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Debt and Hedging Instruments (Tables)
 12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Debt
The Company’s debt consisted of the following:
December 31, 2019December 31, 2018
First Lien Term Loans$284,440  $292,540  
Second Lien Term Loans89,887  89,887  
Foreign debt13,929  15,469  
Finance lease obligations and other debt (1)
755  613  
Total gross debt389,011  398,509  
Debt discount on Term Loans(1,739) (2,669) 
Deferred issuance costs on Term Loans(2,522) (4,052) 
Total debt384,750  391,788  
Less: Current portion(5,800) (5,687) 
Total long-term debt$378,950  $386,101  
(1) Subsequent to January 1, 2019, the Company recognizes and measures new or modified leases in accordance with ASC 842. Prior to January 1, 2019, the Company recognized and measured leases in accordance with ASC 840, “Leases” and prior period results continue to be reported under the accounting standards in effect for those periods. See Note 10, “Leases” for further information.
The Company has the following foreign debt obligations, including various overdraft facilities and term loans:
December 31, 2019December 31, 2018
Germany$13,413  $15,002  
India516  467  
Total foreign debt$13,929  $15,469  
Schedule of Maturities of Long-term Debt
Future annual maturities of long-term debt outstanding at December 31, 2019 are as follows:
2020$5,800  
2021284,051  
202292,175  
20232,270  
20244,013  
Thereafter702  
Total future annual maturities of long term debt outstanding389,011  
Less: Debt discounts on Term Loans(1,739) 
Less: Deferred issuance costs on Term Loans(2,522) 
Total debt$384,750  
Schedule of Interest Rate Swaps See the amounts recorded on the consolidated balance sheets within the table below:
December 31, 2019December 31, 2018
Interest rate swaps:
Recorded in other current assets$—  $1,325  
Recorded in other assets - net—  542  
Recorded in other current liabilities(260) —  
Total net asset derivatives designated as hedging instruments$(260) $1,867