XML 38 R27.htm IDEA: XBRL DOCUMENT
v3.19.1

LONG-TERM DEBT (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2019
Debt And Derivatives Disclosure [Abstract] |
Summary of Components of Long-Term Debt and Capital Leases by Debt Instrument | A summary of long-term debt and finance leases by debt instrument follows:
| March 31, 2019 |  | December 31, 2018
Senior Secured Credit Facility: |  |  |
Revolving line of credit facility ("Revolving Credit Facility") due May 2023; bearing interest at LIBOR plus 2.00% | $ | — |  |  | $ | 69,600 |
Term loan A facility ("Term Loan Facility") due May 2023; bearing interest at LIBOR plus 2.00% | 350,000 |  |  | 350,000 |
Tax-Exempt Bonds: |  |  |
New York State Environmental Facilities Corporation Solid Waste Disposal Revenue Bonds Series 2014 ("New York Bonds 2014") due December 2044 - fixed rate interest period through 2019; bearing interest at 3.75% | 25,000 |  |  | 25,000 |
New York State Environmental Facilities Corporation Solid Waste Disposal Revenue Bonds Series 2014R-2 ("New York Bonds 2014R-2") due December 2044 - fixed rate interest period through 2026; bearing interest at 3.125% | 15,000 |  |  | 15,000 |
Finance Authority of Maine Solid Waste Disposal Revenue Bonds Series 2005R-3 ("FAME Bonds 2005R-3") due January 2025 - fixed rate interest period through 2025; bearing interest at 5.25% | 25,000 |  |  | 25,000 |
Finance Authority of Maine Solid Waste Disposal Revenue Bonds Series 2015R-1 ("FAME Bonds 2015R-1") due August 2035 - fixed rate interest period through 2025; bearing interest at 5.125% | 15,000 |  |  | 15,000 |
Finance Authority of Maine Solid Waste Disposal Revenue Bonds Series 2015R-2 ("FAME Bonds 2015R-2") due August 2035 - fixed rate interest period through 2025; bearing interest at 4.375% | 15,000 |  |  | 15,000 |
Vermont Economic Development Authority Solid Waste Disposal Long-Term Revenue Bonds Series 2013 ("Vermont Bonds") due April 2036 - fixed rate interest period through 2028; bearing interest at 4.625% | 16,000 |  |  | 16,000 |
Business Finance Authority of the State of New Hampshire Solid Waste Disposal Revenue Bonds Series 2013 ("New Hampshire Bonds") due April 2029 - fixed rate interest period through 2019; bearing interest at 4.00% | 11,000 |  |  | 11,000 |
Other: |  |  |
Finance leases maturing through December 2107; bearing interest at a weighted average of 5.3% | 13,504 |  |  | 11,248 |
Notes payable maturing through June 2027; bearing interest at a weighted average of 2.90% | 2,298 |  |  | 2,401 |
Principal amount of long-term debt and finance leases | 487,802 |  |  | 555,249 |
Less—unamortized discount and debt issuance costs (1) | 10,375 |  |  | 10,950 |
Long-term debt and finance leases less unamortized discount and debt issuance costs | 477,427 |  |  | 544,299 |
Less—current maturities of long-term debt and finance leases | 2,694 |  |  | 2,298 |
| $ | 474,733 |  |  | $ | 542,001 |
(1) | A summary of unamortized discount and debt issuance costs by debt instrument follows:
| March 31, 2019 |  | December 31, 2018
Revolving Credit Facility and Term Loan Facility (collectively, the "Credit Facility") | $ | 6,708 |  |  | $ | 7,118 |
New York Bonds 2014 | 801 |  |  | 847 |
New York Bonds 2014R-2 | 435 |  |  | 450 |
FAME Bonds 2005R-3 | 496 |  |  | 517 |
FAME Bonds 2015R-1 | 604 |  |  | 622 |
FAME Bonds 2015R-2 | 474 |  |  | 493 |
Vermont Bonds | 581 |  |  | 595 |
New Hampshire Bonds | 276 |  |  | 308 |
| $ | 10,375 |  |  | $ | 10,950 |
Schedule of Cash Flow Hedges Related to Derivative Instruments | A summary of the amount of loss on cash flow hedging relationships related to interest rate swaps reclassified from accumulated other comprehensive income into earnings follows:
|  | Three Months Ended March 31,
|  | 2019 |  | 2018
Statement of Operations Location |  | (Expense) Income
Interest expense |  | $ | (25 | ) |  | $ | (53 | )
A summary of the effect of cash flow hedges related to derivative instruments on the consolidated balance sheet follows:
|  |  | Fair Value
| Balance Sheet Location |  | March 31, 2019 |  | December 31, 2018
Interest rate swaps | Other current assets |  | $ | 260 |  |  | $ | 338 |
Interest rate swaps | Other non-current assets |  | 152 |  |  | 482 |
|  |  | $ | 412 |  |  | $ | 820 |
Interest rate swaps | Other accrued liabilities |  | $ | 579 |  |  | $ | 387 |
Interest rate swaps | Other long-term liabilities |  | 2,433 |  |  | 1,555 |
|  |  | $ | 3,012 |  |  | $ | 1,942 |
Interest rate swaps | Accumulated other comprehensive loss |  | $ | (2,753 | ) |  | $ | (1,196 | )
Interest rate swaps - tax provision | Accumulated other comprehensive loss |  | (112 | ) |  | (112 | )
|  |  | $ | (2,865 | ) |  | $ | (1,308 | )
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income | A summary of the effect of cash flow hedges related to derivative instruments on the consolidated balance sheet follows:
|  |  | Fair Value
| Balance Sheet Location |  | March 31, 2019 |  | December 31, 2018
Interest rate swaps | Other current assets |  | $ | 260 |  |  | $ | 338 |
Interest rate swaps | Other non-current assets |  | 152 |  |  | 482 |
|  |  | $ | 412 |  |  | $ | 820 |
Interest rate swaps | Other accrued liabilities |  | $ | 579 |  |  | $ | 387 |
Interest rate swaps | Other long-term liabilities |  | 2,433 |  |  | 1,555 |
|  |  | $ | 3,012 |  |  | $ | 1,942 |
Interest rate swaps | Accumulated other comprehensive loss |  | $ | (2,753 | ) |  | $ | (1,196 | )
Interest rate swaps - tax provision | Accumulated other comprehensive loss |  | (112 | ) |  | (112 | )
|  |  | $ | (2,865 | ) |  | $ | (1,308 | )

X
- Definition Debt And Derivatives Disclosure [Abstract] + References No definition available. + Details
Name: | cwst_DebtAndDerivativesDisclosureAbstract
Namespace Prefix: | cwst_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the effective portion of gains and losses on derivative instruments (and nonderivative instruments) designated and qualifying in cash flow hedges recorded in accumulated other comprehensive income (loss) during the term of the hedging relationship and reclassified into earnings during the current period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for cash flow hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfCashFlowHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration