Quarterly report pursuant to Section 13 or 15(d)

Debt Obligations (Tables)

v3.10.0.1
Debt Obligations (Tables)
9 Months Ended
Sep. 30, 2018
Debt Disclosure [Abstract]  
Long-term Debt Obligations Quanta’s long-term debt obligations consisted of the following (in thousands):
 
 
September 30, 2018
 
December 31, 2017
Borrowings under senior secured credit facility
 
$
952,517

 
$
668,427

Other long-term debt, interest rate of 2.4%
 
1,648

 
1,810

Capital leases, interest rates ranging from 2.5% to 3.8%
 
1,188

 
1,704

Total long-term debt obligations
 
955,353

 
671,941

Less — Current maturities of long-term debt
 
2,467

 
1,220

Total long-term debt obligations, net of current maturities
 
$
952,886

 
$
670,721

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):
 
 
September 30, 2018
 
December 31, 2017
Short-term debt
 
$
20,344

 
$

Current maturities of long-term debt
 
2,467

 
1,220

Current maturities of long-term debt and short-term debt
 
$
22,811

 
$
1,220

Borrowings under Credit Facility and Applicable Interest Rates Borrowings under the credit facility and the applicable interest rates during the three months ended September 30, 2018 and 2017 were as follows (dollars in thousands):
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
 
2018
 
2017
 
2018
 
2017
Maximum amount outstanding under the credit facility during the period
 
$
1,003,581

 
$
917,895

 
$
1,053,598

 
$
917,895

Average daily amount outstanding under the credit facility
 
$
899,323

 
$
760,418

 
$
836,448

 
$
564,178

Weighted-average interest rate
 
3.70
%
 
2.66
%
 
3.57
%
 
2.60
%