Debt (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Long-Term Debt

As of December 31, 2019 and 2018, our long-term debt was as follows (in thousands):

	December 31,			December 31,
	2019			2018
2018 Credit Agreement:
Term loan, due March 2023, interest at adjusted LIBOR plus 1.5% (combined rate of 3.44% at December 31, 2019 and 4.30% at December 31, 2018)	$	136,875		$	144,375
Less – deferred financing costs		(1,715	)		(2,281	)
2018 term loan, net of unamortized discounts		135,160			142,094
$200 million revolving loan facility, due March 2023, interest at adjusted LIBOR plus applicable margin	—			—
2016 Convertible Notes:
Convertible Notes – Senior convertible notes; due March 15, 2036; cash interest at 4.25%		230,000			230,000
Less – unamortized original issue discount		(6,004	)		(8,823	)
Less – deferred financing costs		(2,334	)		(3,445	)
2016 Convertible Notes, net of unamortized discounts		221,662			217,732
Total debt, net of unamortized discounts		356,822			359,826
Current portion of long-term debt, net of unamortized discounts		(10,313	)		(7,500	)
Long-term debt, net of unamortized discounts	$	346,509		$	352,326

Estimated Maturities on Long-Term Debt

As of December 31, 2019, the maturities of our long-term debt, based upon: (i) the mandatory repayment schedule for the 2018 Term Loan; and (ii) the expected remaining life of the 2016 Convertible Notes, was as follows (in thousands):

	2020		2021		2022		2023		Total
2018 Term Loan	$	10,313	$	14,062	$	15,000	$	97,500	$	136,875
2016 Convertible Notes	—			230,000	—		—			230,000
Total long-term debt repayments	$	10,313	$	244,062	$	15,000	$	97,500	$	366,875