DEBT (Tables)

9 Months Ended

Sep. 30, 2018

Debt Disclosure [Abstract]

Summary of Debt

The Company’s debt consisted of the following:

		September 30, 2018				December 31, 2017
	Maturity Date	Amount			Effective Rate	Amount			Effective Rate
		(in thousands)				(in thousands)
Senior secured term loans:
$215 million First Lien Term Loan	May 8, 2024	$	205,000		7.0%	$	—		—%
$75 million Second Lien Term Loan	May 8, 2025	75,000			11.7%	—			—%
$135 million Term Loan	April 4, 2022(1)	—			—%	131,625			6.2%
$50 million Revolver	May 8, 2023	—			—%	—			—%
Convertible Senior Notes	July 15, 2019	22,608			7.4%	149,500			6.9%
Total		302,608				281,125
Unamortized discount/issuance costs		(7,179		)		(14,750		)
Total		$	295,429			$	266,375
Reported as:
Term loan – current portion, net of discount		$	—			$	6,750
Convertible senior notes – current portion, net of discount		21,780				—
Term loan – non-current portion, net of discount		273,649				120,627
Convertible senior notes – non-current portion, net of discount		—				138,998
Total		$	295,429			$	266,375

(1) The Term Loan was paid off in full in connection with the Company’s May 2018 refinancing described below under “2018 Credit Facility”.

Summary of the Accounting for Debt Issuance Costs Incurred and Related Loss on Extinguishment of Debt

	Loss on Extinguishment of Debt		Capitalized and Amortized Over Life of New Issuances		Total
	(in thousands)
New debt issuance costs	$	364	$	7,118	$	7,482
Previously incurred unamortized debt issuance costs or discount	3,571		348		3,919
Total	$	3,935	$	7,466	$	11,401