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Debt (Tables) | 12 Months Ended
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Dec. 31, 2024
Debt Disclosure [Abstract] |
Summary of Debt | Debt consisted of the following (in thousands):
|  | December 31, 2024 |  |  | December 31, 2023 |
Exchange Credit Agreement |  |  |  |  |  |
Tranche 1 Loans |  | $ | - |  |  | $ | 791,480 |
Unamortized premium on tranche 1 loans |  |  | - |  |  |  | 18,359 |
Unamortized debt issuance costs on tranche 1 loans |  |  | - |  |  |  | (17,707 | )
Tranche 2 Loans |  |  | - |  |  |  | 115,232 |
Unamortized discount on tranche 2 loans |  |  | - |  |  |  | (1,136 | )
Unamortized debt issuance costs on tranche 2 loans |  |  | - |  |  |  | (2,659 | )
Revolver |  |  | - |  |  |  | - |
Total Exchange Credit Agreement |  |  | - |  |  |  | 903,569 |
Credit Agreement |  |  |  |  |  |
Term Loan |  |  | 320,823 |  |  |  | — |
Unamortized discount on term loan |  |  | (2,889 | ) |  |  | — |
Unamortized debt issuance costs on term loan |  |  | (5,049 | ) |  |  | — |
Revolver |  |  | 110,000 |  |  |  | — |
Total Credit Agreement |  |  | 422,885 |  |  |  | — |
8.625% Secured Notes due 2029 |  |  |  |  |  |
Notes Due in 2029 |  |  | 650,000 |  |  |  | — |
Unamortized debt issuance costs |  |  | (12,039 | ) |  |  | — |
Total 8.625% Secured Notes due 2029 |  |  | 637,961 |  |  |  | — |
10.250% Unsecured Notes due 2031 |  |  |  |  |  |
Notes Due in 2031 |  |  | 625,000 |  |  |  | — |
Unamortized debt issuance costs |  |  | (11,522 | ) |  |  | — |
Total 10.25% Unsecured Notes due 2031 |  |  | 613,478 |  |  |  | — |
10.500% Public Second Lien Notes due 2028 |  |  |  |  |  |
Notes Due in 2028 |  |  | - |  |  |  | 286,521 |
Unamortized discount |  |  | - |  |  |  | (13,386 | )
Unamortized debt issuance costs |  |  | - |  |  |  | (7,237 | )
Total 10.500% Public Second Lien Notes due 2028 |  |  | - |  |  |  | 265,898 |
9.500% Private Second Lien Notes due 2028 |  |  |  |  |  |
Notes Due in 2028 |  |  | - |  |  |  | 239,142 |
Unamortized discount |  |  | - |  |  |  | (19,843 | )
Unamortized debt issuance costs |  |  | - |  |  |  | (6,236 | )
Total 9.500% Private Second Lien Notes due 2028 |  |  | - |  |  |  | 213,063 |
6.50% Exchangeable Senior Notes: |  |  |  |  |  |
Notes Due in 2026 |  |  | 100 |  |  |  | 230,000 |
Unamortized debt issuance costs |  |  | - |  |  |  | (4,595 | )
Total 6.50% Exchangeable Senior Notes Due in 2026 |  |  | 100 |  |  |  | 225,405 |
6.00% Senior Notes: |  |  |  |  |  |
Notes Due in 2026 |  |  | - |  |  |  | 110,858 |
Unamortized debt issuance costs |  |  | - |  |  |  | (557 | )
Total 6.00% Senior Notes Due in 2026 |  |  | - |  |  |  | 110,301 |
5.875% Senior Notes: |  |  |  |  |  |
Notes Due in 2024 |  |  | - |  |  |  | 23,253 |
Unamortized debt issuance costs |  |  | - |  |  |  | (44 | )
Total 5.875% Senior Notes Due in 2024 |  |  | - |  |  |  | 23,209 |
Finance Lease Obligations |  |  | 556 |  |  |  | 1,280 |
Other debt |  |  | 38,048 |  |  |  | 39,208 |
Total debt |  |  | 1,713,028 |  |  |  | 1,781,933 |
Current portion of finance lease obligations, long-term debt and non-recourse debt |  |  | (1,612 | ) |  |  | (55,882 | )
Finance Lease Obligations, long-term portion |  |  | (219 | ) |  |  | (549 | )
Long-Term Debt |  | $ | 1,711,197 |  |  | $ | 1,725,502 |
Debt Repayment Schedules Under Capital Lease Obligations, Long-Term Debt and Non-Recourse Debt | Debt repayment schedules under Finance Lease Obligations, Long-Term Debt, Term Loans and the Credit Agreement are as follows:
Fiscal Year |  | Finance Leases |  |  | Long-Term Debt |  |  | Revolver |  |  | Term Loans |  |  | Total Repayment |
|  | (In thousands) |
2025 |  | $ | 337 |  |  | $ | 1,275 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,612 |
2026 |  |  | 219 |  |  |  | 1,425 |  |  |  | — |  |  |  | — |  |  |  | 1,644 |
2027 |  |  | — |  |  |  | 1,383 |  |  |  | — |  |  |  | 20,198 |  |  |  | 21,581 |
2028 |  |  | — |  |  |  | 1,439 |  |  |  | — |  |  |  | 22,500 |  |  |  | 23,939 |
2029 |  |  | — |  |  |  | 651,499 |  |  |  | 110,000 |  |  |  | 278,125 |  |  |  | 1,039,624 |
Thereafter |  |  | — |  |  |  | 656,614 |  |  |  | — |  |  |  | — |  |  |  | 656,614 |
|  |  | 556 |  |  |  | 1,313,635 |  |  |  | 110,000 |  |  |  | 320,823 |  |  |  | 1,745,014 |
Interest imputed on finance leases |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Original issue (discount) premium |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (2,889 | ) |  |  | (2,889 | )
Current portion |  |  | (337 | ) |  |  | (1,275 | ) |  |  | — |  |  |  | — |  |  |  | (1,612 | )
Non-current portion |  | $ | 219 |  |  | $ | 1,312,360 |  |  | $ | 110,000 |  |  | $ | 317,934 |  |  | $ | 1,740,513 |

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- Definition Debt repayment schedules under capital lease obligations, long-term debt and non-recourse debt. + References No definition available. + Details
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- 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
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