Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2016

Summary of Components of Debt Obligations

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

	December 31,
	2016			2015
6% senior notes due 2022	$	300,000		$	300,000
Senior bank credit facility		70,000			200,000
Total debt		370,000			500,000
Less deferred debt issue costs		(4,472	)		(5,228	)
Long-term debt, net(1)	$	365,528		$	494,772

(1) There were no current portions of long-term debt as of December 31, 2016 and 2015.

6.0% Senior Notes Due 2022

Schedule Of Redemption Price Percentage

The 2022 Notes are subject to redemption at our option, in whole or in part, at any time after November 15, 2017, upon not less than 30 nor more than 60 days prior notice at the following redemption prices (expressed as percentages of the principal amount to be redeemed) set forth below plus accrued and unpaid interest, if any, to, but excluding, the redemption date.

Year	Redemption Price
2017		103.000	%
2018		102.000	%
2019		101.000	%
2020 and thereafter		100.000	%