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Long-Term Debt and Subordinated Credit Facility (Tables)
9 Months Ended
Sep. 30, 2015
Long-Term Debt and Subordinated Credit Facility  
Schedule of long-term debt

 

 

 

 

 

 

 

 

 

 

 

 

    

Interest

    

September 30, 

    

December 31, 

 

 

 

Rate (1)

 

2015

 

2014

 

First lien term loan facility (1)

 

6.75

%  

$

435,000

 

$

 —

 

Unamortized discount on first lien term loan facility

 

 

 

 

(6,433)

 

 

 —

 

Senior term loan dated September 2, 2014

 

3.02

%  

 

 —

 

 

170,645

 

Unamortized discount on senior term loan

 

 

 

 

 —

 

 

(221)

 

Unamortized deferred financing costs

 

 

 

 

(11,078)

 

 

(614)

 

Sellers note

 

5.0

%  

 

9,000

 

 

9,000

 

Total long-term debt

 

 

 

 

426,489

 

 

178,810

 

Less current maturities of long-term debt

 

 

 

 

(13,350)

 

 

(6,326)

 

Long-term debt, excluding current maturities

 

 

 

$

413,139

 

$

172,484

 


(1)

Interest rate at September 30, 2015