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Debt (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Summary of Debt

The following table presents debt balances as of December 31, 2017 and 2016.

 

     As of December 31,  
     2017      2016  

$545.0 million Senior Secured Term Loan B (“Senior Secured Term Loan”) bearing interest at the greater of 0.75% or one-month LIBOR (1.56% at December 31, 2017), plus an applicable margin of 3.75% at December 31, 2017, expiring October 19, 2022

   $ 534,250      $ 543,563  

$300.0 million Incremental Term Loan (“Incremental Term Loan”) bearing interest at one-month LIBOR (1.56% at December 31, 2017), plus an applicable margin of 3.25% at December 31, 2017, expiring April 3, 2021

     291,000        —    

$143.0 million Senior Secured Revolver (“Senior Secured Revolver”) bearing interest at one-month LIBOR (1.56% at December 31, 2017) plus an applicable margin of 3.5% at December 31, 2017, expiring October 19, 2020

     —          27,977  

$250.0 million Senior Notes (“Senior Notes”) bearing interest at 10.25%

     —          250,000  

French Safeguard Obligations

     290        358  

Brazilian lines of credit and equipment notes

     257        573  

Chinese line of credit

     2,768        2,619  
  

 

 

    

 

 

 

Total

     828,565        825,090  

Less current maturities of long-term debt

     17,283        12,751  
  

 

 

    

 

 

 

Principal, net of current portion

     811,282        812,339  

Less unamortized debt issuance costs

     20,477        26,626  
  

 

 

    

 

 

 

Long-term debt, net of current portion

   $ 790,805      $ 785,713  
  

 

 

    

 

 

 
Aggregate Maturities of Long-Term Debt

The following table lists aggregate maturities of long-term debt for the next five years and thereafter.

 

Year Ending December 31,

   Aggregate
Maturities
Principal
Amounts
 

2018

   $ 17,283  

2019

     17,968  

2020

     17,752  

2021

     260,750  

2022

     514,812  

Thereafter

     —    
  

 

 

 

Total outstanding principal

   $ 828,565