XML 80 R31.htm IDEA: XBRL DOCUMENT v3.20.1
Long Term Debt (Tables)
12 Months Ended
Dec. 31, 2019
Long Term Debt [Abstract]  
Summary of Components of Long-term Debt

The table below summarizes the components of the Company’s long-term debt (in thousands):

 

 

 

December 31,

 

 

 

2019

 

 

2018

 

First lien facility due 2022

 

 

306,000

 

 

 

323,000

 

Second lien facility due 2023

 

 

 

 

 

125,000

 

Convertible debenture notes due 2024

 

 

200,000

 

 

 

 

Total debt

 

 

506,000

 

 

 

448,000

 

Less: unamortized original issue discount

 

 

(19,806

)

 

 

(13,043

)

Less: unamortized debt issuance costs

 

 

(5,573

)

 

 

(9,538

)

Total debt, net

 

 

480,621

 

 

 

425,419

 

Current portion of debt

 

 

17,000

 

 

 

17,000

 

Less: current portion of unamortized original

   issue discount

 

 

(3,687

)

 

 

(2,678

)

Less: current portion of unamortized debt

   issuance costs

 

 

(1,624

)

 

 

(1,967

)

Total current portion of debt, net

 

 

11,689

 

 

 

12,355

 

Total long term debt, net

 

$

468,932

 

 

$

413,064

 

Summary of Future Principal Payments, Including in Kind Interest

Future principal payments, including in kind interest, are as follows (in thousands):

 

December 31,

 

Amount

 

2020

 

$

17,000

 

2021

 

 

17,000

 

2022

 

 

272,000

 

2023

 

 

-

 

2024

 

 

277,287

 

Thereafter

 

 

 

Total

 

$

583,287

 

Summary of Future Amortization of Debt Issuance Costs and Original Issue Discount

The future amortization of debt issuance costs and original issue discount related to the 2016 Credit Agreement, the revolver and Convertible Debentures are as follows (in thousands):

 

December 31,

 

Amount

 

2020

 

$

5,311

 

2021

 

 

5,907

 

2022

 

 

6,618

 

2023

 

 

3,527

 

2024

 

 

4,016

 

Total

 

$

25,379