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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2014
Long-Term Debt [Abstract]  
Schedule Of Company's Long-Term Debt



 

 

 

 

 

 



 

December 31, 2014

 

December 31, 2013

$90.0 million senior secured credit facility – (Term Facility) (net of unamortized debt discount of $1,296 and $2,010 at December 31, 2014 and 2013) with interest rates at LIBOR (with a minimum rate of 1.0%) or prime (with a minimum rate of 2.0%) plus applicable margin (6.5% for LIBOR Loans and 5.50% for Base Rate Loans), secured on a first priority basis by a perfected security interest in substantially all of the Company’s assets.  Interest rates are at LIBOR plus applicable margin due at various maturity dates through October 15, 2016

 

$

88,704 

 

$

87,989 



 

 

 

 

 

 

$100.0 million senior secured credit facility – (Revolver Credit Facility) with interest rates at LIBOR or prime plus applicable margin, secured on a first priority basis by a perfected security interest in substantially all of the Company’s assets.  Interest rates are at LIBOR plus applicable margin due at various maturity dates through October 15, 2016

 

 

 —

 

 

50,000 



 

 

 

 

 

 

$380.1 million Senior Subordinated Notes (net of unamortized debt discount of $1,643 and $2,383 at December 31, 2014 and 2013) due April 15, 2017; semi-annual cash interest payments due on April 15 and October 15, fixed interest rate of 97/8%

 

 

378,407 

 

 

377,667 



 

 

 

 

 

 

$350.0 million Senior Secured Second Lien Notes (net of unamortized debt discount of $725 and $1,074 at December 31, 2014 and 2013) due January 15, 2017; semi-annual cash interest payments due on May 15 and November 15, fixed interest rate of 87/8%

 

 

349,275 

 

 

348,926 



 

 

 

 

 

 

$75.0 million Senior Secured Notes due January 15, 2017; semi-annual cash interest payments due on January 15 and July 15, fixed interest rate of 11¾% 

 

 

75,000 

 

 

75,000 



 

 

 

 

 

 

Capital leases payable with various monthly payments plus interest at rates ranging from 1.0% to 19.1%, due at various maturity dates through March 2022 

 

 

66,552 

 

 

45,455 



 

 

 

 

 

 

Various other notes payable and seller financing promissory notes  with various monthly payments plus interest at rates ranging from 15.6% to 19.5%, due at various maturity dates through April 2021

 

 

9,183 

 

 

6,629 



 

 

967,121 

 

 

991,666 

Less current portion

 

 

(26,350)

 

 

(17,536)



 

$

940,771 

 

$

974,130 



 

 

 

 

 

 



Schedule Of Maturities Of Long-Term Debt Obligations



 

 



 

 

2015

$

26,350 

2016

 

111,562 

2017

 

821,214 

2018

 

4,135 

2019

 

3,428 

Thereafter

 

4,096 



 

970,785 

Less unamortized debt discount

 

(3,664)



$

967,121 



 

 



Schedule Of Financial Covenants Compliance Under The Revolving Credit Facility



 

 

 

 

 



 

 

 

 

 



Requirement at December 31, 2014

 

Level at
December 31, 2014

Minimum permitted unrestricted cash and cash equivalents plus availability under the Revolving Credit Facility

>$

15.0 million

 

$

186.4 million