Long-Term Obligations (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Summary of Long-Term Obligations

Long-term obligations consisted of the following:

	December 31, 2020												December 31, 2019
	Principal Amount			Gross Carrying Amount			Deferred Financing Costs*			Net Carrying Amount			Net Carrying Amount
Senior secured term loan facility (“Term Loan    Credit Agreement”)	$	694,220		$	694,220		$	(4,055	)	$	690,165		$	718,596
6.125% Senior Notes — due 2023		22,924			22,924			(145	)		22,779			347,015
6.625% Senior Notes — due 2026		107,254			107,254			(939	)		106,315			494,910
First Lien Party City Notes		161,669			206,775			—			206,775			—
First Lien Anagram Notes		110,000			152,301			(966	)		151,335			—
Second Lien Anagram Notes		84,687			152,032			—			152,032			—
Finance lease obligations		13,983			13,983			—			13,983			14,990
Total long-term obligations		1,194,737			1,349,489			(6,105	)		1,343,384			1,575,511
Less: current portion		(13,576	)		(13,576	)		—			(13,576	)		(71,524	)
Long-term obligations, excluding current portion	$	1,181,161		$	1,335,913		$	(6,105	)	$	1,329,808		$	1,503,987

Summary of Debt Instrument Redemption

The Company may redeem the notes, in whole or in part, at par.

On or after August 1, 2021, the Company may redeem the notes, in whole or in part, at the following (expressed as a percentage of the principal amount to be redeemed):

Twelve-month period beginning on August 1,	Percentage
2021		103.313	%
2022		101.656	%
2023 and thereafter		100.000	%

Maturities of Long-Term Obligations

At December 31, 2020, maturities of long-term obligations consisted of the following:

	Long-Term Debt Obligations		Finance Lease Obligations		Totals
2021	$	12,492	$	1,084	$	13,576
2022		681,728		1,387		683,115
2023		22,924		431		23,355
2024		—		387		387
2025		359,076		365		359,441
Thereafter		259,286		10,330		269,616
Long-term obligations	$	1,335,506	$	13,983	$	1,349,489