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Long-term Debt (Tables)
3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Long-term debt is comprised of the following:    
 
 
As of
 
Three Months Ended March 31,
 
March 31, 2016
 
December 31, 2015
 
2016
 
2015
 
 
(in millions)
 
(weighted-average interest rates)
Fixed-rate senior term loans due through 2027
 
$
476.2

 
$
484.2

 
4.10
%
 
4.10
%
Fixed-rate junior term loans due through 2022
 
52.6

 
54.3

 
6.90
%
 
6.89
%
Fixed-rate class A enhanced equipment trust certificates due through 2028

 
154.2

 
95.8

 
4.03
%
 
N/A

Fixed-rate class B enhanced equipment trust certificates due through 2024

 
40.5

 
25.0

 
4.37
%
 
N/A

Long-term debt
 
$
723.5

 
$
659.3

 
 
 
 
Less current maturities
 
53.0

 
49.6

 
 
 
 
Less unamortized discounts, net

 
15.4

 
13.0

 
 
 
 
Total
 
$
655.1

 
$
596.7

 
 
 
 
Schedule of Maturities of Long-term Debt
At March 31, 2016, long-term debt principal payments for the next five years and thereafter are as follows:
 
 
March 31, 2016
 
 
(in millions)
remainder of 2016
 
$
45.0

2017
 
55.2

2018
 
58.4

2019
 
59.1

2020
 
59.2

2021 and thereafter
 
446.6

Total debt principal payments
 
$
723.5

Schedule of Interest Expense, Long-term Debt
Interest expense related to long-term debt consists of the following:
 
Three Months Ended March 31
2016
 
2015
 
(in thousands)
Senior term loans
$
5,048

 
$
2,194

Junior term loans
937

 
419

Class A enhanced equipment trust certificates
1,183

 

Class B enhanced equipment trust certificates
336

 

Commitment fees
35

 

Amortization of debt discounts
516

 
159

Total
$
8,055

 
$
2,772