Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2016

Long-Term Debt

Schedule of long-term debt

Long-term debt consisted of the following (dollars in thousands):

	Interest Rate
	at March 31,		Final	March 31,		December 31,
	2016		Maturity	2016		2015
Term loan	5.00	%	June 6, 2019	$	292,388	$	293,138
Debt issue costs and original issue discount					(6,613)		(7,092)
					285,775		286,046
Current					3,000		3,000
Noncurrent				$	282,775	$	283,046

Schedule of annual requirements for principal payments on long-term debt

The annual requirements for principal payments on long-term debt as of March 31, 2016 are as follows (dollars in thousands):

Year ended December 31,
2016 (remaining months)	$	2,250
2017		3,000
2018		3,000
2019		284,138
	$	292,388