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Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2018
Long-Term Debt  
Schedule of long-term debt

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average Interest Rate

 

Final

 

March 31,

 

December 31,

 

 

    

March 31, 2018

    

Maturity

    

2018

    

2017

 

Term loan A-1

 

5.52

%  

May 4, 2022

 

$

86,070

 

$

87,750

 

Term loan A-2

 

5.77

 

May 4, 2023

 

 

224,242

 

 

227,125

 

Debt issue costs and issue discount

 

 

 

 

 

 

(5,258)

 

 

(5,559)

 

 

 

 

 

 

 

 

305,054

 

 

309,316

 

Current

 

 

 

 

 

 

10,250

 

 

10,250

 

Noncurrent

 

 

 

 

 

$

294,804

 

$

299,066

 

 

Schedule of maturities of long-term debt

The annual requirements for principal payments on long-term debt as of March 31, 2018 are as follows (dollars in thousands):

 

 

 

 

 

 

Year ended December 31,

    

    

 

 

2018 (remaining months)

    

$

7,688

 

2019

 

 

13,125

 

2020

 

 

16,000

 

2021

 

 

16,000

 

2022

 

 

81,250

 

Thereafter

 

 

176,249

 

 

 

$

310,312