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Long-Term Debt and Credit Facility (Tables)
12 Months Ended
Dec. 31, 2015
Long-Term Debt and Credit Facility  
Schedule of long-term debt

 

 

 

 

 

    

Interest

 

December 31,

 

December 31,

 

 

 

Rate

    

2015

    

2014

    

First Lien Term Loan (a)

 

 

5.50%

 

$

312,500

 

$

 —

 

Senior term loan dated September 2, 2014 (b)

 

 

3.91%

 

 

 —

 

 

170,866

 

Sellers Note (a)

 

 

5.00%

 

 

9,000

 

 

9,000

 

Unamortized discount

 

 

 

 

 

(4,459)

 

 

(442)

 

Unamortized deferred financing costs

 

 

 

 

 

(8,041)

 

 

(614)

 

Total long-term debt

 

 

 

 

 

309,000

 

 

178,810

 

Less current maturities

 

 

 

 

 

(9,000)

 

 

(6,326)

 

Long-term debt, net of current maturities

 

 

 

 

$

300,000

 

$

172,484

 

(a)

Interest rate on December 31, 2015

(b)

Interest rate on December 31, 2014

 

Schedule of maturities of long-term debt

 

 

 

 

 

Year ending December 31:

    

 

 

2016

 

$

9,000

2017

 

 

 —

2018

 

 

2019

 

 

2020

 

 

Thereafter

 

 

312,500

 

 

$

321,500