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Debt and Capital Lease Obligations (Tables)
6 Months Ended
Jun. 30, 2018
Debt Disclosure [Abstract]  
Schedule of Long-term Debt and Capital Lease Obligations

The components of long-term debt and capital lease obligations consisted of the following:

 

 

 

June 30,

 

 

December 31,

 

(in thousands, except interest rates)

 

2018

 

 

2017

 

Revolving credit facility and term loan 3.6% weighted-average interest rate at

   June 30, 2018 and 3.1% at December 31, 2017, due through 2019 (1)

 

$

216,751

 

 

$

207,322

 

Brewster Inc. revolving credit facility 3.1% weighted-average interest rate at

   June 30, 2018 (1)

 

 

19,487

 

 

 

 

Less unamortized debt issuance costs

 

 

(717

)

 

 

(984

)

Total debt

 

 

235,521

 

 

 

206,338

 

Capital lease obligations 4.2% weighted-average interest rate at June 30,

   2018 and 3.8% at December 31, 2017, due through 2021

 

 

3,957

 

 

 

2,854

 

Total debt and capital lease obligations

 

 

239,478

 

 

 

209,192

 

Current portion (2)

 

 

(190,967

)

 

 

(152,599

)

Long-term debt and capital lease obligations

 

$

48,511

 

 

$

56,593

 

(1)

Represents the weighted-average interest rate in effect at the respective periods for the revolving credit facilities and term loan borrowings, including any applicable margin. The interest rates do not include amortization of debt issuance costs or commitment fees.

(2)

Borrowings under the revolving credit facilities are classified as current because all borrowed amounts are due within one year.