Debt (Tables)

12 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

Long-Term Debt

As of December 31, 2016 and 2015, our long-term debt was as follows (in thousands):

	December 31,			December 31,
	2016			2015
Credit Agreement:
Term loan, due February 2020, interest at adjusted LIBOR plus 1.75% (combined rate of 2.75% at December 31, 2016)	$	135,000		$	142,500
Less - deferred financing costs		(3,489	)		(4,738	)
Term loan, net of unamortized discounts		131,511			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		(14,005	)	—
Less – deferred financing costs		(5,513	)	—
2016 Convertible Notes, net of unamortized discounts		210,482			—
2010 Convertible Notes – Senior subordinated convertible notes; due March 1, 2017; cash interest at 3.0%		34,722			150,000
Less – unamortized original issue discount		(272	)		(7,923	)
Less – deferred financing costs		(24	)		(709	)
2010 Convertible Notes, net of unamortized discounts		34,426			141,368
Total debt, net of unamortized discounts		376,419			279,130
Current portion of long-term debt, net of unamortized discounts		(49,426	)		(148,868	)
Long-term debt, net of unamortized discounts	$	326,993		$	130,262

Estimated Maturities on Long-Term Debt

As of December 31, 2016, the maturities of our long-term debt, based upon: (i) the mandatory repayment schedule for the 2015 Term Loan; (ii) the convertibility of the 2010 Convertible Notes; and (iii) the expected remaining life of the 2016 Convertible Notes, was as follows (in thousands):

	2017		2018		2019		2020		2021+
2015 Term Loan	$	15,000	$	22,500	$	22,500	$	75,000	$	—
2010 Convertible Notes		34,722	—		—		—		—
2016 Convertible Notes	—		—		—		—			230,000
Total long-term debt repayments	$	49,722	$	22,500	$	22,500	$	75,000	$	230,000