Redbox 2014 Annual Report Download - page 82

Download and view the complete annual report

Please find page 82 of the 2014 Redbox annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 126

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126

74
Note 7: Debt and Other Long-Term Liabilities
Debt Other Liabilities
Total
Senior Notes Credit Facility
Total Debt
Capital
Lease
Obligations
Asset
retirement
obligations
Other long-
term
liabilitiesDollars in thousands
Senior
Unsecured
Notes due
2019
Senior
Unsecured
Notes due
2021 Term Loans
Revolving
Line of
Credit
As of December 31, 2014:
Principal. . . . . . . . . . . . . . . . . . $ 350,000 $ 300,000 $ 146,250 $ 160,000 $ 956,250
Discount. . . . . . . . . . . . . . . . . . (4,296) (4,152) (335) — (8,783)
Total. . . . . . . . . . . . . . . . . . . . . 345,704 295,848 145,915 $ 160,000 947,467 $ 15,391 $ 13,576 $ 17,651 $ 994,085
Less: current portion . . . . . . . . — — (9,390) — (9,390)(11,026)— —
(20,416)
Total long-term portion . . . . . . $ 345,704 $ 295,848 $ 136,525 $ 160,000 $ 938,077 $ 4,365 $ 13,576 $ 17,651 $ 973,669
Unamortized deferred
financing fees(1) . . . . . . . . . . . . $ 649 $ 1,372 $ — $ 2,965 $ 4,986 $ 4,986
Debt Other Liabilities
Total
Senior
Unsecured
Notes due
2019
Credit Facility
Convertible
Notes Total Debt
Capital
Lease
Obligations
Asset
retirement
obligations
Other long-
term
liabilitiesDollars in thousands Term Loans
Revolving
Line of
Credit
As of December 31, 2013:
Principal. . . . . . . . . . . . . . . . . . $ 350,000 $ 344,375 $ — $ 51,148 $ 745,523
Discount. . . . . . . . . . . . . . . . . . (5,317) — — (1,446)(6,763)
Total. . . . . . . . . . . . . . . . . . . . . 344,683 344,375 $ — 49,702 738,760 $ 21,361 $ 13,086 $ 12,085 $ 785,292
Less: current portion . . . . . . . . — (42,187) — (49,702)(91,889)(11,997)— (3)(103,889)
Total long-term portion . . . . . . $ 344,683 $ 302,188 $ — $ — $ 646,871 $ 9,364 $ 13,086 $ 12,082 $ 681,403
Unamortized deferred
financing fees(1) . . . . . . . . . . . . $ 832 $ 1,259 $ 2,749 $ 186 $ 5,026 $ 5,026
(1)Deferred financing fees are recorded in other long-term assets in our Consolidated Balance Sheets and are amortized on a straight line basis over the life of the related loan.