LONG-TERM DEBT (Tables)

9 Months Ended

Sep. 30, 2018

LONG-TERM DEBT

Summary of company's long-term debt

	Face Value at		Carrying Value
	September 30,		September 30,		December 31,
(in thousands)	2018		2018		2017
ABL Credit Agreement	$	—	$	—	$	—
Notes:
9.000% senior secured notes due in 2022		—		—		433,819
9.000% senior secured notes due in 2026		310,000		290,054		—
7.795% tranche A junior term loan due in 2030		157,083		122,490		—
6.875% tranche B junior term loan due in 2031		193,466		140,422		—
7.150% debentures due in 2027		7,105		6,816		85,262
6.875% debentures due in 2029		82,764		78,869		262,311
Long-term debt	$	750,418	$	638,651	$	781,392
Less current portion		—		—		74,140
Total long-term debt, net of current	$	750,418	$	638,651	$	707,252

Summary of reduction of outstanding debt

	Nine Months Ended
	September 30,		September 24,
	2018		2017
(in thousands)	Face Value		Face Value
9.000% senior secured notes due in 2022	$	439,630	$	51,685
5.750% notes due in 2017		—		16,865
Total notes matured, repurchased or redeemed	$	439,630	$	68,550