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Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2017
Summary of Long-Term Debt

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

 

 

 

March 31,

 

 

December 31,

 

 

 

2017

 

 

2016

 

 

 

(unaudited)

 

 

 

 

 

 

6% Senior Notes

 

$

 

375,000

 

 

$

 

 

Less: Unamortized debt issuance costs

 

 

 

(3,780

)

 

 

 

 

Net

 

 

 

371,220

 

 

 

 

 

7% Senior Notes

 

 

 

375,000

 

 

 

 

375,000

 

Less: Unamortized debt issuance costs

 

 

 

(7,919

)

 

 

 

(8,141

)

Net

 

 

 

367,081

 

 

 

 

366,859

 

Term Loan

 

 

 

417,563

 

 

 

 

418,625

 

Less: Unamortized discount and debt issuance costs

 

 

 

(12,066

)

 

 

 

(12,578

)

Net

 

 

 

405,497

 

 

 

 

406,047

 

Revolving Credit Facility

 

 

 

23,000

 

 

 

 

29,000

 

Less: Unamortized debt issuance costs

 

 

 

(1,881

)

 

 

 

(2,023

)

Net

 

 

 

21,119

 

 

 

 

26,977

 

Capital leases

 

 

 

449

 

 

 

 

543

 

Less: Current portion

 

 

 

(4,552

)

 

 

 

(4,545

)

Total long-term debt

 

$

 

1,160,814

 

 

$

 

795,881

 

 

7% Senior Notes  
Schedule of Redemption Prices of Notes

On or after August 1, 2018, the Company may redeem all or a portion of the 7% Senior Notes upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed as percentages of the principal amount) set forth below plus accrued and unpaid interest and additional interest, if any, on the 7% Senior Notes redeemed, to the applicable redemption date, if redeemed during the twelve month period beginning on August 1 of the years indicated below:

 

Year

 

Percentage

 

 

2018

 

 

105.250

 

%

2019

 

 

103.500

 

%

2020

 

 

101.750

 

%

2021 and thereafter

 

 

100.000

 

%

 

6% Senior Notes  
Schedule of Redemption Prices of Notes

On or after April 1, 2020, the Issuer may redeem all or a portion of the 6% Senior Notes upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed as percentages of the principal amount) set forth below plus accrued and unpaid interest and additional interest, if any, on the 6% Senior Notes redeemed, to the applicable redemption date, if redeemed during the 12-month period beginning on April 1 of the years indicated below:

Year

 

Percentage

 

 

2020

 

 

104.500

 

%

2021

 

 

103.000

 

%

2022

 

 

101.500

 

%

2023 and thereafter

 

 

100.000

 

%