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v3.22.2.2

Financial Commitments (Tables) | 9 Months Ended
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Sep. 30, 2022
Debt Disclosure [Abstract] |
Long-Term Debt | Long-term debt as reported on the Condensed Consolidated Balance Sheets consisted of the following:
(in thousands) | As of September 30, 2022 | As of December 31, 2021
2017 Senior Notes | $ | 497,020 |  | $ | 496,244 |
Term Loan B | 404,696 |  | 406,335 |
2020 Revolver | — |  | 27,000 |
Equipment financing and mortgages | 50,412 |  | 56,246 |
Other indebtedness | 9,006 |  | 7,829 |
Total debt | 961,134 |  | 993,654 |
Less: Current maturities | 26,875 |  | 24,406 |
Long-term debt, net | $ | 934,259 |  | $ | 969,248 |
Reconciliation of Outstanding Debt Balance to Reported Debt Balance | The following table reconciles the outstanding debt balances to the reported debt balances as of September 30, 2022 and December 31, 2021:
| As of September 30, 2022 |  | As of December 31, 2021
(in thousands) | Outstanding Debt | Unamortized Discounts and Issuance Costs | Debt, as reported |  | Outstanding Debt | Unamortized Discounts and Issuance Costs | Debt, as reported
2017 Senior Notes | $ | 500,000 |  | $ | (2,980) |  | $ | 497,020 |  |  | $ | 500,000 |  | $ | (3,756) |  | $ | 496,244 |
Term Loan B | 416,500 |  | (11,804) |  | 404,696 |  |  | 419,688 |  | (13,353) |  | 406,335 |
Summary of Interest Expense as Reported in the Consolidated Statements of Operations | Interest expense as reported in the Condensed Consolidated Statements of Operations consisted of the following:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(in thousands) | 2022 | 2021 |  | 2022 | 2021
Cash interest expense: |  |  |  |  |
Interest on 2017 Senior Notes | $ | 8,593 |  | $ | 8,594 |  |  | $ | 25,781 |  | $ | 25,781 |
Interest on Term Loan B | 6,822 |  | 6,198 |  |  | 18,940 |  | 18,407 |
Interest on 2020 Revolver | 106 |  | 436 |  |  | 739 |  | 1,109 |
Interest on Convertible Notes | — |  | — |  |  | — |  | 921 |
Other interest | 559 |  | 532 |  |  | 1,499 |  | 1,422 |
Total cash interest expense | 16,080 |  | 15,760 |  |  | 46,959 |  | 47,640 |
Non-cash interest expense:(a) |  |  |  |  |
Amortization of discount and debt issuance costs on Convertible Notes | — |  | — |  |  | — |  | 2,040 |
Amortization of discount and debt issuance costs on Term Loan B | 528 |  | 547 |  |  | 1,549 |  | 1,613 |
Amortization of debt issuance costs on 2020 Revolver | 144 |  | 142 |  |  | 427 |  | 426 |
Amortization of debt issuance costs on 2017 Senior Notes | 263 |  | 245 |  |  | 776 |  | 723 |
Total non-cash interest expense | 935 |  | 934 |  |  | 2,752 |  | 4,802 |
Total interest expense | $ | 17,015 |  | $ | 16,694 |  |  | $ | 49,711 |  | $ | 52,442 |
____________________________________________________________________________________________________ (a)The combination of cash and non-cash interest expense produces effective interest rates that are higher than contractual rates. Accordingly, the effective interest rates for the 2017 Senior Notes and Term Loan B were 7.13% and 6.43%, respectively, for the nine months ended September 30, 2022.

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