Long-term debt

6 Months Ended

Jun. 30, 2016

Debt Disclosure [Abstract]

Long-term debt

(5) Long-term debt

Long-term debt as of June 30, 2016 and December 31, 2015 consists of the following:

	June 30, 2016			December 31, 2015
Term loan B requires quarterly installments    plus interest through the term of the loan, maturing    March 31, 2021. Outstanding borrowings bear    interest at LIBOR or base rate (as defined) plus a    margin at the election of the borrower
(4.50% at June 30, 2016 and 4.75% at December 31, 2015)	$	489,725		$	492,275
Revolving credit line, requires interest only    payments through the term of the loan, maturing    March 31, 2019. Outstanding borrowings bear    interest at LIBOR or base rate (as defined) plus a    margin at the election of the borrower
(4.25% at June 30, 2016 and December 31, 2015)		—			—
Total debt, excluding deferred financing costs	$	489,725			492,275
Deferred financing costs, net of accumulated amortization		(6,656	)		(7,396	)
Total debt		483,069			484,879
Current portion of long-term debt and line of credit		5,100			5,100
Long-term debt, net of current portion	$	477,969		$	479,779

Future annual principal payments of long-term debt as of June 30, 2016 are as follows:

	Amount
Remainder of 2016	$	2,550
2017		5,100
2018		5,100
2019		5,100
2020		5,100
Thereafter		466,775
Total	$	489,725