Annual report pursuant to Section 13 and 15(d)

Long-Term Debt - Additional Information (Detail)

v3.22.4
Long-Term Debt - Additional Information (Detail)
1 Months Ended 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Mar. 19, 2025
Sep. 15, 2023
Jul. 30, 2021
USD ($)
Feb. 10, 2021
Mar. 19, 2020
USD ($)
Dec. 12, 2019
USD ($)
Aug. 16, 2018
USD ($)
Jul. 31, 2021
May 31, 2021
USD ($)
May 31, 2020
USD ($)
Aug. 31, 2018
USD ($)
Mar. 31, 2018
USD ($)
$ / shares
Sep. 30, 2021
USD ($)
Jun. 30, 2021
USD ($)
Mar. 31, 2020
USD ($)
Jun. 30, 2022
USD ($)
Days
Jun. 30, 2021
USD ($)
Sep. 30, 2021
Dec. 31, 2022
USD ($)
Days
$ / shares
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Mar. 31, 2022
USD ($)
Jan. 01, 2022
USD ($)
Jun. 30, 2020
USD ($)
Sep. 30, 2018
USD ($)
Debt Instrument [Line Items]                                                  
Outstanding principal amount                                     $ 2,716,900,000            
Convertible notes paid                                     273,200,000 $ 0 $ 0        
(Gain) Loss on extinguishment of debt                                     (12,800,000) 24,600,000 0        
Accumulated deficit                                     (1,204,500,000) (1,169,000,000.0)          
Borrowings under the senior secured credit facility                                     971,300,000 1,088,600,000          
Interest expense                                     139,300,000 153,100,000 133,000,000.0        
Amortization of deferred financing costs                                     6,300,000 6,000,000.0 4,600,000        
Paid-in-capital in excess of par value                                     188,700,000 318,100,000          
Long-term debt                                     2,692,000,000.0 2,762,600,000          
Letters of credit issued but undrawn                                     26,600,000            
ASU 2020-06                                                  
Debt Instrument [Line Items]                                                  
Accumulated deficit                                             $ 77,600,000    
Additional Paid in Capital                                             136,700,000    
Long-term debt                                             59,100,000    
2.625% Convertible Senior Notes Due 2024 [Member]                                                  
Debt Instrument [Line Items]                                                  
Outstanding principal amount                       $ 550,000,000.0             262,500,000 550,000,000.0          
Deferred financing costs                       12,900,000                          
Aggregate principal amount of convertible senior notes issued                       $ 550,000,000.0             277,500,000            
Debt instrument , Purchase Price                                     274,900,000            
(Gain) Loss on extinguishment of debt                                     (12,800,000)            
Additional Paid in Capital                                             136,700,000    
Interest expense                                     16,300,000 39,800,000 37,700,000        
Non-cash interest expense                                     0 23,700,000 21,800,000        
Amortization of deferred financing costs                                     $ 2,100,000 1,600,000 1,500,000        
Convertible notes, interest rate                       2.625%             2.625%            
Convertible notes maturity                       Mar. 15, 2024             Mar. 15, 2024            
Principal amount of convertible notes                       $ 1,000,000,000       $ 1,000     $ 1,000,000,000            
Convertible notes conversion rate                       16.0056             160,467.0000            
Convertible notes conversion price | $ / shares                       $ 62.48             $ 62.32            
Paid-in-capital in excess of par value                       $ 139,900,000                          
Long-term debt                       $ 410,100,000                     $ 59,100,000    
Effective interest rate on convertible notes                       8.40%                     3.10%    
Accrued interest                                     $ 1,700,000            
Repurchase of convertible notes                                     287,500,000            
Fair value of liability to convertible notes                                       547,400,000          
Reduction to long term debt representing carrying value of convertible debt                                     $ 286,000,000.0            
Convertible notes, conversion feature                                     Holders of the 2024 Convertible Notes may convert their notes at their option under the following circumstances: (i) during any calendar quarter commencing after the calendar quarter ending June 30, 2018, if the last reported sale price of the Company’s common shares for at least 20 trading days (whether or not consecutive) in a period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter exceeds 130% of the conversion price for the 2024 Convertible Notes on each applicable trading day; (ii) during the five business-day period immediately after any five consecutive trading day period, or the measurement period, in which the trading price per $1,000 principal amount of 2024 Convertible Notes for each trading day of that measurement period was less than 98% of the product of the last reported sale price of the Company’s common shares and the conversion rate for the 2024 Convertible Notes for each such day; (iii) if the Company calls the 2024 Convertible Notes for redemption; or (iv) upon the occurrence of specified corporate events. On and after December 15, 2023, holders may convert their 2024 Convertible Notes at any time, regardless of the foregoing circumstances. In December 2021, the Company made an irrevocable election under the indenture governing the 2024 Convertible Notes to require the principal portion of the 2024 Convertible Notes to be settled in cash and any excess in shares or cash.            
Convertible notes, number of trading days of threshold limit (whether or not consecutive) | Days                               20                  
Convertible notes, number of trading days of threshold limit in consecutive days | Days                               30                  
Minimum percentage of common share price over conversion price for conversion                       130.00%                          
Minimum percentage of the product of common share price and conversion rate for convertible notes                       98.00%                          
Deferred financing costs recorded as additional paid-in-capital in excess of par value                       $ 3,300,000                          
Unamortized debt discount and debt issuance costs                                     $ 1,300,000 64,000,000.0          
Convertible senior notes, carrying value                                     261,200,000 486,000,000.0          
Fair value of notes                                     243,300,000            
2.625% Convertible Senior Notes Due 2024 [Member] | Debt Issuance Costs [Member]                                                  
Debt Instrument [Line Items]                                                  
Deferred financing costs                       $ 9,600,000                          
4.250% Convertible Senior Notes Due 2028 [Member]                                                  
Debt Instrument [Line Items]                                                  
Outstanding principal amount                                     277,500,000            
Deferred financing costs                                     8,500,000            
Aggregate principal amount of convertible senior notes issued                                     250,000,000.0            
Interest expense                                     800,000            
Amortization of deferred financing costs                                     100,000            
Additional principal amount of convertible notes                                     27,500,000            
Convertible debt underwriters over allotment option fully exercised                                     $ 37,500,000            
Convertible notes, interest rate                                     4.25%            
Convertible notes maturity                                     Jun. 15, 2028            
Principal amount of convertible notes                                     $ 1,000,000,000            
Convertible notes conversion rate                                     58.8998            
Convertible notes conversion price | $ / shares                                     $ 16.98            
Effective interest rate on convertible notes                                     4.90%            
Fair value of liability to convertible notes                                     $ 305,400,000            
Convertible notes, conversion feature                                     Holders of the 2028 Convertible Notes may convert their notes at their option under the following circumstances: (i) during any calendar quarter commencing after the calendar quarter ending March 31, 2023, if the last reported sale price of the Company’s common shares for at least 20 trading days (whether or not consecutive) in a period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter exceeds 130% of the conversion price for the 2028 Convertible Notes on each applicable trading day; (ii) during the five business-day period immediately after any five consecutive trading day period, or the measurement period, in which the trading price per $1,000 principal amount of 2028 Convertible Notes for each trading day of that measurement period was less than 98% of the product of the last reported sale price of the Company’s common shares and the conversion rate for the 2028 Convertible Notes for each such day; (iii) if the Company calls the 2028 Convertible Notes for redemption; or (iv) upon the occurrence of specified corporate events. On and after March 15, 2028, holders may convert their 2028 Convertible Notes at any time, regardless of the foregoing circumstances.            
Convertible notes, number of trading days of threshold limit (whether or not consecutive) | Days                                     20            
Convertible notes, number of trading days of threshold limit in consecutive days | Days                                     30            
Minimum percentage of common share price over conversion price for conversion                                     130.00%            
Minimum percentage of the product of common share price and conversion rate for convertible notes                                     98.00%            
Unamortized debt discount and debt issuance costs                                     $ 8,400,000            
Convertible senior notes, carrying value                                     269,100,000            
7.875% Senior Notes Due 2025 [Member]                                                  
Debt Instrument [Line Items]                                                  
Outstanding principal amount                                     600,000,000.0 600,000,000.0          
Deferred financing costs                                     4,400,000 5,800,000       $ 7,900,000  
Aggregate principal amount of convertible senior notes issued                   $ 600,000,000.0                              
Interest expense                                     48,700,000 48,600,000 28,500,000        
Amortization of deferred financing costs                                     $ 1,400,000 1,300,000 700,000        
Convertible notes, interest rate                   7.875%                 7.875%            
Convertible notes maturity                   Sep. 01, 2025                 Jan. 09, 2025            
Carrying amount                                     $ 595,600,000 594,200,000          
7.875% Senior Notes Due 2025 [Member] | Debt Issuance Costs [Member]                                                  
Debt Instrument [Line Items]                                                  
Deferred financing costs                                               $ 7,900,000  
7.875% Senior Notes Due 2025 [Member] | Level 2 [Member]                                                  
Debt Instrument [Line Items]                                                  
Fair value of notes                                     534,400,000 639,700,000          
7.250% Senior Notes Due 2026 [Member]                                                  
Debt Instrument [Line Items]                                                  
Deferred financing costs                                                 $ 5,400,000
Aggregate principal amount of convertible senior notes issued                 $ 600,000,000.0   $ 400,000,000.0                            
Credit facility, amount borrowed                 428,500,000                                
(Gain) Loss on extinguishment of debt                           $ 24,600,000                      
Interest expense                                       11,500,000 29,600,000        
Amortization of deferred financing costs                                       200,000 600,000        
Convertible notes, interest rate                     7.25%                            
Convertible notes maturity                     Aug. 15, 2026                            
Accrued interest                 7,700,000                                
Proceed to redeem senior notes                 400,000,000.0                                
7.250% Senior Notes Due 2026 [Member] | Debt Issuance Costs [Member]                                                  
Debt Instrument [Line Items]                                                  
Deferred financing costs                                                 $ 5,400,000
4.875% Senior Notes Due 2029 [Member]                                                  
Debt Instrument [Line Items]                                                  
Outstanding principal amount                                     600,000,000.0 600,000,000.0          
Deferred financing costs                           7,700,000     $ 7,700,000     7,200,000          
Aggregate principal amount of convertible senior notes issued                 $ 600,000,000.0                                
Interest expense                                     30,100,000 18,400,000          
Amortization of deferred financing costs                                     $ 800,000 500,000          
Convertible notes, interest rate                 4.875%                   4.875%            
Convertible notes maturity                 Jun. 01, 2029                   Jan. 06, 2029            
Unamortized debt discount and debt issuance costs                                     $ 6,400,000            
Senior notes, redemption price, percentage                 100.00%                                
Senior notes, redemption price percentage with equity offerings                 104.875%                                
Carrying amount                                     593,600,000 592,800,000          
Fair value of notes                                     412,500,000 588,900,000          
4.875% Senior Notes Due 2029 [Member] | Debt Issuance Costs [Member]                                                  
Debt Instrument [Line Items]                                                  
Deferred financing costs                           $ 7,700,000     $ 7,700,000                
4.875% Senior Notes Due 2029 [Member] | Maximum [Member]                                                  
Debt Instrument [Line Items]                                                  
Percentage of aggregate principal amount of senior notes being redeemed                 40.00%                                
Eurodollar [Member]                                                  
Debt Instrument [Line Items]                                                  
Base rate interest rate floor             0.00%                                    
2018 Revolving Credit Facility [Member]                                                  
Debt Instrument [Line Items]                                                  
Credit facility, amount borrowed                                       630,000,000.0          
Credit facility, amount repaid                                     654,000,000.0 480,000,000.0          
Borrowings under the senior secured credit facility                                     60,000,000.0 150,000,000.0          
2018 Term Loan A [Member] | 2018 Revolving Credit Facility [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate     0.03%                                            
2018 Term Loan B [Member]                                                  
Debt Instrument [Line Items]                                                  
Credit facility, amount repaid                                       60,000,000.0          
2017 Credit Facility [Member] | 2017 Revolving Credit Facility [Member]                                                  
Debt Instrument [Line Items]                                                  
Repayment of prior senior secured credit facility             $ 1,178,100,000                                    
2018 Credit Facility [Member]                                                  
Debt Instrument [Line Items]                                                  
Credit facility, maximum amount             1,250,000,000                                    
Deferred financing costs           $ 1,200,000 11,700,000                             $ 1,100,000      
Credit facility, amount borrowed                                     564,000,000.0 671,200,000 30,400,000        
Credit facility, amount repaid                                     $ 683,000,000.0 $ 561,300,000 20,700,000        
Long-term debt, weighted average interest rate                                     4.08% 2.62%          
Borrowings under the senior secured credit facility                                     $ 975,700,000 $ 1,094,600,000          
Interest expense                                     45,000,000.0 33,900,000 37,200,000        
Non-cash interest expense                                     300,000 400,000 300,000        
Amortization of deferred financing costs                                     1,900,000 2,300,000 $ 1,800,000        
Commitment Fee Percentage               0.35%                                  
2018 Credit Facility [Member] | 2024 Convertible Notes Exceeds 350 Million [Member] | Minimum [Member]                                                  
Debt Instrument [Line Items]                                                  
Outstanding principal amount         $ 350,000,000.0   $ 350,000,000.0                                    
2018 Credit Facility [Member] | 2024 Convertible Notes Less Than 350 Million [Member] | Maximum [Member]                                                  
Debt Instrument [Line Items]                                                  
Outstanding principal amount                                     350,000,000.0            
2018 Credit Facility [Member] | Second Amendment [Member]                                                  
Debt Instrument [Line Items]                                                  
Debt Modification Costs     $ 1,400,000   1,600,000                                        
Deferred financing costs         $ 1,100,000                           800,000            
Credit facility amendment date         Mar. 19, 2020                                        
Recognized in interest expense, net                         $ 600,000   $ 500,000                    
2018 Credit Facility [Member] | LIBOR [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate             1.00%                                    
2018 Credit Facility [Member] | Base Rate [Member]                                                  
Debt Instrument [Line Items]                                                  
Base rate interest rate floor             1.00%                                    
2018 Credit Facility [Member] | Federal Funds Rate [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate             0.50%                                    
2018 Credit Facility [Member] | 2018 Revolving Credit Facility [Member]                                                  
Debt Instrument [Line Items]                                                  
Credit facility, maximum amount             $ 250,000,000.0                                    
Borrowings under the senior secured credit facility                                     60,000,000.0 150,000,000.0          
2018 Credit Facility [Member] | 2018 Revolving Credit Facility [Member] | Minimum [Member]                                                  
Debt Instrument [Line Items]                                                  
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage     0.25%       0.25%                                    
2018 Credit Facility [Member] | 2018 Revolving Credit Facility [Member] | Maximum [Member]                                                  
Debt Instrument [Line Items]                                                  
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage     0.35%       0.35%                                    
2018 Credit Facility [Member] | 2018 Revolving Credit Facility [Member] | Second Amendment [Member] | Minimum [Member]                                                  
Debt Instrument [Line Items]                                                  
Credit facility, maximum amount         $ 250,000,000.0                                        
2018 Credit Facility [Member] | 2018 Revolving Credit Facility [Member] | Second Amendment [Member] | Maximum [Member]                                                  
Debt Instrument [Line Items]                                                  
Credit facility, maximum amount                                     282,500,000            
2018 Credit Facility [Member] | 2018 Revolving Credit Facility [Member] | Fourth Amendment [Member] | Minimum [Member]                                                  
Debt Instrument [Line Items]                                                  
Credit facility, maximum amount     $ 282,500,000                                            
2018 Credit Facility [Member] | 2018 Revolving Credit Facility [Member] | Fourth Amendment [Member] | Maximum [Member]                                                  
Debt Instrument [Line Items]                                                  
Credit facility, maximum amount                                     $ 330,000,000.0            
2018 Credit Facility [Member] | 2018 Revolving Credit Facility [Member] | Base Rate [Member] | Minimum [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate     0.75%                                            
2018 Credit Facility [Member] | 2018 Revolving Credit Facility [Member] | Base Rate [Member] | Maximum [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate     1.25%                                            
2018 Credit Facility [Member] | 2018 Revolving Credit Facility [Member] | Base Rate [Member] | Second Amendment [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate                                   1.50%              
2018 Credit Facility [Member] | 2018 Revolving Credit Facility [Member] | Base Rate [Member] | Second Amendment [Member] | Maximum [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate                                     1.25%            
2018 Credit Facility [Member] | 2018 Revolving Credit Facility [Member] | Eurodollar [Member] | Minimum [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate     1.75%                                            
2018 Credit Facility [Member] | 2018 Revolving Credit Facility [Member] | Eurodollar [Member] | Maximum [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate     2.25%                                            
2018 Credit Facility [Member] | 2018 Revolving Credit Facility [Member] | Eurodollar [Member] | Second Amendment [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate                                 2.50%                
2018 Credit Facility [Member] | 2018 Term Loan A [Member]                                                  
Debt Instrument [Line Items]                                                  
Outstanding principal amount             $ 250,000,000.0                                    
Borrowings under the senior secured credit facility                                     $ 257,600,000 279,000,000.0          
2018 Credit Facility [Member] | 2018 Term Loan A [Member] | Level 2 [Member]                                                  
Debt Instrument [Line Items]                                                  
Outstanding principal amount                                     257,000,000.0 278,100,000          
Debt instrument, fair value                                     250,000,000.0 278,000,000.0          
2018 Credit Facility [Member] | 2018 Term Loan A [Member] | 2024 Convertible Notes Exceeds 350 Million [Member]                                                  
Debt Instrument [Line Items]                                                  
Credit facility, maturity date   Sep. 15, 2023                                              
2018 Credit Facility [Member] | 2018 Term Loan A [Member] | Second Amendment [Member]                                                  
Debt Instrument [Line Items]                                                  
Extended maturity date Mar. 19, 2025                                                
2018 Credit Facility [Member] | 2018 Term Loan A [Member] | Second Amendment [Member] | Minimum [Member]                                                  
Debt Instrument [Line Items]                                                  
Credit facility, maximum amount         $ 234,400,000                                        
2018 Credit Facility [Member] | 2018 Term Loan A [Member] | Second Amendment [Member] | Maximum [Member]                                                  
Debt Instrument [Line Items]                                                  
Credit facility, maximum amount                                     264,800,000            
2018 Credit Facility [Member] | 2018 Term Loan A [Member] | Fourth Amendment [Member] | Minimum [Member]                                                  
Debt Instrument [Line Items]                                                  
Credit facility, maximum amount     $ 245,000,000.0                                            
2018 Credit Facility [Member] | 2018 Term Loan A [Member] | Fourth Amendment [Member] | Maximum [Member]                                                  
Debt Instrument [Line Items]                                                  
Credit facility, maximum amount                                     $ 286,200,000            
2018 Credit Facility [Member] | 2018 Term Loan A [Member] | Base Rate [Member] | Second Amendment [Member] | Minimum [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate             0.75%                                    
2018 Credit Facility [Member] | 2018 Term Loan A [Member] | Eurodollar [Member] | Second Amendment [Member] | Minimum [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate             1.75%                                    
2018 Credit Facility [Member] | 2018 Term Loan A [Member] | Eurodollar [Member] | Second Amendment [Member] | Maximum [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate                                     2.25%            
2018 Credit Facility [Member] | 2018 Term Loan A [Member] | 2018 Revolving Credit Facility [Member] | Base Rate [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate     1.50%   2.00%                                        
2018 Credit Facility [Member] | 2018 Term Loan A [Member] | 2018 Revolving Credit Facility [Member] | Eurodollar [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate     2.50%   3.00%                                        
2018 Credit Facility [Member] | 2018 Term Loan B [Member]                                                  
Debt Instrument [Line Items]                                                  
Outstanding principal amount             $ 750,000,000.0                                    
Credit facility, maturity date             Aug. 18, 2025                                    
Senior secured credit facility, discount percentage             0.25%                                    
Senior secured credit facility, discount amount             $ 1,900,000                                    
Borrowings under the senior secured credit facility                                     $ 658,100,000 665,600,000          
2018 Credit Facility [Member] | 2018 Term Loan B [Member] | Level 2 [Member]                                                  
Debt Instrument [Line Items]                                                  
Outstanding principal amount                                     654,300,000 660,500,000          
Debt instrument, fair value                                     $ 638,800,000 $ 663,100,000          
2018 Credit Facility [Member] | 2018 Term Loan B [Member] | 2024 Convertible Notes Exceeds 350 Million [Member]                                                  
Debt Instrument [Line Items]                                                  
Credit facility, maturity date             Dec. 15, 2023                                    
2018 Credit Facility [Member] | 2018 Term Loan B [Member] | Base Rate [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate       1.75%   1.75% 2.25%                                    
2018 Credit Facility [Member] | 2018 Term Loan B [Member] | Base Rate [Member] | Third Amendment [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate                                   1.50%              
2018 Credit Facility [Member] | 2018 Term Loan B [Member] | Eurodollar [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate       2.75%   2.75% 3.25%                                    
2018 Credit Facility [Member] | 2018 Term Loan B [Member] | Eurodollar [Member] | Third Amendment [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate                                 2.50%                
2018 Credit Facility [Member] | 2018 Term Loan B [Member] | 2018 Revolving Credit Facility [Member] | Base Rate [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate             1.50%                                    
2018 Credit Facility [Member] | 2018 Term Loan B [Member] | 2018 Revolving Credit Facility [Member] | Eurodollar [Member]                                                  
Debt Instrument [Line Items]                                                  
Interest rate spread on variable rate             2.50%                                    
Senior Unsecured Notes [Member]                                                  
Debt Instrument [Line Items]                                                  
Aggregate principal amount of convertible senior notes issued             $ 400,000,000.0