Quarterly report pursuant to Section 13 or 15(d)

Debt Obligations (Tables)

v3.19.2
Debt Obligations (Tables)
6 Months Ended
Jun. 30, 2019
Debt Disclosure [Abstract]  
Long-term Debt Obligations
Quanta’s long-term debt obligations consisted of the following (in thousands):
 
 
June 30, 2019
 
December 31, 2018
Borrowings under senior secured credit facility
 
$
1,540,384

 
$
1,070,299

Other long-term debt
 
8,761

 
1,523

Finance leases
 
2,174

 
934

Total long-term debt obligations
 
1,551,319

 
1,072,756

Less — Current maturities of long-term debt
 
34,047

 
32,224

Total long-term debt obligations, net of current maturities
 
$
1,517,272

 
$
1,040,532


Current Maturities of Long-Term Debt and Short-Term Debt
Quanta’s current maturities of long-term debt and short-term debt consisted of the following (in thousands):
 
 
June 30, 2019
 
December 31, 2018
Short-term debt
 
$
18,814

 
$
33,422

Current maturities of long-term debt
 
34,047

 
32,224

Current maturities of long-term debt and short-term debt
 
$
52,861

 
$
65,646


Borrowings under Credit Facility and Applicable Interest Rates
Borrowings under the credit facility and the applicable interest rates were as follows (dollars in thousands):
 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
 
June 30,
 
 
2019
 
2018
 
2019
 
2018
Maximum amount outstanding under the credit facility during the period
 
$
1,637,602

 
$
1,053,598

 
$
1,637,602

 
$
1,053,598

Average daily amount outstanding under the credit facility
 
$
1,524,763

 
$
922,719

 
$
1,395,349

 
$
804,490

Weighted-average interest rate
 
3.88
%
 
3.62
%
 
3.90
%
 
3.50
%