Rendering

Component: (Network and Table)
Network
2315301 - Disclosure - Debt (Tables)
(http://www.csc.com/role/DebtTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Debt Disclosure [Abstract]Period [Axis]
2015-04-04 - 2016-04-01
Debt Disclosure [Abstract]
 
Schedule of Long-term Debt
The following is a summary of CSRA’s debt as of April 1, 2016 and April 3, 2015:
 
 
April 1, 2016
 
April 3, 2015
Revolving credit facility, due November 2020
$
50,000

$

Tranche A1 facility, due November 2018
 
600,000

 

Tranche A2 facility, due November 2020
 
1,431,875

 

Term Loan B facility, due November 2022
 
748,125

 

Capitalized lease liability
 
150,721

 
151,284

Total debt
 
2,980,721

 
151,284

 
 
 
 
 
Less: unamortized debt issuance costs
 
(45,676
)
 

Less: current portion of long-term debt
 
(170,191
)
 
(21,351
)
 
 
 
 
 
Total long-term debt, net of current maturities (1)
$
2,764,854

$
129,933

(1) As of April 1, 2016, the fair value of the Company’s debt, based on recent trading activity, approximated carrying value. We determined the fair value of our long-term debt using Level 2 inputs, in which fair value is generally estimated based on quoted market prices for identical or similar instruments.
 
 
Schedule of Maturities of Long-term Debt
Expected maturities of long-term debt, excluding future minimum capital lease payments for fiscal years subsequent to fiscal 2016, are as follows:
Fiscal Year
 
Amount (1)
2017
$
128,000

2018
 
80,000

2019
 
680,000

2020
 
80,000

2021
 
1,199,375

Thereafter
 
662,625

Total
$
2,830,000

 
 
 
(1) Includes estimated required excess cash flow payments that are due under the credit agreement governing CSRA’s Term Loan Facilities. This does not include excess cash flow or voluntary prepayments of borrowings that the Company may expect to make as such voluntary prepayments are not required under the credit agreement.