XML 81 R70.htm IDEA: XBRL DOCUMENT v3.22.4
Debt - Narrative (Details) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended 2 Months Ended 12 Months Ended
Aug. 19, 2021
Jan. 20, 2021
Jan. 04, 2021
Jul. 29, 2020
Jan. 31, 2021
Dec. 31, 2020
Oct. 31, 2020
Jul. 31, 2020
May 31, 2020
Feb. 28, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Aug. 16, 2021
Nov. 30, 2019
Mar. 31, 2019
Debt Instrument [Line Items]                                
Interest expense                     $ 112,400 $ 97,900 $ 42,000      
Repayment of loan                     20,000 827,271 547,480      
Write-off due to debt refinancing                     0 4,054 5,316      
Gross long-term debt                     2,215,000          
Proceeds from borrowings on long-term debt and lines of credit                     0 1,165,000 591,275      
Deferred financing costs           $ 13,710         28,229 33,463 13,710      
Gain (loss) on extinguishment of debt                     0 (16,135) 0      
Number of shares in Consideration Unit (in shares)                 1              
Number of shares under Put/Call Option and Consent Agreement (in shares)             1,898,967                  
Minimum fixed purchase price (in dollars per share)             $ 14.50                  
Minimum variable price, as percent of weighted average price             85.00%                  
Sales price (in dollars per share)             $ 15.76                  
Equity impact resulting from the Put/Call Agreement           $ (29,900)             (29,927)      
Retained earnings (Accumulated deficit)                                
Debt Instrument [Line Items]                                
Equity impact resulting from the Put/Call Agreement                         2,694      
Secured term loan                                
Debt Instrument [Line Items]                                
Borrowing capacity   $ 800,000                            
Gross long-term debt                     $ 765,000 785,000        
Credit facility interest rate                     6.13%          
Secured term loan | First Specified Repayment Period                                
Debt Instrument [Line Items]                                
Quarterly principal repayments                     $ 5,000          
Secured term loan | Second Specified Repayment Period                                
Debt Instrument [Line Items]                                
Quarterly principal repayments                     10,000          
Revolving Credit Loans 2021                                
Debt Instrument [Line Items]                                
Borrowing capacity   450,000                            
Revolver balance                     0          
Proceeds from borrowings on long-term debt and lines of credit                       365,000        
Remaining maximum borrowings available                     432,600          
Revolving Credit Loans 2021 | Subsequent Event                                
Debt Instrument [Line Items]                                
Proceeds from borrowings on long-term debt and lines of credit                   $ 25,000            
Letter Of Credit 2021                                
Debt Instrument [Line Items]                                
Borrowing capacity   $ 55,000                            
Credit Agreement 2021                                
Debt Instrument [Line Items]                                
Repayment of loan         $ 301,900                      
Financing costs                       7,600        
Write-off due to debt refinancing                       2,100        
Credit Agreement 2021 | Minimum                                
Debt Instrument [Line Items]                                
Commitment fee (as a percent)   0.25%                            
Credit Agreement 2021 | Minimum | London Interbank Offered Rate (LIBOR)                                
Debt Instrument [Line Items]                                
Applicable margin   1.50%                            
Credit Agreement 2021 | Maximum                                
Debt Instrument [Line Items]                                
Commitment fee (as a percent)   0.50%                            
Credit Agreement 2021 | Maximum | London Interbank Offered Rate (LIBOR)                                
Debt Instrument [Line Items]                                
Applicable margin   3.25%                            
Senior Unsecured Notes 5.125 Per Cent Due 2030                                
Debt Instrument [Line Items]                                
Debt interest rate 5.125%                         5.125%    
Face amount $ 600,000                              
Deferred financing costs $ 11,100                              
Senior Unsecured Notes 5.125 Per Cent Due 2030 | Debt Instrument, Redemption, Period Two                                
Debt Instrument [Line Items]                                
Redemption price 102.563%                              
Senior Unsecured Notes 5.125 Per Cent Due 2030 | Debt Instrument, Redemption, Period Three                                
Debt Instrument [Line Items]                                
Redemption price 101.281%                              
Senior Unsecured Notes 5.125 Per Cent Due 2030 | Debt Instrument, Redemption, Period Four                                
Debt Instrument [Line Items]                                
Redemption price 100.00%                              
Senior Unsecured Notes 5.125 Per Cent Due 2030 | Debt Instrument, Redemption, Period One                                
Debt Instrument [Line Items]                                
Redemption price 100.00%                              
Percentage redeemed 40.00%                              
Percentage of proceeds from equity offerings 105.125%                              
Term Loan 2020                                
Debt Instrument [Line Items]                                
Face amount               $ 250,000                
Term Loan 2020 | Minimum | London Interbank Offered Rate (LIBOR)                                
Debt Instrument [Line Items]                                
Applicable margin               2.50%                
Term Loan 2020 | Maximum | London Interbank Offered Rate (LIBOR)                                
Debt Instrument [Line Items]                                
Applicable margin               3.75%                
Revolving Credit Loans 2020                                
Debt Instrument [Line Items]                                
Borrowing capacity               $ 200,000                
Revolving Credit Loans 2020 | Minimum                                
Debt Instrument [Line Items]                                
Commitment fee (as a percent)               0.25%                
Revolving Credit Loans 2020 | Maximum                                
Debt Instrument [Line Items]                                
Commitment fee (as a percent)               0.50%                
Credit Agreement 2020                                
Debt Instrument [Line Items]                                
Repayment of loan         $ 301,900                      
Financing costs               $ 2,700                
Term loan and revolver                                
Debt Instrument [Line Items]                                
Write-off due to debt refinancing                         $ 5,300      
Revolver Letter Of Credit Sublimit Maturing July 2025                                
Debt Instrument [Line Items]                                
Gross long-term debt                     17,400          
Senior unsecured notes                                
Debt Instrument [Line Items]                                
Debt interest rate     4.625%                          
Face amount     $ 500,000                          
Gross long-term debt                     $ 1,450,000 1,450,000        
Percentage redeemed     40.00%                          
Percentage of proceeds from equity offerings     104.625%                          
Deferred financing costs     $ 10,400                          
Senior unsecured notes | Debt Instrument, Redemption, Period Two                                
Debt Instrument [Line Items]                                
Redemption price     102.313%                          
Senior unsecured notes | Debt Instrument, Redemption, Period Three                                
Debt Instrument [Line Items]                                
Redemption price     101.156%                          
Senior unsecured notes | Debt Instrument, Redemption, Period Four                                
Debt Instrument [Line Items]                                
Redemption price     100.00%                          
Senior unsecured notes | Debt Instrument, Redemption, Period One                                
Debt Instrument [Line Items]                                
Redemption price     100.00%                          
Senior Notes 6.125 Percent Due 2028                                
Debt Instrument [Line Items]                                
Debt interest rate       6.125%                        
Face amount       $ 350,000                        
Percentage redeemed       40.00%                        
Percentage of proceeds from equity offerings       106.125%                        
Deferred financing costs       $ 8,400                        
Senior Notes 6.125 Percent Due 2028 | Debt Instrument, Redemption, Period Two                                
Debt Instrument [Line Items]                                
Redemption price       103.063%                        
Senior Notes 6.125 Percent Due 2028 | Debt Instrument, Redemption, Period Three                                
Debt Instrument [Line Items]                                
Redemption price       102.042%                        
Senior Notes 6.125 Percent Due 2028 | Debt Instrument, Redemption, Period Four                                
Debt Instrument [Line Items]                                
Redemption price       101.021%                        
Senior Notes 6.125 Percent Due 2028 | Debt Instrument, Redemption, Period One                                
Debt Instrument [Line Items]                                
Redemption price       100.00%                        
Senior Notes 6.125 Percent Due 2028 | Debt Instrument, Redemption, Period Five                                
Debt Instrument [Line Items]                                
Redemption price       100.00%                        
Note payable                                
Debt Instrument [Line Items]                                
Face amount                             $ 100,000  
Note payable | Period starting on the closing date and ending on the seventh anniversary                                
Debt Instrument [Line Items]                                
Debt interest rate                             12.00%  
Promissory Note From Members Interest                                
Debt Instrument [Line Items]                                
Face amount                             $ 43,500 $ 100,000
Notes Payable, Other Payables                                
Debt Instrument [Line Items]                                
Write-off due to debt refinancing                       2,000        
Gross long-term debt                       143,500        
Gain (loss) on extinguishment of debt                       $ (16,200)        
Make-whole premium, as a percent                       10.00%