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Long-Term Debt and Other Long-Term Liabilities (Tables)
9 Months Ended
Sep. 30, 2018
Summary of Long-term Debt

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

 

 

 

September 30,

 

 

December 31,

 

 

 

2018

 

 

2017

 

 

 

 

 

 

 

 

 

 

Term Loan

 

$

 

956,750

 

 

$

 

956,750

 

Less: Unamortized discount and debt issuance costs

 

 

 

(18,840

)

 

 

 

(18,748

)

Net

 

 

 

937,910

 

 

 

 

938,002

 

6% Senior Notes due 2026

 

 

 

600,000

 

 

 

 

 

Less: Unamortized debt issuance costs

 

 

 

(1,895

)

 

 

 

 

Net

 

 

 

598,105

 

 

 

 

 

6% Senior Notes due 2025

 

 

 

875,000

 

 

 

 

875,000

 

Plus: Unamortized debt premium

 

 

 

24,285

 

 

 

 

26,605

 

Less: Unamortized debt issuance costs

 

 

 

(18,996

)

 

 

 

(20,716

)

Net

 

 

 

880,289

 

 

 

 

880,889

 

7% Senior Notes due 2023

 

 

 

375,000

 

 

 

 

375,000

 

Less: Unamortized discount and debt issuance costs

 

 

 

(6,370

)

 

 

 

(7,146

)

Net

 

 

 

368,630

 

 

 

 

367,854

 

Revolving Credit Facility

 

 

 

180,000

 

 

 

 

 

Capital leases

 

 

 

484

 

 

 

 

917

 

Long-term notes payable

 

 

 

2,463

 

 

 

 

2,531

 

Less: Current portion

 

 

 

(447

)

 

 

 

(615

)

Total long-term debt

 

$

 

2,967,434

 

 

$

 

2,189,578

 

 

6% Senior Notes due 2026  
Schedule of Redemption Prices of Notes

On or after September 15, 2021, the Company may redeem all or a portion of the 6% Senior Notes due 2026 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 due 2026  redeemed, to the applicable redemption date, if redeemed during the 12-month period beginning on September 15 of the years indicated below:

 

Year

 

Percentage

 

 

2021

 

 

104.500

 

%

2022

 

 

103.000

 

%

2023

 

 

101.500

 

%

2024 and thereafter

 

 

100.000

 

%