,000

 

 
275,000

 
375,000

 

 
375,000

Total
 
$
1,275,000

 
$
(17,618
)
 
$
1,257,382

 
$
1,175,000

 
$
(4,583
)
 
$
1,170,417

______________________________________________________________________________
(1)
During the three months ended March 31, 2020, the Company wrote off debt issuance costs in connection with the extinguishment of the January 2022 Notes and the March 2023 Notes, which are included in "Loss on extinguishment of debt" on the unaudited consolidated statements of operations.
(2)
Debt issuance costs for the January 2025 Notes and January 2028 Notes are amortized on a straight-line basis over the respective terms of the notes.
(3)
Debt issuance costs, net related to the Senior Secured Credit Facility of $4.1 million and $4.5 million as of March 31, 2020 and December 31, 2019, respectively, are reported in "Other noncurrent assets, net" on the unaudited consolidated balance sheets.