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Debt (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt

The Company’s outstanding debt as of December 31, 2015 and 2016 consists of the following (in thousands):

 

 

 

December 31, 2015

 

 

December 31, 2016

 

Debt:

 

 

 

 

 

 

 

 

Revolving credit facility

 

$

7,700

 

 

$

-

 

Term loan

 

 

100,406

 

 

 

162,627

 

Second lien term loan

 

 

40,000

 

 

 

-

 

Capital lease obligations

 

 

-

 

 

 

2,766

 

Total debt

 

 

148,106

 

 

 

165,393

 

Less: debt issuance costs

 

 

(3,187

)

 

 

(566

)

Total debt, net of issuance costs

 

 

144,919

 

 

 

164,827

 

Less: current portion

 

 

(10,325

)

 

 

(8,650

)

Long-term portion of debt

 

$

134,594

 

 

$

156,177

 

 

Schedule of Aggregate Future Minimum Principal Payments on the Term Loan

Aggregate future minimum principal payments on the Term Loan are as follows (in thousands):

 

Year ending December 31,

 

 

 

 

2017

 

$

8,250

 

2018

 

 

8,250

 

2019

 

 

9,900

 

2020

 

 

12,375

 

Thereafter

 

 

126,225

 

Total

 

$

165,000

 

 

Schedule of Components of Interest Expense

The components of interest expense are as follows (in thousands):

 

 

 

Predecessor

 

 

 

Successor

 

 

 

Period from

 

 

 

Period from

 

 

 

 

 

 

 

 

 

 

 

January 1, 2014

 

 

 

February 1, 2014

 

 

 

 

 

 

 

 

 

 

 

through

 

 

 

through

 

 

Year ended December 31,

 

 

 

January 31, 2014

 

 

 

December 31, 2014

 

 

2015

 

 

2016

 

Interest of term loan debt

 

$

126

 

 

 

$

10,192

 

 

$

10,988

 

 

$

12,076

 

Amortization of debt issuance costs

 

 

-

 

 

 

 

993

 

 

 

1,101

 

 

 

1,281

 

Loss on extinguishment of debt

 

 

-

 

 

 

 

-

 

 

 

-

 

 

 

2,736

 

Interest on revolving line of credit

 

 

2

 

 

 

 

369

 

 

 

700

 

 

 

190

 

Other

 

 

-

 

 

 

 

(9

)

 

 

(68

)

 

 

-

 

Interest expense, net

 

$

128

 

 

 

$

11,545

 

 

$

12,721

 

 

$

16,283