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Debt (Tables)
6 Months Ended
Jun. 30, 2015
Debt Disclosure [Abstract]  
Long-Term Debt

Our long-term debt, as of June 30, 2015 and December 31, 2014, was as follows (in thousands):

 

 

June 30,

2015

 

 

December 31,
2014

 

2015 Credit Agreement:

 

 

 

 

 

 

 

Term loan, due February 2020, interest at adjusted LIBOR plus 1.75% (combined rate of 2.03% at June 30, 2015)

$

146,250

 

 

$

 

$200 million revolving loan facility, due February 2020, interest at adjusted LIBOR plus applicable margin

 

 

 

 

 

2012 Credit Agreement:

 

 

 

 

 

 

 

Term loan, due November 2017 (or December 2016 if certain conditions exist), interest at adjusted LIBOR plus 2.00% (combined rate of 2.25% at December 31, 2014)

 

 

 

 

120,000

 

$100 million revolving loan facility, due November 2017 (or December 2016 if certain conditions exist), interest at adjusted LIBOR plus applicable margin

 

 

 

 

 

Convertible Debt Securities:

 

 

 

 

 

 

 

2010 Convertible Notes – senior subordinated convertible notes; due March 1, 2017; cash interest at 3.0%; net of unamortized original issue discount (“OID”) of $11,106 and $14,169, respectively

 

138,894

 

 

 

135,831

 

 

 

285,144

 

 

 

255,831

 

Current portion of long-term debt

 

(146,394

)

 

 

(22,500

)

Total long-term debt, net

$

138,750

 

 

$

233,331