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Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2016
Long-Term Debt  
Schedule of long-term debt

 

    

June 30,

    

December 31,

(in thousands)

 

2016

 

2015

Original notes - 7.625% (1)

 

$

419,898

 

$

419,274

Add-on notes - 7.625% (2)

 

 

226,401

 

 

227,029

Senior secured credit facility (3)

 

 

27,176

 

 

25,811

Capital lease obligations

 

 

15,883

 

 

15,344

 

 

 

689,358

 

 

687,458

Less: Current portion of long-term debt

 

 

(5,185)

 

 

(4,867)

Total long-term debt

 

$

684,173

 

$

682,591

(1)

The carrying value of the Original notes - 7.625% is net of unamortized deferred financing costs of $5.1 and $5.7 million as of June 30, 2016 and December 31, 2015, respectively.

(2)

The carrying value of the Add-on notes - 7.625% is net of unamortized deferred financing costs of $2.1 and $2.4 million as of June 30, 2016 and December 31, 2015, respectively, and includes unamortized bond premium of $8.5 and $9.4 million as of June 30, 2016 and December 31, 2015, respectively.

The carrying value of the Senior secured credit facility is net of unamortized deferred financing costs of $2.0 and $2.2 million as of June 30, 2016 and December 31, 2015, respectively.