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FINANCING ARRANGEMENTS (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Summary of Financing Arrangements
The following table is a summary of the Company's financing arrangements (in thousands):
Current Obligations:
December 31, 2019
 
December 31, 2018
Senior secured Term Loan Agreement ("Term Loan Agreement")
$
7,535

 
$
7,535

 
 
 
 
Long-Term Obligations:
 
 
 
Senior secured Term Loan Agreement due June 30, 2024
$
727,162

 
$
734,697

Unsecured senior notes, at 4.875%, due July 15, 2027 ("2027 Notes")
545,000

 

Unsecured senior notes, at 5.125%, due July 15, 2029 ("2029 Notes")
300,000

 

Unsecured senior notes, at 5.125%, due June 1, 2021 ("2021 Notes")

 
845,000

Long-term obligations, at par
1,572,162


1,579,697

Unamortized debt issuance costs and premium, net
(18,046
)
 
(14,676
)
Long-term obligations, at carrying value
$
1,554,116

 
$
1,565,021


Summary of redemption prices
After the dates in the preceding paragraph, the Company may redeem all or any portion of the New Notes which remain outstanding at any time upon proper notice at the following redemption prices if redeemed during the twelve-month period commencing on July 15 of the years set forth below plus accrued and unpaid interest, if any, up to the date of redemption:
2027 Notes
Year
 
Percentage
2022
 
102.438
%
2023
 
101.219
%
2024 and thereafter
 
100.000
%
2029 Notes
Year
 
Percentage
2024
 
102.563
%
2025
 
101.281
%
2026 and thereafter
 
100.000
%