Debt (Tables)

9 Months Ended

Sep. 30, 2016

Debt Instrument [Line Items]

Long-Term Debt

Our long-term debt, as of September 30, 2016 and December 31, 2015, was as follows (in thousands):

	September 30,			December 31,
	2016			2015
Credit Agreement:
Term loan, due February 2020, interest at adjusted LIBOR plus 1.75% (combined rate of 2.59% at September 30, 2016)	$	136,875		$	142,500
Less - deferred financing costs		(3,800	)		(4,738	)
Term loan, net of unamortized discounts		133,075			137,762
$200 million revolving loan facility, due February 2020, interest at adjusted LIBOR plus applicable margin	—			—
Convertible Notes:
2016 Convertible Notes – Senior convertible notes; due March 15, 2036; cash interest at 4.25%		230,000		—
Less – unamortized original issue discount		(14,612)		—
Less – deferred financing costs		(5,757)		—
2016 Convertible Notes, net of unamortized discounts		209,631			—
2010 Convertible Notes – Senior subordinated convertible notes; due March 1, 2017; cash interest at 3.0%		34,732			150,000
Less – unamortized original issue discount		(674	)		(7,923	)
Less – deferred financing costs		(60	)		(709	)
2010 Convertible Notes, net of unamortized discounts		33,998			141,368
Total debt, net of unamortized discounts		376,704			279,130
Current portion of long-term debt, net of unamortized discounts		(47,123	)		(148,868	)
Long-term debt, net of unamortized discounts	$	329,581		$	130,262

Senior Subordinated Convertible Notes 2010

Debt Instrument [Line Items]

Summary of Repurchases of 2010 Convertible Notes

As of September 30, 2016, we made the following repurchases of our 2010 Convertible Notes (in millions):

Date	Aggregate Principal Amount Repurchased		Total Purchase Price		Loss on Repurchases (1)
March 15, 2016	$	40.0	$	72.6	$	3.2
April 8, 2016		66.2		125.8		5.1
September 2, 2016		9.1		17.2		0.3
Totals	$	115.3	$	215.6	$	8.6

(1) Loss on the repurchases includes the write-off of unamortized deferred financing costs and OID.