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DEBT (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Schedule of Debt
As of December 31, 2015 and 2014 the Company’s debt consisted of the following (in thousands):

 
December 31,
 
2015
 
2014
Revolving Credit Facility
$
15,000

 
$
5,000

Term Loan Facilities
222,757

 
222,757

2021 Notes, net of unamortized discount
196,038

 
195,462

Capital leases
189

 
584

Total Debt
433,984

 
423,803

Less: Current portion
27,665

 
5,395

Long-term debt, net of current portion
$
406,319

 
$
418,408

Schedule of Carrying Value and Estimated Fair Value
The following details our financial instruments where the carrying value and the fair value differ:

Financial Instrument
Carrying Value as of December 31, 2015
Markets for Identical Item (Level 1)
Significant Other Observable Inputs (Level 2)
Significant Unobservable Inputs (Level 3)
Term Loan Facilities
$
222,757

$

$
196,500

$

2021 Notes
196,038


167,650


Total
$
418,795

$

$
364,150

$

Estimated future maturities of debt
The estimated future maturities of the Company’s long-term debt as of December 31, 2015, are as follows (in thousands):
Year Ending December 31,
 
Amount
2016
 
$
12,550

2017
 
12,550

2018
 
12,550

2019
 
12,550

2020
 
172,557

Thereafter
 
200,000

Total future maturities
 
$
422,757

Interest expense, net
Interest expense, including loss on extinguishment of debt, consisted of the following for each of the three years ended December 31, 2015, 2014 and 2013 (in thousands):
 
Year ended December 31,
 
2015
 
2014
 
2013
Revolving Credit Facility
$
2,190

 
$
1,829

 
$
873

Term Loan Facilities
14,680

 
16,820

 
10,313

2021 Notes
17,603

 
15,926

 

Prior Credit Facility

 

 
765

2015 Notes

 

 
13,960

Amortization of deferred financing costs
2,864

 
3,691

 
2,259

Amortization of debt discount
576

 
462

 

Loss on extinguishment of debt

 
2,373

 
15,898

Expense allocated to discontinued operations

 

 
41

Other, net
(600
)
 
(183
)
 
21

Interest expense, net
$
37,313

 
$
40,918

 
$
44,130