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Debt (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Components of Total Debt

Total debt consisted of the following (in thousands):

 

 

 

 

 

 

 

Interest rate at

 

 

 

 

December 31,

 

 

January 2,

 

Debt Description

 

Maturity

 

 

December 31, 2016

 

 

 

 

2016

 

 

2016

 

ABL Facility

 

October 20, 2020

 

 

 

3.14

 

%

 

 

$

30,000

 

 

$

 

2012 ABS Facility

 

September 30, 2018

 

 

 

1.88

 

 

 

 

 

645,000

 

 

 

586,000

 

Amended and Restated 2016 Term Loan

   (net of $13,318 of unamortized deferred

   financing costs)

 

June 27, 2023

 

 

3.75

 

 

 

 

 

2,175,682

 

 

 

 

Amended 2011 Term Loan (net of

   $9,848 of unamortized deferred

   financing costs)

 

 

 

 

 

 

 

 

 

 

 

 

 

2,037,652

 

2016 Senior Notes (net of $7,185 of

   unamortized deferred financing costs)

 

June 15, 2024

 

 

 

5.88

 

 

 

 

 

592,815

 

 

 

 

Old Senior Notes (net of $13,441 of

   unamortized deferred financing costs)

 

 

 

 

 

 

 

 

 

 

 

 

 

1,334,835

 

CMBS Fixed Facility (net of $1,473 of

   unamortized deferred financing costs)

 

 

 

 

 

 

 

 

 

 

 

 

 

470,918

 

Obligations under capital leases

 

2018–2025

 

 

2.36 - 6.18

 

 

 

 

 

305,544

 

 

 

270,406

 

Other debt

 

2018–2031

 

 

5.75 -9.00

 

 

 

 

 

32,672

 

 

 

33,325

 

Total debt

 

 

 

 

 

 

 

 

 

 

 

 

3,781,713

 

 

 

4,733,136

 

Add unamortized premium

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11,652

 

Current portion of long-term debt

 

 

 

 

 

 

 

 

 

 

 

 

(75,962

)

 

 

(62,639

)

Long-term debt

 

 

 

 

 

 

 

 

 

 

 

$

3,705,751

 

 

$

4,682,149

 

 

Principal Payments on Outstanding Debt

Principal payments to be made on outstanding debt as of December 31, 2016, were as follows (in thousands):

 

2017

 

$

75,962

 

2018

 

 

743,122

 

2019

 

 

76,637

 

2020

 

 

100,146

 

2021

 

 

59,017

 

Thereafter

 

 

2,747,332

 

 

 

$

3,802,216