LONG-TERM DEBT (Tables)

6 Months Ended

Jun. 30, 2018

The components of the Company's long-term debt consisted of the following (in thousands):

	June 30, 2018						December 31, 2017
	Carrying Value*			Fair Value			Carrying Value*			Fair Value

ABL Revolver	$	-		$	-		$	-		$	-
Term Loan B		248,125			249,519			249,375			251,869
Promissory note due January 2021		2,284			2,284			2,722			2,722
Total long-term debt		250,409			251,803			252,097			254,591
Less: current portion		(3,394	)		(3,408	)		(3,381	)		(3,406	)
Long-term debt less current maturities	$	247,015		$	248,395		$	248,716		$	251,185

*Carrying value amounts do not include unamortized debt issuance costs of $9.1M and $10.1 for June 30, 2018 and December 31, 2017, respectively.

Interest Rate on Borrowings Outstanding

The interest rates on our borrowings outstanding at June 30, 2018 and December 31, 2017, including the amortization of debt issuance costs, were as follows:

	June 30, 2018			December 31, 2017
ABL Revolver		3.8	%		2.9	%
Term Loan B		6.8	%		7.1	%
Promissory Note		2.9	%		2.9	%
Weighted average interest rate		6.8	%		7.0	%

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details