Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Tables)

v3.21.2
Long-Term Debt (Tables)
9 Months Ended
Sep. 30, 2021
Long-Term Debt  
Schedule of long-term debt

Long-term debt as of December 31, 2020 and September 30, 2021 consisted of the following items (in thousands):

December 31,

September 30,

   

2020

    

2021

Credit Facility (a)

$

1,017,000

97,500

5.125% senior notes due 2022 (b)

660,516

5.625% senior notes due 2023 (c)

574,182

5.00% senior notes due 2025 (d)

590,000

590,000

8.375% senior notes due 2026 (e)

325,000

7.625% senior notes due 2029 (f)

700,000

5.375% senior notes due 2030 (g)

600,000

4.25% convertible senior notes due 2026 (h)

287,500

81,570

Total principal

3,129,198

2,394,070

Unamortized premium (discount), net

(111,886)

(28,780)

Unamortized debt issuance costs

(15,719)

(24,257)

Long-term debt

$

3,001,593

2,341,033

4.25% convertible senior notes due 2026  
Long-Term Debt  
Schedule of long-term debt

The 2026 Convertible Notes consist of the following (in thousands):

December 31,

September 30,

2020

2021

Liability component:

Principal

$

287,500

81,570

Less: unamortized note discount

(112,265)

(28,780)

Less: unamortized debt issuance costs

(5,852)

(1,665)

Net carrying value

$

169,383

51,125

Equity component (1)

$

115,601

32,799

(1) As of December 31, 2020, the equity component attributable to the outstanding 2026 Convertible Notes was recorded in additional paid-in capital, net of $3 million of issuance costs and $28 million of deferred taxes. As of September 30, 2021, the equity component attributable to the outstanding 2026 Convertible Notes was recorded in additional paid-in capital net of $1 million of issuance costs and $8 million of deferred taxes.