XML 95 R49.htm IDEA: XBRL DOCUMENT v2.4.0.6
Long-Term Debt - Additional Information (Detail) (USD $)
12 Months Ended 12 Months Ended 12 Months Ended 1 Months Ended 1 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2011
Senior Secured Credit Facility
Jul. 06, 2011
Senior Secured Credit Facility
Jun. 27, 2011
Senior Secured Credit Facility
Dec. 31, 2011
Senior Secured Credit Facility
Minimum
Dec. 31, 2011
Senior Secured Credit Facility
Required Ratio
Maximum
Point
Dec. 31, 2011
Senior Secured Credit Facility
Required Ratio
Minimum
Point
Dec. 31, 2011
Prior Senior Secured Credit Facility
Jun. 27, 2011
Senior Secured Term Loan A
Senior Secured Credit Facility
Dec. 31, 2011
Senior Secured Term Loan A
Senior Secured Credit Facility
Jun. 27, 2011
Senior Secured Term Loan A
Senior Secured Credit Facility
During Each of the first two years
Jun. 27, 2011
Senior Secured Term Loan A
Senior Secured Credit Facility
During the third year
Jun. 27, 2011
Senior Secured Term Loan A
Senior Secured Credit Facility
During the fourth year
Jun. 27, 2011
Senior Secured Term Loan A
Senior Secured Credit Facility
During the fifth year
Jun. 27, 2011
Senior Secured Term Loan A
Senior Secured Credit Facility
Due at maturity
Jun. 27, 2011
Senior Secured Term Loan A
Senior Secured Credit Facility
Foreign Denominated
Jun. 27, 2011
Senior Secured Term Loan A
Senior Secured Credit Facility
Letter of Credit
Jun. 27, 2011
Senior Secured Term Loan A
Senior Secured Credit Facility
Revolving Line of Credit
Dec. 31, 2011
Senior Secured Revolving Credit Facility
Senior Secured Credit Facility
Dec. 31, 2011
Base Rate
Senior Secured Credit Facility
Dec. 31, 2011
Eurodollar Rate
Senior Secured Credit Facility
Dec. 31, 2009
Prior Senior Secured Revolving Credit Facility
Jan. 22, 2009
Prior Senior Secured Revolving Credit Facility
Maximum
Dec. 31, 2011
8 1/4% Senior Notes due 2015
Dec. 31, 2010
8 1/4% Senior Notes due 2015
Jun. 30, 2010
8 1/4% Senior Notes due 2015
Dec. 31, 2011
6 5/8% Senior Notes due 2021
Dec. 31, 2010
6 5/8% Senior Notes due 2021
Dec. 31, 2011
6 5/8% Senior Notes due 2021
Minimum
Jul. 31, 2011
6 5/8% Senior Notes due 2021
Exchange Offer
Dec. 31, 2011
6 5/8% Senior Notes due 2021
Senior Notes Redeemable Prior To February 1st, 2016
Dec. 31, 2011
6 5/8% Senior Notes due 2021
Senior Notes Redeemable Prior To February 1st, 2014 With Equity Offering Proceeds
Dec. 31, 2011
Senior Secured Convertible Notes due 2033, net of discount
Dec. 31, 2011
Senior Secured Convertible Notes due 2033, net of discount
Minimum
Debt Outstanding [Line Items]                                                                        
Maturities of long-term debt in year one $ 15,000,000                                                                      
Maturities of long-term debt in year two 22,500,000                                                                      
Maturities of long-term debt in year three 37,500,000                                                                      
Maturities of long-term debt in year four 45,000,000                                                                      
Maturities of long-term debt in year five 222,500,000                                                                      
Maturities of long-term debt thereafter 260,100,000                                                                      
Cash used to repay outstanding debt                   120,000,000                                                    
Debt, maturity period                     5 years                                                  
Debt, face value                     300,000,000                         133,500,000               260,000,000        
Debt, repayment of principal terms                     A five-year term loan A in an aggregate principal amount equal to $300.0 million, with principal repayable in quarterly installments at a rate of 5.0% during each of the first two years from issuance, 10% during the third year from issuance, 15% during the fourth year from issuance and 11.25% during the fifth year from issuance, with the remaining 53.75% due at maturity (the "Term Loan A")                                                  
Percentage of the original note exchanged                                                               100.00%        
Repayments of long-term debt 713,667,000 304,845,000 200,134,000             462,200,000                           123,500,000     297,800,000                  
(Loss) gain on extinguishment of debt (16,318,000) (23,873,000) 10,028,000             (3,000,000)                           10,000,000   (13,300,000) (23,900,000)                  
Pre-tax loss on termination of hedge on related interest rate swap                   2,600,000                                                    
Capitalized debt issuance costs 11,695,000   1,335,000             6,600,000                                     5,100,000              
Principal repayment, percentage                         5.00% 10.00% 15.00% 11.25% 53.75%                                      
Line of credit, maturity period                     5 years                                                  
Line of credit, aggregate principal amount                     100,000,000             15,000,000 50,000,000 20,000,000                                
Line of credit, outstanding amount                       50,000,000                                                
Line of credit, incremental facility           150,000,000                                                            
Line of credit available                                         40,100,000                              
Standby letters of credit outstanding       9,900,000                                                                
Percentage of capital stock of foreign subsidiaries pledged as a guarantee       65.00%                                                                
Credit facility, interest rate description       Borrowings under our Senior Secured Credit Facility bear interest, at our option, at either the alternate base rate (defined as the higher of the prime rate announced by the Administrative Agent, the federal funds effective rate plus 0.5% or one-month LIBOR plus 1%) (the “Base Rate”) or at the Eurodollar Rate (one-, two-, three- or six-month LIBOR, at our election, as defined in the credit agreement governing the Senior Secured Credit Facility), except for borrowings made in alternate currencies which may not accrue interest based upon the alternate base rate, in each case, plus an applicable interest rate margin. The applicable margins are initially 0.75% per annum for Base Rate loans and 1.75% per annum for Eurodollar Rate loans. The margins applicable to the borrowings under our Senior Secured Credit Facility may be adjusted based on our consolidated leverage ratio, with 1.00% being the maximum Base Rate margin and 2.00% being the maximum Eurodollar Rate.                                                                
Debt instrument interest additional interest above federal funds effective rate       0.50%                                                                
Debt instrument interest additional interest above one-month LIBOR       1.00%                                                                
Debt, prepayment terms       The Senior Secured Credit Facility also contains a requirement that we make mandatory principal prepayments on the Term Loan A and Revolving Line of Credit in certain circumstances, including, without limitation, with 100% of the aggregate net cash proceeds from certain asset sales, casualty events or condemnation recoveries (in each case, to the extent not otherwise used for reinvestment in our business or related business and subject to certain other exceptions). The Senior Secured Credit Facility further provides that, subject to customary notice and minimum amount conditions, we may make voluntary prepayments without payment of premium or penalty.                                                                
Mandatory principal prepayments from aggregate net cash proceeds from certain asset sales, casualty events or condemnation recoveries, percentage       100.00%                                                                
Debt covenants       Our Senior Secured Credit Facility also requires us to comply with a maximum consolidated leverage ratio, as defined in our Senior Secured Credit Facility (generally, the ratio of our consolidated total debt to consolidated earnings before interest, taxes, depreciation and amortization, or EBITDA, for the most recent four quarters), of 3.50:1.00; and a minimum consolidated interest coverage ratio, as defined in our Senior Secured Credit Facility (generally, the ratio of our consolidated EBITDA to consolidated interest expense for the most recent four quarters), of 3.00:1.00.                                                                
Debt instrument, cross default provision       The indenture governing the 2033 Secured Notes contains a cross-default provision which becomes applicable if we default under any mortgage, indenture or instrument evidencing indebtedness for money borrowed by us and the default results in the acceleration of such indebtedness prior to its express maturity, and the principal amount of any such accelerated indebtedness aggregates in excess of $25.0 million. The 2021 Indenture contains a cross-default provision which becomes applicable if we (a) fail to pay the stated principal amount of any of our indebtedness at its final maturity date, or (b) default under any of our indebtedness and the default results in the acceleration of indebtedness, and, in each case, the principal amount of any such indebtedness, together with the principal amount of any other such indebtedness under which there has been a payment default or the maturity of which has been so accelerated, aggregates $50.0 million or more. Our credit agreement contains a cross-default provision which becomes applicable if we (a) fail to make any payment under any indebtedness for money borrowed by us (other than the obligations under such credit agreement) in an aggregate outstanding principal amount of at least $50.0 million or, (b) otherwise default under any such indebtedness, or trigger another event which causes such indebtedness to become due or to be repurchased, prepaid, defeased or redeemed or become subject to an offer to repurchase, prepay, defease or redeem such indebtedness prior to its stated maturity.                                                                
Senior secured debt, applicable margin rate         1.75%                                 0.75% 1.75%                          
Senior secured debt, maximum applicable margin rate                                           1.00% 2.00%                          
Consolidated leverage ratio               3.50                                                        
Consolidated interest coverage ratio                 3.00                                                      
Authorized amount as result of the amendment                                                 125,000,000     297,800,000                
Borrowings of long-term debt 610,000,000   20,000,000                                                   260,000,000              
Interest rate, Percentage                                                   8.25% 8.25%   6.625% 6.625%            
Debt Instrument, issuance date                                                         2011-01-28              
Debt instrument redemption, description                                                         We may redeem all or a portion of the 2021 Notes at our option at any time prior to February 1, 2016, at a redemption price equal to 100% of the principal amount of 2021 Notes to be redeemed, plus a make-whole premium as described in the 2021 Indenture, plus accrued and unpaid interest to the redemption date, if any.              
Debt Instrument Redemption Price                                                                 100.00%      
Debt instrument redemption price                                                                   35.00%    
Debt Instrument cash redemption price                                                         101.00%              
Debt outstanding, before discount                                                                     85,000  
Debt outstanding, net of discount                                                                     60,000  
Cross-default provision, aggregate accelerated indebtedness             $ 50,000,000                                               $ 50,000,000         $ 25,000,000