Long-term Debt and Derivatives (Tables)

12 Months Ended

Dec. 31, 2012

Long-term Debt and Derivatives

Schedule of long-term debt, net of current maturities

December 31,	2012			2011
	(in thousands)
Senior secured credit facility	$	2,394,963		$	1,715,750
$325 million 83/4% senior subordinated notes due August 2019		325,000			325,000
Other long-term obligations		10,000			1,949
Capital leases		2,111			2,215
		2,732,074			2,044,914
Less current maturities of long-term debt		(81,497	)		(44,559	)
Less discount on senior secured credit facility Term Loan B		(1,504	)		(1,749	)
	$	2,649,073		$	1,998,606

Schedule of future minimum repayments of long-term debt

2013	$	81,497
2014		108,998
2015		122,755
2016		890,264
2017		12,773
Thereafter		1,515,787
Total minimum payments	$	2,732,074

Schedule of effect of derivative instruments on the consolidated statement of operations

The effect of derivative instruments on the consolidated statement of operations for the year ended December 31, 2011 was as follows (in thousands):

Derivatives in a Cash Flow Hedging Relationship	Gain (Loss) Recognized in OCI on Derivative (Effective Portion)			Location of Gain (Loss) Reclassified from AOCI into Income (Effective Portion)	Gain (Loss) Reclassified from AOCI into Income (Effective Portion)			Location of Gain (Loss) Recognized in Income on Derivative (Ineffective Portion)	Gain (Loss) Recognized in Income on Derivative (Ineffective Portion)
Interest rate swap contracts	$	(672	)	Interest expense	$	(8,173	)	None	$	—
Total	$	(672	)		$	(8,173	)		$	—

Derivatives Not Designated as Hedging Instruments	Location of Gain (Loss) Recognized in Income on Derivative	Gain (Loss) Recognized in Income on Derivative
Interest rate swap contracts	Interest expense	$	(10	)
Total		$	(10	)

     The effect of derivative instruments on the consolidated statement of operations for the year ended December 31, 2010 was as follows (in thousands):

Derivatives in a Cash Flow Hedging Relationship	Gain (Loss) Recognized in OCI on Derivative (Effective Portion)			Location of Gain (Loss) Reclassified from AOCI into Income (Effective Portion)	Gain (Loss) Reclassified from AOCI into Income (Effective Portion)			Location of Gain (Loss) Recognized in Income on Derivative (Ineffective Portion)	Gain (Loss) Recognized in Income on Derivative (Ineffective Portion)
Interest rate swap contracts	$	(13,998	)	Interest expense	$	(24,424	)	None	$	—
Total	$	(13,998	)		$	(24,424	)		$	—

Derivatives Not Designated as Hedging Instruments	Location of Gain (Loss) Recognized in Income on Derivative	Gain (Loss) Recognized in Income on Derivative
Interest rate swap contracts	Interest expense	$	(60	)
Total		$	(60	)