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v3.22.1

Subsequent Events (Tables) | 12 Months Ended
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Dec. 31, 2021
Subsequent Events [Abstract] |
Schedule of long-term debt | Long-term debt consists of the following at year-end:
|  | 2021 |  | 2020
2027 Notes |  | $ | 535,986 |  |  | $ | 553,354 |
2023 Notes |  | 201,763 |  |  | 216,593 |
Finance lease obligations |  | 6,139 |  |  | 5,941 |
Other long-term borrowings |  | 7,509 |  |  | 10,199 |
Subtotal |  | 751,397 |  |  | 786,087 |
Discount on 2023 Notes |  | (687) |  |  | (1,147) |
Discount on 2027 Notes |  | (5,960) |  |  | (7,358) |
Premium on 2023 Notes |  | 254 |  |  | 427 |
Premium on 2027 Notes |  | 2,613 |  |  | 3,206 |
Deferred financing costs |  | (3,659) |  |  | (4,641) |
Total |  | 743,958 |  |  | 776,574 |
Current portion of long-term debt |  | 4,741 |  |  | 3,129 |
Long-term debt, excluding current portion |  | $ | 739,217 |  |  | $ | 773,445 |
The following table presents additional information related to the 2027 and 2023 Notes (the “Notes”):
|  |  |  |  | Principal as of December 31, |  |
| Annual interest rate |  | Currency |  | 2021 |  | 2020 |  | Maturity
2027 Notes | 5.875 | % |  | USD |  | $ | 535,986 |  |  | $ | 553,354 |  |  | April 4, 2027
2023 Notes | 6.625 | % |  | USD |  | 201,763 |  |  | 216,593 |  |  | September 27, 2023
|  | Interest Expense (i) |  | DFC Amortization (i) |  | Amortization of Premium/Discount, net (i)
|  | 2021 |  | 2020 |  | 2019 |  | 2021 |  | 2020 |  | 2019 |  | 2021 |  | 2020 |  | 2019
2027 Notes |  | $ | 32,175 |  |  | $ | 20,269 |  |  | $ | 15,569 |  |  | $ | 758 |  |  | $ | 402 |  |  | $ | 299 |  |  | $ | 805 |  |  | $ | 133 |  |  | $ | — |
2023 Notes |  | 13,768 |  |  | 20,882 |  |  | 23,060 |  |  | 224 |  |  | 294 |  |  | 323 |  |  | 287 |  |  | 371 |  |  | 402 |
(i)These charges are included within “Net interest expense” in the consolidated statements of income. The table below summarizes certain payment terms for the Notes:
Senior Note |  | Principal amount outstanding |  | Late Tender Offer Consideration (i) (ii) | Tender Offer Expiration Date | Early Tender Offer Expiration Date |  | Early Tender Premium (i) (ii) | Total Consideration (i) (ii)
2027 Notes |  | $ 535,986 |  | $ 999.38 | May 13, 2022 | April 29, 2022 |  | $ 30.00 | $ 1,029.38
2023 Notes |  | $ 201,763 |  | — | April 22, 2022 | — |  | — | $ 1,053.60
(i) Per $1,000 principal amount of applicable Notes, validly tendered and accepted for purchase, plus Accrued Interest. (ii) Expressed as whole number.

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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21506-112644 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69E -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21521-112644 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21538-112644 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21475-112644 + Details
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