LONG-TERM DEBT / INTEREST EXPENSE (Tables)

3 Months Ended

Mar. 31, 2017

Debt Disclosure [Abstract]

Schedule of Long-term Debt

Long-term debt consisted of the following: 

	March 31, 2017			December 31, 2016
	(in thousands)
Term Loan Facility (net of $1.4 million and $1.6 million discount)	$	1,169,520		$	1,170,486
Revolving Credit Facility	100,000			127,000
Notes	247,924			245,273
Debt issuance costs	(2,062		)	(2,306		)
Total debt	1,515,382			1,540,453
Less: current maturities	(12,562		)	(12,562		)
Long-term debt	$	1,502,820		$	1,527,891

Components of Convertible Debt

The Notes consist of the following components:

	March 31, 2017			December 31, 2016
	(in thousands)
Liability component
Principal	$	287,500		$	287,500
Conversion feature	(34,822		)	(37,179		)
Discount related to debt issuance costs	(4,754		)	(5,048		)
Net carrying amount	$	247,924		$	245,273

Schedule of Interest Expense

Interest expense consisted of the following:

	Three months ended March 31,
	2017		2016
	(in thousands)
Senior Credit Facility:
Term Loan Facility coupon	$	9,518	$	9,666
Revolving Credit Facility	1,289		616
Amortization of discount and debt issuance costs	625		592
Total Senior Credit Facility	11,432		10,874
Notes:
Coupon	1,078		1,078
Amortization of conversion feature	2,357		2,232
Amortization of discount and debt issuance costs	306		275
Total Notes	3,741		3,585
Other	721		(16		)
Interest expense, net	$	15,894	$	14,443