Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2016

Long-Term Debt

Schedule of long-term debt

Long‑Term debt consists of the following (dollars in thousands):

	Interest Rate
	at December 31,		Final	December 31,
	2016		Maturity	2016		2015
Term loan	5.25	%	June 6, 2019	$	290,138	$	293,138
Debt issue costs and original issue discount					(5,439)		(7,092)
					284,699		286,046
Current					3,000		3,000
Noncurrent				$	281,699	$	283,046

Schedule of maturities of long-term debt

The maturities of the existing debt at December 31, 2016 are as follows (dollars in thousands):

The annual requirements for principal payments on long-term debt as of December 31, 20165 are as follows (dollars in thousands):
Year ended December 31,
2017	$	3,000
2018		3,000
2019		284,138
	$	290,138