XML 22 R31.htm IDEA: XBRL DOCUMENT v2.4.0.8
Debt and Financing (Details) (USD $)
9 Months Ended 12 Months Ended 9 Months Ended 9 Months Ended 0 Months Ended 3 Months Ended 9 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Sep. 30, 2014
Carrying Amount [Member]
Dec. 31, 2013
Carrying Amount [Member]
Sep. 30, 2014
Fair Value [Member]
Dec. 31, 2013
Fair Value [Member]
Dec. 31, 2013
A&R CDA [Member]
Sep. 30, 2014
2014 Term Loan [Domain] [Domain]
Sep. 30, 2014
2014 Term Loan [Domain] [Domain]
Carrying Amount [Member]
Dec. 31, 2013
2014 Term Loan [Domain] [Domain]
Carrying Amount [Member]
Sep. 30, 2014
2014 Term Loan [Domain] [Domain]
Fair Value [Member]
Dec. 31, 2013
2014 Term Loan [Domain] [Domain]
Fair Value [Member]
Dec. 31, 2013
Restructured Term Loan [Member]
Sep. 30, 2014
Restructured Term Loan [Member]
Carrying Amount [Member]
Dec. 31, 2013
Restructured Term Loan [Member]
Carrying Amount [Member]
Sep. 30, 2014
Restructured Term Loan [Member]
Fair Value [Member]
Dec. 31, 2013
Restructured Term Loan [Member]
Fair Value [Member]
Sep. 30, 2014
2014 ABL Facility Credit Agreement [Member]
Carrying Amount [Member]
Dec. 31, 2013
2014 ABL Facility Credit Agreement [Member]
Carrying Amount [Member]
Sep. 30, 2014
2014 ABL Facility Credit Agreement [Member]
Fair Value [Member]
Dec. 31, 2013
2014 ABL Facility Credit Agreement [Member]
Fair Value [Member]
Sep. 30, 2014
Line of Credit [Member]
2014 ABL Facility Credit Agreement [Member]
Sep. 30, 2014
Line of Credit [Member]
ABL facility - Term A [Member]
Dec. 31, 2013
Line of Credit [Member]
ABL facility - Term A [Member]
Sep. 30, 2014
Line of Credit [Member]
ABL facility - Term B [Member]
Dec. 31, 2013
Line of Credit [Member]
ABL facility - Term B [Member]
Sep. 30, 2014
Letter of Credit [Member]
2014 ABL Facility Credit Agreement [Member]
Sep. 30, 2014
Pension Contribution Deferral Obligation [Member]
Dec. 31, 2013
Pension Contribution Deferral Obligation [Member]
Sep. 30, 2014
Senior Notes [Member]
Carrying Amount [Member]
Dec. 31, 2013
Senior Notes [Member]
Carrying Amount [Member]
Sep. 30, 2014
Senior Notes [Member]
Fair Value [Member]
Dec. 31, 2013
Senior Notes [Member]
Fair Value [Member]
Sep. 30, 2014
Senior Notes [Member]
Senior A Notes [Member]
Dec. 31, 2013
Senior Notes [Member]
Senior A Notes [Member]
Feb. 13, 2014
Senior Notes [Member]
Senior B Notes
Sep. 30, 2013
Senior Notes [Member]
Senior B Notes
Sep. 30, 2014
Senior Notes [Member]
Senior B Notes
Sep. 30, 2013
Senior Notes [Member]
Senior B Notes
Jan. 31, 2014
Senior Notes [Member]
Senior B Notes
Dec. 31, 2013
Senior Notes [Member]
Senior B Notes
Sep. 30, 2014
Senior Notes [Member]
6% Senior Convertible Notes [Member]
Dec. 31, 2013
Senior Notes [Member]
6% Senior Convertible Notes [Member]
Sep. 30, 2014
Secured Second A&R CDA [Member]
Sep. 30, 2014
Unsecured Second A&R CD [Member]
Sep. 30, 2014
Lease Financing Obligations [Member]
Dec. 31, 2013
Lease Financing Obligations [Member]
Sep. 30, 2014
Lease Financing Obligations [Member]
Carrying Amount [Member]
Dec. 31, 2013
Lease Financing Obligations [Member]
Carrying Amount [Member]
Sep. 30, 2014
Lease Financing Obligations [Member]
Fair Value [Member]
Dec. 31, 2013
Lease Financing Obligations [Member]
Fair Value [Member]
Sep. 30, 2014
Other Debt Obligations [Member]
Dec. 31, 2013
Other Debt Obligations [Member]
Sep. 30, 2014
Other Debt Obligations [Member]
Carrying Amount [Member]
Dec. 31, 2013
Other Debt Obligations [Member]
Carrying Amount [Member]
Sep. 30, 2014
Other Debt Obligations [Member]
Fair Value [Member]
Dec. 31, 2013
Other Debt Obligations [Member]
Fair Value [Member]
Debt Instrument [Line Items]                                                                                                                    
Long-term Debt, Gross $ 1,116,800,000   $ 1,361,300,000           $ 694,800,000         $ 298,100,000                 $ 0 [1]   $ 105,000,000   $ 219,900,000     $ 124,200,000           $ 177,800,000     $ 17,300,000.0     $ 69,200,000   $ 69,400,000 $ 47,800,000 $ 73,200,000 $ 283,500,000 $ 297,500,000         $ 200,000 $ 200,000        
Premium/(Discount), Debt (7,300,000)   2,100,000           (6,100,000)         37,700,000                 0 [1]   (2,100,000)   (3,900,000)     (200,000)           (17,800,000)     (1,200,000)     (10,500,000)   (1,100,000) 0 0 0 0         0 0        
Book Value 1,109,500,000   1,363,400,000           688,700,000         335,800,000                 0 [1]   102,900,000   216,000,000     124,000,000           160,000,000     16,100,000     58,700,000   68,300,000 47,800,000 73,200,000 283,500,000 297,500,000         200,000 200,000        
Debt Instrument, Gross, Current Maturities                 (7,000,000)                                                           (17,300,000)               (6,500,000) (8,400,000)         (200,000) (200,000)        
Premium/(Discount), Current Maturities                 0                                                           1,200,000               0 0         0 0        
Book Value, Current Maturities (29,800,000)   (8,600,000)           (7,000,000)                                                           (16,100,000)               (6,500,000) (8,400,000)         (200,000) (200,000)        
Par Value, Excluding Current Maturities 1,085,800,000   1,352,700,000                                                                                                              
Debt Instrument, Unamortized Discount (Premium), Net, Noncurrent Maturities 6,100,000   (2,100,000)                                                                                                              
Book Value, Excluding Current Maturities 1,079,700,000   1,354,800,000                                                                                                              
Stated Interest Rate                 8.25%         10.00%                 2.50% [1]   8.50%   11.25%                 10.00%     10.00%     10.00% 6.00% 6.00%                            
Average Effective Interest Rate                 8.45%         0.00%                     15.80%   15.00%     7.30%           18.30%     25.60%     25.60%   15.50% 7.30% 7.30% 11.90% 11.90%                    
Debt conversion price, future period                                                                             $ 18.5334   $ 15.00                                  
Number of shares converted per thousand, future period                                                                             53.9567                                      
Conversion price, debt                                                                             $ 17.5599                                      
Number of shares converted per thousand                                                                             56.9476                                      
Conversion of stock, shares converted                                                                             75,900 1,900,000                                    
Interest Expense, Debt                                                                           6,200,000 400,000 15,200,000                                    
Make Whole Premium                                                                           2,700,000 200,000 6,600,000                                    
Amortization of premiums and discounts on debt 26,500,000 7,500,000                                                                       3,500,000 200,000 8,600,000                                    
Number of shares of common stock upon debt conversion                                                                             982,000                                      
Number of equity instruments convertible, subsequent month                                                                     0       0                                      
Conversion ratio (future period)                                                                             0.0539567                                      
Debt Instrument, Convertible, Conversion Ratio                                                                             0.0569476                                      
Debt Conversion, Converted Instrument, Amount                                                                         50,600,000   1,200,000 29,100,000                                    
Stated Interest Rate, Minimum               3.25%                                                                          3.30% 3.30% 10.00% 10.00%                    
Stated Interest Rate, Maximum               18.30%                                                                          18.30% 18.30% 18.20% 18.20%                    
Borrowing Base                                             448,400,000 0 156,500,000    219,900,000                                                              
Line Of Credit Facility, Total Cash and Availability                                             75,500,000                                                                      
line of credit facility, Total Availability                                                 51,500,000   0                                                              
Letters of Credit Outstanding, Amount                                                       372,900,000                                                            
Line Of Credit Facility, Total Able to Be Drawn                                             31,500,000                                                                      
Capacity                                               0 175,000,000    219,900,000                                                              
Long-term Debt, Fair Value       $ 1,109,500,000 $ 1,363,400,000 $ 1,135,500,000 $ 1,318,400,000     $ 688,700,000 $ 0 $ 701,700,000 $ 0   $ 0 $ 335,800,000 $ 0 $ 289,200,000 $ 0 $ 318,900,000 $ 0 $ 326,100,000                 $ 16,100,000 $ 218,700,000 $ 20,800,000 $ 225,800,000                             $ 283,500,000 $ 297,500,000 $ 290,600,000 $ 297,500,000     $ 121,200,000 $ 192,500,000 $ 122,400,000 $ 179,800,000
[1] As of September 30, 2014, the borrowing base and availability on our New ABL Facility were $448.4 million and $75.5 million, respectively. The availability is calculated in accordance with the terms of the New ABL Facility and is derived by reducing the borrowing base by our $372.9 million of outstanding letters of credit as of September 30, 2014. The amount which is actually able to be drawn is limited by certain financial covenants in the New ABL Facility to $31.5 million.