v3.10.0.1
Long-Term Debt and Other Long-Term Liabilities (Tables)
12 Months Ended
Dec. 31, 2018
Summary of Long-term Debt

Long-term debt consisted of the following (in thousands):

 

 

 

December 31,

 

 

December 31,

 

 

 

2018

 

 

2017

 

Term Loan

 

$

 

956,750

 

 

$

 

956,750

 

Less: Unamortized discount and debt issuance costs

 

 

 

(18,426

)

 

 

 

(18,748

)

Net

 

 

 

938,324

 

 

 

 

938,002

 

6% Senior Notes due 2026

 

 

 

600,000

 

 

 

 

 

Less: Unamortized debt issuance costs

 

 

 

(19,630

)

 

 

 

 

Net

 

 

 

580,370

 

 

 

 

 

6% Senior Notes due 2025

 

 

 

875,000

 

 

 

 

875,000

 

Plus: Unamortized debt premium

 

 

 

23,491

 

 

 

 

26,605

 

Less: Unamortized debt issuance costs

 

 

 

(18,405

)

 

 

 

(20,716

)

Net

 

 

 

880,086

 

 

 

 

880,889

 

7% Senior Notes due 2023

 

 

 

375,000

 

 

 

 

375,000

 

Less: Unamortized discount and debt issuance costs

 

 

 

(6,075

)

 

 

 

(7,146

)

Net

 

 

 

368,925

 

 

 

 

367,854

 

Revolving Credit Facility

 

 

 

245,000

 

 

 

 

 

Lumière Loan

 

 

 

246,000

 

 

 

 

 

Capital leases

 

 

 

590

 

 

 

 

917

 

Long-term notes payable

 

 

 

2,440

 

 

 

 

2,531

 

Less: Current portion

 

 

 

(462

)

 

 

 

(615

)

Total long-term debt

 

$

 

3,261,273

 

 

$

 

2,189,578

 

Schedule of Maturities of Principal Amount of Long-term Debt

Maturities of the principal amount of the Company’s long-term debt as of December 31, 2018 are as follows:

 

Years ending December 31,

 

(In thousands)

 

2019

 

$

 

462

 

2020

 

 

 

246,235

 

2021

 

 

 

167

 

2022

 

 

 

173

 

2023

 

 

 

620,138

 

Thereafter

 

 

 

2,433,605

 

 

 

$

 

3,300,780

 

7% Senior Notes due 2023  
Schedule of Redemption Prices of Notes

On or after August 1, 2018, the Company may redeem all or a portion of the Senior Notes upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed as percentages of the principal amount) set forth below plus accrued and unpaid interest and additional interest, if any, on the Senior Notes redeemed, to the applicable redemption date, if redeemed during the twelve month period beginning on August 1 of the years indicated below:

 

Year

 

Percentage

 

 

2018

 

 

105.250

 

%

2019

 

 

103.500

 

%

2020

 

 

101.750

 

%

2021 and thereafter

 

 

100.000

 

%

6% Senior Notes due 2025  
Schedule of Redemption Prices of Notes

On or after April 1, 2020, the Company may redeem all or a portion of the 6% Senior Notes due 2025 upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed as percentages of the principal amount) set forth below plus accrued and unpaid interest and additional interest, if any, on the 6% Senior Notes due 2025 redeemed, to the applicable redemption date, if redeemed during the 12-month period beginning on April 1 of the years indicated below:

 

Year

 

Percentage

 

 

2020

 

 

104.500

 

%

2021

 

 

103.000

 

%

2022

 

 

101.500

 

%

2023 and thereafter

 

 

100.000

 

%

6% Senior Notes due 2026  
Schedule of Redemption Prices of Notes

On or after September 15, 2021, the Company may redeem all or a portion of the 6% Senior Notes due 2026 upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed as percentages of the principal amount) set forth below plus accrued and unpaid interest and additional interest, if any, on the 6% Senior Notes due 2026 redeemed, to the applicable redemption date, if redeemed during the 12-month period beginning on September 15 of the years indicated below:

 

Year

 

Percentage

 

 

2021

 

 

104.500

 

%

2022

 

 

103.000

 

%

2023

 

 

101.500

 

%

2024 and thereafter

 

 

100.000

 

%