Debt - Additional Information (Detail) - USD ($)
|
|
6 Months Ended |
|
|
|
May 09, 2016 |
Jun. 30, 2017 |
Dec. 31, 2016 |
Jun. 30, 2016 |
Dec. 14, 2015 |
| Debt Instrument [Line Items] |
|
|
|
|
|
| Credit Agreement, interest rate terms |
|
Outstanding amounts under the Credit Agreement bear interest at our option at either: (i) the London interbank offered rate (“LIBOR”) plus an applicable margin (“LIBOR Loans”), or (ii) the prime rate plus an applicable margin (“Base Rate Loans”).
|
|
|
|
| Line of credit, covenant |
|
The Credit Agreement also contains customary negative covenants, including covenants that restrict or limit the Company’s ability to, among other things: (i) allow certain liens to attach to the Company’s or its subsidiaries’ assets, (ii) repurchase or pay dividends or make certain other restricted payments on capital stock and certain other securities, or prepay certain indebtedness, (iii) incur additional indebtedness or engage in certain other types of financing transactions, and (iv) make acquisitions or other investments.
|
|
|
|
| Line of credit facility, covenant compliance |
|
In addition, we must comply with a minimum fixed charge coverage ratio of 1.00 to 1.00 as of the last day of each quarter, upon the minimum availability amount under the Credit Agreement falling below the greater of (y) $90 million and (z) 10% of the lesser of the then total revolving loan commitment and aggregate borrowing base.
|
|
|
|
| Minimum fixed charges coverage ratio |
|
100.00%
|
|
|
|
| Line of credit, minimum borrowing availability for financial maintenance covenants to be applicable |
|
$ 90,000,000
|
|
|
|
| Applicable percentage of revolving loan commitment and aggregate borrowing base |
|
10.00%
|
|
|
|
| Obligations under capital leases |
|
$ 49,302,000
|
$ 50,704,000
|
|
|
| LIBOR Loans |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Revolving credit facility, margin rate |
|
1.50%
|
|
|
|
| Base Rate Loans |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Revolving credit facility, margin rate |
|
0.50%
|
|
|
|
| Minimum | LIBOR Loans |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Revolving credit facility, margin rate |
|
1.25%
|
|
|
|
| Minimum | Base Rate Loans |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Revolving credit facility, margin rate |
|
0.25%
|
|
|
|
| Maximum |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Percentage of net orderly liquidation value of rental-fleet to be included in determination of borrowing base |
|
90.00%
|
|
|
|
| Maximum | LIBOR Loans |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Revolving credit facility, margin rate |
|
1.75%
|
|
|
|
| Maximum | Base Rate Loans |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Revolving credit facility, margin rate |
|
0.75%
|
|
|
|
| $1 billion ABL Credit Agreement |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Credit Agreement, term |
|
5 years
|
|
|
|
| $1 billion ABL Credit Agreement | First Lien Senior Secured Revolving Credit Facility |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Credit Agreement, borrowing capacity |
|
|
|
|
$ 1,000,000,000
|
| Credit Agreement, maturity date |
|
Dec. 14, 2020
|
|
|
|
| U.S. Based Lenders | $1 billion ABL Credit Agreement | Standby Letters of Credit |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Credit Agreement, borrowing capacity |
|
|
|
|
50,000,000
|
| U.K. Based Lenders | $1 billion ABL Credit Agreement | Standby Letters of Credit |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Credit Agreement, borrowing capacity |
|
|
|
|
20,000,000
|
| Canadian Based Lenders | $1 billion ABL Credit Agreement | Standby Letters of Credit |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Credit Agreement, borrowing capacity |
|
|
|
|
$ 20,000,000
|
| Senior Notes 5.875 Percent Due 2024 |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Senior notes, face amount |
$ 250,000,000
|
$ 250,000,000
|
|
|
|
| Offering price percentage of face value |
100.00%
|
|
|
|
|
| Senior notes, interest rate |
|
5.875%
|
|
5.875%
|
|
| Senior notes, maturity term |
|
8 years
|
|
|
|
| Senior notes, maturity date |
|
Jul. 01, 2024
|
|
|
|
| Senior notes, interest payment term |
|
Interest on the 2024 Notes is payable semiannually in arrears on January 1 and July 1, beginning on January 1, 2017.
|
|
|
|
| Senior Notes 7.875 Percent Due 2020 |
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
| Redeemed senior notes, face amount |
$ 200,000,000
|
|
|
|
|
| Debt instrument redemption price, percentage |
103.938%
|
|
|
|
|
| Debt instrument, redemption date |
|
Jun. 08, 2016
|
|
|
|
| Senior notes, interest rate |
7.875%
|
7.875%
|
|
7.875%
|
|