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Debt
3 Months Ended
Mar. 31, 2017
Debt Disclosure [Abstract]  
Debt

6. DEBT:

The Company’s debt and capital lease obligations at March 31, 2017 and December 31, 2016 consisted of (in thousands):

 

     March 31,     December 31,  
     2017     2016  

$700 Million Revolving Credit Facility, interest at LIBOR plus 1.60%, maturing June 5, 2019, less unamortized deferred financing costs of $4,736 and $5,267

   $ 411,664     $ 377,133  

$400 Million Term Loan B, interest at LIBOR plus 2.75%, maturing January 15, 2021, less unamortized deferred financing costs of $4,965 and $5,273

     384,035       384,727  

$350 Million Senior Notes, interest at 5.0%, maturing April 15, 2021, less unamortized deferred financing costs of $4,020 and $4,246

     345,980       345,754  

$400 Million Senior Notes, interest at 5.0%, maturing April 15, 2023, less unamortized deferred financing costs of $5,521 and $5,719

     394,479       394,281  

Capital lease obligations

     654       659  
  

 

 

   

 

 

 

Total debt

     1,536,812       1,502,554  

Less amounts due within one year

     (20     (20
  

 

 

   

 

 

 

Total long-term debt

   $ 1,536,792     $ 1,502,534  
  

 

 

   

 

 

 

At March 31, 2017, the Company was in compliance with all of its covenants related to its outstanding debt.