(6)Debt

The Company’s outstanding debt is as follows (in thousands):



	September 30, 2016				December 31, 2015
	Long-term		Current		Long-term		Current
Senior Notes due May 2019	$	500,000	$	-	$	500,000	$	-
Senior Notes due December 2021		800,000		-		800,000		-
Term loan		-		-		305,000		20,000
Other		-		-		3,089		9,957
Total debt, gross		1,300,000		-		1,608,089		29,957
Unamortized debt issuance costs		(16,419)		-		(19,826)		-
Total debt, net	$	1,283,581	$	-	$	1,588,263	$	29,957

Credit Facility

At December 31, 2015, the Company had a bank credit facility, comprised of a $600.0 million revolving credit facility and a $325.0 million term loan. In February 2016, the Company amended and extended its credit facility, resulting in a $470.3 million revolving credit facility that matures in 2019 and no longer has a term loan component. In July 2016, the Company amended the credit facility and repaid the outstanding balance of $250.0 million. The amended agreement, among other things, reduces the size of the facility to $400.0 million, suspends the maximum leverage ratio covenant until the fourth quarter of 2017 and replaces it with a senior secured debt to earnings before interest, taxes, depreciation and amortization ratio covenant during this period and modifies the restricted payment covenant to eliminate our ability to pay dividends and make equity repurchases until September 2017.

Senior Unsecured Notes

The Company has outstanding $500 million of 6 3/8% unsecured senior notes due 2019. The indenture governing the 6 3/8% senior notes requires semi-annual interest payments on May 1 and November 1 of each year through the maturity date of May 1, 2019.

The Company also has outstanding $800 million of 7 1/8% unsecured senior notes due 2021. The indenture governing the 7 1/8% senior notes requires semi-annual interest payments on June 15 and December 15 of each year through the maturity date of December 15, 2021.