Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2019

Debt Disclosure [Abstract]

Components of Long-term Debt

The Company’s long-term debt consisted of the following as of June 30, 2019 and December 31, 2018 (dollars in thousands):

	June 30, 2019			December 31, 2018
Term Loan	$	590,738		$	1,230,299
Plus: current portion of Term Loan	13,000			13,000
Total Term Loan	603,738			1,243,299
6.75% Senior Notes	500,000			—
Less: unamortized debt issuance costs	(7,332		)	—
Total 6.75% Senior Notes	492,668			—
Long-term debt, net	$	1,096,406		$	1,243,299

Debt Instrument Redemption

The Issuer may redeem some or all of the 6.75% Senior Notes at any time, or from time to time, on or after July 1, 2022, at the following prices:

Year	Price
2022	103.7500	%
2023	101.6875	%
2024 and thereafter	100.0000	%