Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt - Additional Information (Detail)

v3.19.1
Long-Term Debt - Additional Information (Detail)
1 Months Ended 3 Months Ended 12 Months Ended
Aug. 16, 2018
USD ($)
Feb. 15, 2017
USD ($)
Mar. 09, 2016
USD ($)
May 04, 2015
Aug. 31, 2018
USD ($)
Mar. 31, 2018
USD ($)
$ / shares
Feb. 28, 2014
USD ($)
$ / shares
Mar. 31, 2019
USD ($)
Day
d
$ / shares
Dec. 31, 2018
USD ($)
Day
Mar. 31, 2018
USD ($)
$ / shares
Mar. 31, 2014
USD ($)
Dec. 31, 2018
USD ($)
Sep. 30, 2018
USD ($)
Mar. 09, 2011
USD ($)
Debt Instrument [Line Items]                            
Outstanding principal amount               $ 2,617,800,000            
Loss on extinguishment of debt                   $ 13,100,000        
Borrowings under the senior secured credit facility               979,100,000 $ 983,600,000     $ 983,600,000    
Interest expense               42,400,000   44,600,000        
Paid-in-capital in excess of par value               333,800,000 341,500,000     341,500,000    
Long-term debt               2,461,700,000 2,453,800,000     2,453,800,000    
Convertible notes paid                   582,500,000        
Reclassification of difference between aggregate principal amount and carrying value from additional paid in capital to temporary equity               11,300,000            
Letters of credit issued but undrawn               38,300,000            
Capped call transactions [Member]                            
Debt Instrument [Line Items]                            
Capped call transactions with financial institutions             $ 123,800,000              
Prepaid forward share repurchase transactions [Member]                            
Debt Instrument [Line Items]                            
Forward share repurchase transactions amount             685,800,000       $ 685,800,000      
Convertible Senior Notes Due 2019 [Member]                            
Debt Instrument [Line Items]                            
Outstanding principal amount             1,150,000,000 675,000,000 $ 675,000,000     675,000,000    
Deferred financing costs                     26,600,000      
Aggregate principal amount of convertible senior notes issued             1,000,000,000              
Interest expense               10,700,000   18,700,000        
Non-cash interest expense               6,700,000   10,400,000        
Amortization of deferred financing costs               $ 700,000   1,000,000        
Additional principal amount of convertible notes             $ 150,000,000              
Convertible notes, interest rate             2.00% 2.00%            
Convertible notes maturity             Aug. 15, 2019 Aug. 15, 2019            
Convertible notes, conversion feature               Holders of the 2019 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, 2014, 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 2019 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 2019 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 2019 Convertible Notes for each such day; or (iii) upon the occurrence of specified corporate events. On and after May 15, 2019, holders may convert their 2019 Convertible Notes at any time, regardless of the foregoing circumstances.            
Convertible notes, number of trading days of threshold limit (whether or not consecutive) | Day               20 20          
Convertible notes, number of trading days of threshold limit in consecutive days | Day               30 30          
Minimum percentage of common share price over conversion price for conversion             130.00% 130.00% 130.00%          
Principal amount of convertible notes             $ 1,000 $ 1,000            
Minimum percentage of the product of common share price and conversion rate for convertible notes             98.00%              
Convertible notes conversion rate             23.1816 23.2245            
Convertible notes conversion price | $ / shares             $ 43.14 $ 43.06            
Closing price of common shares | $ / shares               $ 52.99            
Paid-in-capital in excess of par value             $ 219,100,000       5,100,000      
Long-term debt             $ 930,900,000              
Effective interest rate on convertible notes             6.20%              
Convertible notes paid           $ 583,500,000                
Accrued interest           1,000,000       1,000,000        
Fair value of liability to convertible notes               $ 669,000,000 $ 662,100,000     662,100,000    
Unamortized debt discount and debt issuance costs               11,300,000 18,600,000     18,600,000    
Convertible senior notes, carrying value of liability component               663,700,000 656,400,000     656,400,000    
Reclassification of difference between aggregate principal amount and carrying value from additional paid in capital to temporary equity                 11,300,000          
Convertible Senior Notes Due 2019 [Member] | Repurchase of 2019 Convertible Notes [Member]                            
Debt Instrument [Line Items]                            
Loss on extinguishment of debt           13,100,000   13,100,000            
Repurchase of convertible notes           475,000,000   475,000,000            
Fair value of liability to convertible notes           459,400,000       459,400,000        
Fair value of equity component to convertible notes           123,000,000       123,000,000        
Reduction to long-term debt representing liability component of convertible notes           446,400,000                
Reduction to additional paid-in capital representing equity component           123,000,000                
Convertible Senior Notes Due 2019 [Member] | Debt Issuance Costs [Member]                            
Debt Instrument [Line Items]                            
Deferred financing costs                     $ 21,500,000      
Convertible Senior Notes Due 2024 [Member]                            
Debt Instrument [Line Items]                            
Outstanding principal amount               550,000,000 550,000,000     550,000,000    
Deferred financing costs           12,900,000       12,900,000        
Aggregate principal amount of convertible senior notes issued           $ 550,000,000       550,000,000        
Interest expense               8,800,000   800,000        
Non-cash interest expense               4,900,000   $ 500,000        
Amortization of deferred financing costs               $ 300,000            
Convertible notes, interest rate           2.625%   2.625%   2.625%        
Convertible notes maturity           Mar. 15, 2024   Mar. 15, 2024            
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.            
Convertible notes, number of trading days of threshold limit (whether or not consecutive) | d               20            
Convertible notes, number of trading days of threshold limit in consecutive days | d               30            
Minimum percentage of common share price over conversion price for conversion           130.00%                
Principal amount of convertible notes           $ 1,000   $ 1,000            
Minimum percentage of the product of common share price and conversion rate for convertible notes           98.00%                
Convertible notes conversion rate           16.0056   16.0352            
Convertible notes conversion price | $ / shares           $ 62.48   $ 62.36   $ 62.48        
Paid-in-capital in excess of par value           $ 139,900,000       $ 139,900,000        
Long-term debt           $ 410,100,000       $ 410,100,000        
Effective interest rate on convertible notes           8.40%       8.40%        
Fair value of liability to convertible notes               $ 476,400,000 448,100,000     448,100,000    
Unamortized debt discount and debt issuance costs               128,900,000 134,000,000     134,000,000    
Convertible senior notes, carrying value of liability component               421,100,000 416,000,000     416,000,000    
Deferred financing costs recorded as additional paid-in-capital in excess of par value           $ 3,300,000       $ 3,300,000        
Convertible Senior Notes Due 2024 [Member] | Debt Issuance Costs [Member]                            
Debt Instrument [Line Items]                            
Deferred financing costs           $ 9,600,000       9,600,000        
Senior Notes Due 2026 [Member]                            
Debt Instrument [Line Items]                            
Outstanding principal amount               400,000,000 400,000,000     400,000,000    
Deferred financing costs               5,100,000 5,200,000     5,200,000 $ 5,400,000  
Aggregate principal amount of convertible senior notes issued         $ 400,000,000                  
Interest expense               7,400,000            
Amortization of deferred financing costs               $ 100,000            
Convertible notes, interest rate         7.25%     7.25%            
Convertible notes maturity         Aug. 15, 2026     Aug. 15, 2026            
Senior notes, redemption price, percentage         100.00%                  
Senior notes, redemption price percentage with equity offerings         107.25%                  
Carrying amount               $ 394,900,000 394,800,000     394,800,000    
Fair value of notes               413,100,000 $ 394,600,000     394,600,000    
Senior Notes Due 2026 [Member] | Debt Issuance Costs [Member]                            
Debt Instrument [Line Items]                            
Deferred financing costs                         $ 5,400,000  
Minimum [Member] | Convertible Senior Notes Due 2019 [Member]                            
Debt Instrument [Line Items]                            
Outstanding principal amount               $ 155,700,000            
Maximum [Member] | Senior Notes Due 2026 [Member]                            
Debt Instrument [Line Items]                            
Percentage of aggregate pricipal amount of senior notes being redeemed         40.00%                  
2011 Credit Facility [Member] | 2011 Revolving Credit Facility [Member]                            
Debt Instrument [Line Items]                            
Credit facility, maximum amount                           $ 700,000,000
Credit facility amendment date               May 04, 2015            
Line of credit facility extended maturity period               1 year            
Amended maturity date of credit facility               Mar. 09, 2017            
Repayment of prior senior secured credit facility   $ 410,000,000                        
Revolving credit facility termination date               Feb. 15, 2017            
2011 Credit Facility [Member] | 2011 Revolving Credit Facility [Member] | LIBOR [Member] | Minimum [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate       4.00%                    
2011 Credit Facility [Member] | 2011 Revolving Credit Facility [Member] | LIBOR [Member] | Maximum [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate       5.00%                    
2011 Credit Facility [Member] | 2011 Revolving Credit Facility [Member] | Base Rate [Member] | Minimum [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate       3.00%                    
2011 Credit Facility [Member] | 2011 Revolving Credit Facility [Member] | Base Rate [Member] | Maximum [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate       4.00%                    
2011 Credit Facility [Member] | 2011 Term Loan [Member]                            
Debt Instrument [Line Items]                            
Credit facility, maximum amount                           $ 500,000,000
Credit facility amendment date               Jul. 26, 2012            
Credit facility, maturity date               Mar. 09, 2016            
Repayment of prior senior secured credit facility     $ 229,700,000                      
2011 Credit Facility [Member] | 2011 Term Loan [Member] | LIBOR [Member] | Minimum [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate       2.00%                    
2011 Credit Facility [Member] | 2011 Term Loan [Member] | LIBOR [Member] | Maximum [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate       3.00%                    
2011 Credit Facility [Member] | 2011 Term Loan [Member] | Base Rate [Member] | Minimum [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate       1.00%                    
2011 Credit Facility [Member] | 2011 Term Loan [Member] | Base Rate [Member] | Maximum [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate       2.00%                    
2017 Credit Facility [Member]                            
Debt Instrument [Line Items]                            
Credit facility, maximum amount   1,450,000,000                        
Credit Facility amended, effective date               Mar. 16, 2018            
Deferred financing costs   $ 22,600,000                        
Credit facility, amount repaid $ 1,178,100,000                 24,400,000        
2017 Credit Facility [Member] | Other Expense (Income), Net [Member]                            
Debt Instrument [Line Items]                            
Loss on extinguishment of debt                       $ 35,400,000    
2017 Credit Facility [Member] | LIBOR [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate   1.00%                        
2017 Credit Facility [Member] | Base Rate [Member]                            
Debt Instrument [Line Items]                            
Base rate interest rate floor   1.75%                        
2017 Credit Facility [Member] | Federal Funds Rate [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate   0.50%                        
2017 Credit Facility [Member] | 2017 Revolving Credit Facility [Member]                            
Debt Instrument [Line Items]                            
Credit facility, maximum amount   $ 150,000,000                        
Credit facility, maturity date               Feb. 15, 2022            
Repayment of prior senior secured credit facility 1,178,100,000                          
Credit facility LIBOR minimum floor rate interest   0.75%                        
2017 Credit Facility [Member] | 2017 Revolving Credit Facility [Member] | Base Rate [Member] | Scenario Leverage Ratio One [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate   3.50%                        
2017 Credit Facility [Member] | 2017 Revolving Credit Facility [Member] | Base Rate [Member] | Scenario Leverage Ratio Two [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate   3.75%                        
2017 Credit Facility [Member] | 2017 Revolving Credit Facility [Member] | Eurodollar [Member] | Scenario Leverage Ratio One [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate   4.50%                        
2017 Credit Facility [Member] | 2017 Revolving Credit Facility [Member] | Eurodollar [Member] | Scenario Leverage Ratio Two [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate   4.75%                        
2017 Credit Facility [Member] | 2017 Term Loan B [Member]                            
Debt Instrument [Line Items]                            
Credit facility, maturity date               Feb. 15, 2023            
Outstanding principal amount   $ 1,300,000,000                        
Senior secured credit facility, discount percentage   2.00%                        
Senior secured credit facility, discount amount   $ 26,000,000                        
2017 Credit Facility [Member] | 2017 Term Loan B [Member] | Base Rate [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate   4.50%                        
2017 Credit Facility [Member] | 2017 Term Loan B [Member] | Eurodollar [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate   5.50%                        
2017 Credit Facility [Member] | 2017 Term Loan B [Member] | 2017 Revolving Credit Facility [Member]                            
Debt Instrument [Line Items]                            
Revolving credit facility termination date               Aug. 16, 2018            
2018 Credit Facility [Member]                            
Debt Instrument [Line Items]                            
Credit facility, maximum amount 1,250,000,000                          
Deferred financing costs 11,700,000                          
Credit facility, amount repaid               $ 5,000,000            
Line of credit facility, frequency of interest payments               quarterly            
Long-term debt, weighted average interest rate               5.71% 6.80%     6.80%    
Borrowings under the senior secured credit facility               $ 990,000,000 $ 995,000,000     $ 995,000,000    
Foreign currency borrowings, outstanding               0 0     0    
2018 Credit Facility [Member] | Minimum [Member] | Two Thousand Nineteen Convertible Notes Exceeds Three Fifty Million                            
Debt Instrument [Line Items]                            
Outstanding principal amount 350,000,000                          
2018 Credit Facility [Member] | Minimum [Member] | 2024 Convertible Notes Exceeds 350 Million [Member]                            
Debt Instrument [Line Items]                            
Outstanding principal amount $ 350,000,000                          
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                          
Credit facility, maturity date Aug. 16, 2023                          
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage 0.50%                          
Borrowings under the senior secured credit facility               0 0     0    
2018 Credit Facility [Member] | 2018 Revolving Credit Facility [Member] | Base Rate [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate 2.00%                          
2018 Credit Facility [Member] | 2018 Revolving Credit Facility [Member] | Eurodollar [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate 2.00%                          
2018 Credit Facility [Member] | 2018 Term Loan A [Member]                            
Debt Instrument [Line Items]                            
Credit facility, maturity date Aug. 16, 2023                          
Outstanding principal amount $ 250,000,000                          
Borrowings under the senior secured credit facility               243,800,000 246,900,000     246,900,000    
2018 Credit Facility [Member] | 2018 Term Loan A [Member] | Level 2 [Member]                            
Debt Instrument [Line Items]                            
Outstanding principal amount               242,400,000 245,400,000     245,400,000    
Debt instrument, fair value               244,600,000 240,700,000     240,700,000    
2018 Credit Facility [Member] | 2018 Term Loan A [Member] | Base Rate [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate 3.00%                          
2018 Credit Facility [Member] | 2018 Term Loan A [Member] | Eurodollar [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate 3.00%                          
2018 Credit Facility [Member] | 2018 Term Loan B [Member]                            
Debt Instrument [Line Items]                            
Credit facility, maturity date Aug. 18, 2025                          
Outstanding principal amount $ 750,000,000                          
Senior secured credit facility, discount percentage 0.25%                          
Senior secured credit facility, discount amount $ 1,900,000                          
Borrowings under the senior secured credit facility               746,200,000 748,100,000     748,100,000    
2018 Credit Facility [Member] | 2018 Term Loan B [Member] | Level 2 [Member]                            
Debt Instrument [Line Items]                            
Outstanding principal amount               736,700,000 738,200,000     738,200,000    
Debt instrument, fair value               748,600,000 $ 729,300,000     $ 729,300,000    
2018 Credit Facility [Member] | 2018 Term Loan B [Member] | Two Thousand Nineteen Convertible Notes Exceeds Three Fifty Million                            
Debt Instrument [Line Items]                            
Credit facility, maturity date May 16, 2019                          
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 2.25%                          
2018 Credit Facility [Member] | 2018 Term Loan B [Member] | Eurodollar [Member]                            
Debt Instrument [Line Items]                            
Interest rate spread on variable rate 3.25%                          
Senior Unsecured Notes [Member]                            
Debt Instrument [Line Items]                            
Aggregate principal amount of convertible senior notes issued $ 400,000,000                          
2018 and 2017 Credit Facility [Member]                            
Debt Instrument [Line Items]                            
Interest expense               15,000,000   24,200,000        
Non-cash interest expense               100,000   1,100,000        
Amortization of deferred financing costs               $ 400,000   $ 1,000,000