XML 58 R47.htm IDEA: XBRL DOCUMENT v3.21.1
Long-term Debt - Senior Secured Credit Facilities, Senior Unsecured Notes, Unsecured Convertible Notes, and Covenants (Details)
$ / shares in Units, $ in Millions
1 Months Ended 3 Months Ended
Apr. 14, 2020
USD ($)
business_day
May 31, 2020
USD ($)
$ / shares
Jan. 31, 2017
USD ($)
Mar. 31, 2021
USD ($)
shares
Feb. 28, 2021
Dec. 31, 2020
USD ($)
Oct. 15, 2018
USD ($)
Jan. 19, 2017
USD ($)
Debt Instrument [Line Items]                
Interest rate       5.625%        
Debt Instrument, Redemption, Period One                
Debt Instrument [Line Items]                
Threshold percentage of stock price   130.00%            
Debt Instrument, Redemption, Period Two                
Debt Instrument [Line Items]                
Threshold percentage of stock price   98.00%            
Debt Instrument, Redemption, Period Three                
Debt Instrument [Line Items]                
Threshold percentage of stock price   100.00%            
Senior Secured Credit Facility                
Debt Instrument [Line Items]                
Number of business days | business_day 2              
Covenant relief period, consolidated total net leverage ratio thereafter 4.25              
Covenant relief period, maximum senior secured net leverage ratio thereafter 3.00              
Covenant relief period, minimum interest coverage ratio 2.50              
Commitment fee on unused capacity 0.50%              
Basis spread on variable rate, floor 0.75%              
Senior Secured Credit Facility | Base Rate                
Debt Instrument [Line Items]                
Basis spread on variable rate 2.00%              
Senior Secured Credit Facility | LIBOR Rate                
Debt Instrument [Line Items]                
Basis spread on variable rate 3.00%              
Senior Secured Credit Facility | Maximum                
Debt Instrument [Line Items]                
Covenant relief period, maximum consolidated total net leverage ratio in 2021 5.50              
Covenant relief period, maximum consolidated total net leverage ratio in June 30, 2021 5.00              
Covenant relief period, maximum consolidated total net leverage ratio in September 30, 2021 4.75              
Covenant relief period, maximum consolidated total net leverage ratio in December 30, 2021 4.50              
Covenant relief period, maximum senior secured net leverage ratio in March 31, 2021 4.50              
Covenant relief period, maximum senior secured net leverage ratio in June 30, 2021 4.00              
Covenant relief period, maximum senior secured net leverage ratio in September 30, 2021 3.75              
Covenant relief period, maximum senior secured net leverage ratio in December 31, 2021 3.50              
Senior Secured Credit Facility | Through April 30, 2020                
Debt Instrument [Line Items]                
Covenant relief period, minimum liquidity covenant $ 400.0              
Senior Secured Credit Facility | May 1, 2020 through May 31, 2020                
Debt Instrument [Line Items]                
Covenant relief period, minimum liquidity covenant 350.0              
Senior Secured Credit Facility | June 1, 2020 through June 30, 2020                
Debt Instrument [Line Items]                
Covenant relief period, minimum liquidity covenant 300.0              
Senior Secured Credit Facility | July 1, 2020 through March 31, 2021                
Debt Instrument [Line Items]                
Covenant relief period, minimum liquidity covenant $ 225.0              
Senior Secured Credit Facilities | Revolving Credit Facility                
Debt Instrument [Line Items]                
Debt instrument, term     5 years          
Maximum borrowing capacity     $ 700.0          
Letters of credit outstanding       $ 28.0   $ 28.2    
Available borrowing capacity       $ 672.0   $ 671.8    
Senior Secured Credit Facilities | Term Loan A Facility                
Debt Instrument [Line Items]                
Debt instrument, term     5 years          
Maximum borrowing capacity     $ 300.0          
Senior Secured Credit Facilities | Term Loan B Facility                
Debt Instrument [Line Items]                
Debt instrument, term     7 years          
Maximum borrowing capacity     $ 500.0          
Senior Secured Credit Facilities | Term Loan A Facility due 2023, incremental loans                
Debt Instrument [Line Items]                
Maximum borrowing capacity             $ 430.2  
Senior Secured Credit Facilities | Term Loan B-1 Facility due 2025                
Debt Instrument [Line Items]                
Maximum borrowing capacity             $ 1,128.8  
Basis spread on variable rate, floor       0.75%        
Senior Secured Credit Facilities | Term Loan B-1 Facility due 2025 | Base Rate                
Debt Instrument [Line Items]                
Basis spread on variable rate       1.25%        
Senior Secured Credit Facilities | Term Loan B-1 Facility due 2025 | LIBOR Rate                
Debt Instrument [Line Items]                
Basis spread on variable rate       2.25%        
Senior Secured Credit Facilities | Term Loan A Facility due 2023 | Minimum | Base Rate                
Debt Instrument [Line Items]                
Basis spread on variable rate       0.25%        
Senior Secured Credit Facilities | Term Loan A Facility due 2023 | Minimum | LIBOR Rate                
Debt Instrument [Line Items]                
Basis spread on variable rate       1.25%        
Senior Secured Credit Facilities | Term Loan A Facility due 2023 | Maximum | Base Rate                
Debt Instrument [Line Items]                
Basis spread on variable rate       2.00%        
Senior Secured Credit Facilities | Term Loan A Facility due 2023 | Maximum | LIBOR Rate                
Debt Instrument [Line Items]                
Basis spread on variable rate       3.00%        
Senior Secured Credit Facilities | Revolving Credit Facility due 2023 | Minimum                
Debt Instrument [Line Items]                
Commitment fee on unused capacity       0.20%        
Senior Secured Credit Facilities | Revolving Credit Facility due 2023 | Maximum                
Debt Instrument [Line Items]                
Commitment fee on unused capacity       0.50%        
Senior Notes | 5.625% Notes due 2027                
Debt Instrument [Line Items]                
Interest rate       5.625%   5.625%   5.625%
Debt principal amount               $ 400.0
Senior Notes | 2.75% Convertible Notes due 2026 | Debt Instrument, Redemption, Period One                
Debt Instrument [Line Items]                
Debt Instrument, convertible, conversion ratio   0.042735            
Senior Notes | 2.75% Convertible Notes due 2026 | Debt Instrument, Redemption, Period Three                
Debt Instrument [Line Items]                
Debt Instrument, convertible, conversion ratio   0.0555555            
Convertible Notes | 2.75% Convertible Notes due 2026                
Debt Instrument [Line Items]                
Interest rate   2.75%   2.75%        
Debt principal amount   $ 330.5            
Proceeds from issuance of long-term debt, net of discounts   $ 322.2            
Conversion price (in dollars per share) | $ / shares   $ 23.40            
Number of shares issued upon conversion (in shares) | shares       18,360,815        
Amount if-converted value exceeds its principal amount       $ 1,594.4        
Carrying amount of equity component   $ 91.8   $ 88.2        
Debt issuance costs   10.2            
Effective yield       9.23%        
Remaining period over which unamortized discount will be amortized       5 years 1 month 6 days        
Convertible Notes | Convertible Notes Due 2026, Liability Component                
Debt Instrument [Line Items]                
Debt issuance costs   6.6            
Convertible Notes | Convertible Notes Due 2026, Equity Component                
Debt Instrument [Line Items]                
Debt issuance costs   $ 3.6            
Other long-term obligations                
Debt Instrument [Line Items]                
Effective yield         25.00%