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Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2016
Derivative Financial Instruments  
Notional Amounts, Weighted-Average Fixed Rates, And Terms Associated With The Company's Interest Rate Swaps

 

 

 

 

 

 

 

 

 

 

 

 

 

Notional Amounts

 

Weighted Average Fixed Rate

 

Notional Amounts

 

Weighted Average Fixed Rate

 

 

U.S.

 

U.S.

 

U.K.

 

U.K.

 

Term 

(In millions)

 

 

 

 

(In millions)

 

 

 

 

 

$

1,000

 

2.53

%  

 

£

550

 

0.82

%  

 

January 1, 2017 – December 31, 2017

$

1,150

 

2.17

%  

 

£

550

 

0.82

%  

 

January 1, 2018 – December 31, 2018

$

1,000

 

2.06

%  

 

£

550

 

0.90

%  

 

January 1, 2019 – December 31, 2019

$

1,000

 

2.06

%  

 

£

500

 

0.94

%  

 

January 1, 2020 – December 31, 2020

$

400

 

1.46

%  

 

£

500

 

0.94

%  

 

January 1, 2021 – December 31, 2021

$

400

 

1.46

%  

 

£

500

 

0.94

%  

 

January 1, 2022 – December 31, 2022

 

Schedule Of Derivatives, Location In Consolidated Balance Sheets

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2016

 

December 31, 2015

Asset (Liability) Derivative Instruments

  

Balance Sheet Location

 

Fair Value

 

Balance Sheet Location

 

Fair Value

 

 

 

 

(In thousands) 

 

 

 

(In thousands) 

Derivatives Designated as Hedging Instruments:

 

 

 

 

 

 

 

 

 

 

Interest rate swap contracts

 

Prepaid expenses, deferred costs, and other noncurrent assets

 

$

14,137

 

Prepaid expenses, deferred costs, and other noncurrent assets

 

$

 —

Interest rate swap contracts

 

Current portion of other long-term liabilities

 

 

(16,533)

 

Current portion of other long-term liabilities

 

 

(23,327)

Interest rate swap contracts

 

Other long-term liabilities

 

 

(14,456)

 

Other long-term liabilities

 

 

(21,872)

Total Derivatives

 

 

 

$

(16,852)

 

 

 

$

(45,199)

 

Effects Of The Derivative Contracts On Consolidated Statements Of Operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

Derivatives in Cash Flow Hedging Relationship

 

Amount of Loss Recognized in Accumulated Other Comprehensive Loss on Derivative Instruments (Effective Portion)

 

Location of Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)

 

Amount of Loss Reclassified from Accumulated Other Comprehensive Loss into Income (Effective Portion)

 

 

2016

 

2015

 

 

 

2016

 

2015

 

 

(In thousands)

 

 

 

(In thousands)

Interest rate swap contracts

 

$

(12,580)

 

$  

(28,173)

 

Cost of ATM operating revenues

 

$

(28,570)

 

$

(34,231)