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Debt (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Summary of Debt Outstanding

Our balances for long-term debt and capital lease obligations are as follows (in thousands):

 

 

 

December 31,

 

 

 

2017

 

 

2016

 

$550 million revolving credit facility

 

$

506,000

 

 

$

441,500

 

Capital lease obligations

 

 

27,220

 

 

 

28,455

 

Note payable

 

 

765

 

 

 

822

 

Total debt and capital lease obligations

 

 

533,985

 

 

 

470,777

 

Current portion

 

 

2,916

 

 

 

2,100

 

Noncurrent portion

 

 

531,069

 

 

 

468,677

 

Deferred financing costs, net

 

 

1,922

 

 

 

3,558

 

Noncurrent portion, net of deferred financing costs

 

$

529,147

 

 

$

465,119

 

 

Schedule of Debt and Future Minimum Lease Payments on Capital Lease Obligations

The following represents principal payments on debt and future minimum lease payments on capital lease obligations for the next five years (in thousands): 

 

 

 

Debt

 

 

Capital Lease Obligations

 

 

Total

 

2018

 

$

765

 

 

$

2,975

 

 

$

3,740

 

2019

 

 

506,000

 

 

 

3,079

 

 

 

509,079

 

2020

 

 

 

 

 

3,176

 

 

 

3,176

 

2021

 

 

 

 

 

3,274

 

 

 

3,274

 

2022

 

 

 

 

 

3,374

 

 

 

3,374

 

Thereafter

 

 

 

 

 

15,799

 

 

 

15,799

 

Total future minimum lease payments

 

 

506,765

 

 

 

31,677

 

 

 

538,442

 

Less interest component

 

 

 

 

 

4,457

 

 

 

4,457

 

 

 

 

506,765

 

 

 

27,220

 

 

 

533,985

 

Current portion

 

 

765

 

 

 

2,151

 

 

 

2,916

 

Long-term portion

 

$

506,000

 

 

$

25,069

 

 

$

531,069