XML 35 R24.htm IDEA: XBRL DOCUMENT v3.7.0.1
Long-term Debt (Tables)
3 Months Ended
Mar. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Long-term debt for the Company at March 31, 2017 and December 31, 2016 is shown below (in thousands):
 
March 31, 2017
 
December 31, 2016
Term Loan, due 2019 (weighted average rate of 7.50%)
$
614,400

 
$
616,000

Discount on Term Loan (a)
(6,980
)
 
(7,834
)
Debt issuance costs
(3,054
)
 
(3,396
)
Notes, 8.75%, due 2019
300,000

 
300,000

Total long-term debt
904,366

 
904,770

Less: current portion
(6,400
)
 
(6,400
)
Total long-term debt, net of current portion
$
897,966

 
$
898,370

(a)
The $7.0 million and $7.8 million discount on the Term Loan (as defined below) as of March 31, 2017 and December 31, 2016, respectively, is being amortized using the effective interest method over the life of the Term Loan.
Schedule of Maturities of Long-term Debt
The approximate aggregate maturities of long-term debt, excluding the debt discount on the Term Loan, for each of the three years subsequent to March 31, 2017 are as follows (in thousands):
Trailing twelve months ending March 31,
Balance Due
2018
$
6,400

2019
608,000

2020
300,000

Total long-term debt, including current portion
$
914,400