Long-Term Debt

The table below summarizes the components of the Company’s long-term debt.



	March 31, 2018			December 31, 2017
2022 Notes	$	300,000		$	300,000
Credit Facility	145,000			100,000
Total debt	445,000			400,000
Less: deferred debt issue costs	(3,527		)	(3,716		)
Long-term debt, net ⁽¹⁾	$	441,473		$	396,284


⁽¹⁾	There were no current portions of long-term debt as of March 31, 2018 and December 31, 2017.

The Company has classified the borrowings under the Company’s Credit Facility as long-term debt in the accompanying Condensed Consolidated Balance Sheets as amounts due under the credit agreement entered into on June 26, 2015, which expires on June 26, 2020, are not contractually required or expected to be liquidated for more than one year from the applicable balance sheet date. Additionally, $1.0 million of the borrowing limit under the Credit Facility was utilized for letters of credit as of March 31, 2018.