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Long-Term Debt (Tables)
9 Months Ended
Sep. 30, 2015
Debt Disclosure [Abstract]  
Summary of Long-Term Debt

Long-term debt as of September 30, 2015 and December 31, 2014 consisted of the following:

 

     September 30,
2015
    December 31,
2014
 

Term B-2 Loans (effective interest rate of 3.26% at September 30, 2015 and December 31, 2014)

   $ 1,341,900      $ 1,352,438   

Term B-3 Loans (effective interest rate of 4.33% at September 30, 2015)

     278,600        —     

Revolving Credit Facility

     —          —     

Senior Notes (effective interest rate of 12.07% at December 31, 2014)

     —          260,000   
  

 

 

   

 

 

 

Total long-term debt

     1,620,500        1,612,438   

Less discounts

     (7,778     (8,985

Less debt issuance costs

     (14,563     (20,003

Less current maturities

     (16,850     (14,050
  

 

 

   

 

 

 

Total long-term debt, net

   $ 1,581,309      $ 1,569,400   
  

 

 

   

 

 

 

 

Summary of Long-Term Debt Repayable

Long-term debt at September 30, 2015, is repayable as follows and does not include the impact of any future prepayments:

 

Years Ending December 31,

 

2015

   $ 4,213   

2016

     16,850   

2017

     16,850   

2018

     16,850   

2019

     16,850   

Thereafter

     1,548,887   
  

 

 

 

Total

   $ 1,620,500