XML 42 R31.htm IDEA: XBRL DOCUMENT
v3.21.2

Note 8 - Debt (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2021
Notes Tables |
Schedule of Long-term Debt Instruments [Table Text Block] |
|  | September 30, 2021 |  |  | December 31, 2020 |
Senior Credit Facilities (as defined below) |  | $ | 2,320,323 |  |  | $ | 1,541,621 |
Senior Notes (as defined below) |  |  | 650,000 |  |  |  | 650,000 |
Convertible Notes (as defined below) |  |  | 920,000 |  |  |  | - |
Finance lease liabilities |  |  | 6,001 |  |  |  | 5,466 |
Total debt |  |  | 3,896,324 |  |  |  | 2,197,087 |
Less: Unamortized debt discount |  |  | (21,683 | ) |  |  | - |
Less: Unamortized debt issuance costs |  |  | (29,747 | ) |  |  | (21,897 | )
Less: Current portion of long-term debt |  |  | (34,570 | ) |  |  | (26,392 | )
Total long-term debt |  | $ | 3,810,324 |  |  | $ | 2,148,798 |
Summary of Term Loans [Table Text Block] |
|  |  |  | Original |  |  | Amortization |  |  | Outstanding |  | Final Maturity |  | Balance Due |  | Benchmark |  | Applicable |  |  | Interest |
Instrument |  | Draw Date |  | Principal |  |  | Per Annum(1) |  |  | Principal |  | Date |  | Upon Maturity |  | Rate |  | Margin(2) |  |  | Rate |
Term Loan A-2 |  | 5/8/2019(3) |  | $ | 700,000 |  |  | Varies(4) |  |  | $ | 663,845 |  | 10/30/2025 |  | $ | 476,607 |  | LIBOR |  | 1.75% |  |  | 1.83 | %
|  | 10/1/2019(3) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Term Loan B-2 |  | 1/7/2019 |  |  | 250,000 |  |  | 1.0% |  |  |  | 243,750 |  | 10/30/2027 |  |  | 228,750 |  | LIBOR |  | 2.00% |  |  | 2.08 | %
Term Loan B-3 |  | 6/14/2019(5) |  |  | 625,000 |  |  | 1.0% |  |  |  | 614,728 |  | 10/30/2027 |  |  | 577,472 |  | LIBOR |  | 2.00% |  |  | 2.08 | %
|  | 10/30/2020(5) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Term Loan B-4 |  | 5/3/2021 |  |  | 800,000 |  |  | 1.0% |  |  |  | 798,000 |  | 5/3/2028 |  |  | 746,000 |  | LIBOR |  | 2.00% |  |  | 2.08 | %
Total |  | $ | 2,375,000 |  |  |  |  |  | $ | 2,320,323 |  |  |  | $ | 2,028,829 |  |  |  |  |  |  |  |
Convertible Debt [Table Text Block] |
|  | September 30, 2021 |
|  | 2026 Notes |  |  | 2028 Notes |  |  | Total |
Gross carrying amount |  | $ | 575,000 |  |  | $ | 345,000 |  |  | $ | 920,000 |
Less: Unamortized discount |  |  | (13,368 | ) |  |  | (8,315 | ) |  |  | (21,683 | )
Less: Unamortized debt issuance costs |  |  | (365 | ) |  |  | (235 | ) |  |  | (600 | )
Net carrying amount |  | $ | 561,267 |  |  | $ | 336,450 |  |  | $ | 897,717 |
|  | Three Months Ended September 30, 2021 |  |  | Nine Months Ended September 30, 2021 |
|  | 2026 Notes |  |  | 2028 Notes |  |  | Total |  |  | 2026 Notes |  |  | 2028 Notes |  |  | Total |
Contractual interest expense |  | $ | - |  |  | $ | 970 |  |  | $ | 970 |  |  | $ | - |  |  | $ | 2,232 |  |  | $ | 2,232 |
Amortization of discount |  |  | 756 |  |  |  | 325 |  |  |  | 1,081 |  |  |  | 1,726 |  |  |  | 741 |  |  |  | 2,467 |
Amortization of debt issuance costs |  |  | 21 |  |  |  | 9 |  |  |  | 30 |  |  |  | 47 |  |  |  | 21 |  |  |  | 68 |
Total interest expense |  | $ | 777 |  |  | $ | 1,304 |  |  | $ | 2,081 |  |  | $ | 1,773 |  |  | $ | 2,994 |  |  | $ | 4,767 |
Effective interest rate |  |  | 0.5 | % |  |  | 1.5 | % |  |  |  |  |  |  | 0.5 | % |  |  | 1.5 | % |  |  |  |
Unamortized Debt Issuance Costs [Table Text Block] |
|  | September 30, 2021 |  |  | December 31, 2020 |
Revolving Credit Facility portion: |  |  |  |  |  |  |  |
Other noncurrent assets |  | $ | 2,746 |  |  | $ | 3,249 |
Term loans and Notes portion: |  |  |  |  |  |  |  |
Long-term debt (contra account) |  |  | 29,747 |  |  |  | 21,897 |
Total |  | $ | 32,493 |  |  | $ | 25,146 |
Schedule of Maturities of Long-term Debt [Table Text Block] |
Year Ending December 31, |  | Amount |
2021 (remaining three months) |  | $ | 8,433 |
2022 |  |  | 37,986 |
2023 |  |  | 55,008 |
2024 |  |  | 76,285 |
2025 |  |  | 557,147 |
Thereafter |  |  | 3,155,464 |
Total |  | $ | 3,890,323 |

X
- Definition Tabular disclosure of summary of term loans. + References No definition available. + Details
Name: | cabo_SummaryOfTermLoansTableTextBlock
Namespace Prefix: | cabo_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the unamortized debt issuance costs of debt instruments. + References No definition available. + Details
Name: | cabo_UnamortizedDebtIssuanceCostsTableTextBlock
Namespace Prefix: | cabo_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of convertible debt instrument. Includes, but is not limited to, principal amount and amortized premium or discount. + References No definition available. + Details
Name: | us-gaap_ConvertibleDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration