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Long-Term Debt (Tables)
9 Months Ended
Sep. 30, 2017
Debt Disclosure [Abstract]  
Summary of Long-Term Debt

Long-term debt as of September 30, 2017 and December 31, 2016 consisted of the following:

 

 

September 30,

 

 

December 31,

 

 

 

2017

 

 

2016

 

Term B-5 Loans (effective interest rate of 4.33% at September 30, 2017)

 

$

993,314

 

 

$

 

Term B-2 Loans (effective interest rate of 3.58% and 3.26% at September 30, 2017 and

December 31, 2016, respectively)

 

 

557,658

 

 

 

1,327,850

 

Term B-3 Loans (effective interest rate of 4.33% at December 31, 2016)

 

 

 

 

 

245,800

 

Revolving credit facility

 

 

 

 

 

24,351

 

Total long-term debt

 

 

1,550,972

 

 

 

1,598,001

 

Less discounts

 

 

(9,165

)

 

 

(5,517

)

Less debt issuance costs

 

 

(9,766

)

 

 

(9,702

)

Less current maturities

 

 

(23,707

)

 

 

(51,713

)

Total long-term debt, net

 

$

1,508,334

 

 

$

1,531,069

 

 

Summary of Long-Term Debt Repayable

Long-term debt as of September 30, 2017 is repayable as follows:

Years Ending December 31,

 

 

 

 

2017

 

$

5,926

 

2018

 

 

23,707

 

2019

 

 

23,707

 

2020

 

 

536,763

 

2021

 

 

9,983

 

Thereafter

 

 

950,886

 

Total

 

$

1,550,972