Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2017

Long-Term Debt

Schedule of long-term debt

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

	Average Interest
	Rate at March 31,		Final	March 31,		December 31,
	2017		Maturity	2017		2016
Term loan	5.25	%	June 6, 2019	$	289,388	$	290,138
Revolving loan	5.77		December 6, 2018		6,000		—
Debt issue costs and issue discount					(4,922)		(5,439)
					290,466		284,699
Current					3,000		3,000
Noncurrent				$	287,466	$	281,699

Schedule of maturities of long-term debt

The annual requirements for principal payments on long-term debt as of March 31, 2017 are as follows (dollars in thousands):

Year ended December 31,
2017 (remaining months)	$	2,250
2018		9,000
2019		284,138
	$	295,388