Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2017

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The fair value of the Term Loan approximates the carrying value, which is reflected in our Consolidated Balance Sheets as follows:

(In thousands)	September 30, 2017			December 31, 2016
Principal amount	$	308,542		$	342,221
Unamortized original issue discount and debt costs	(5,918		)	(7,599		)
Less: Current portion of long-term debt	(22,243		)	(33,767		)
Long-term debt	$	280,381		$	300,855

Interest Income and Interest Expense Disclosure

related to the Term Loan was included in Interest expense on our Consolidated Statements of Operations as follows:

	Three Months Ended				Nine Months Ended
(In thousands)	September 30, 2017		October 1, 2016		September 30, 2017		October 1, 2016
Contractual interest	$	3,492	$	4,563	$	12,202	$	13,798
Amortization of debt issuance costs and discount	326		553		1,680		1,212
Total Interest expense related to the Term Loan	$	3,818	$	5,116	$	13,882	$	15,010

Schedule of Debt

As of September 30, 2017, expected future principal payments on the Term Loan were as follows:

Fiscal year	(in thousands)
2017 (remaining 3 months)	$	1,750
2018	22,822
2019	32,536
2020	65,202
2021	186,232
	$	308,542