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Indebtedness (Tables)
6 Months Ended
Jun. 30, 2017
Summary of Indebtedness and Lease Financing Obligations

The following is a summary of indebtedness and lease financing obligations (in thousands):

 

     As of June 30, 2017      As of December 31, 2016  

Current liabilities:

     

Term A loan

   $ 49,500      $ 49,500  

Term A-1 loan

     40,000        40,000  

Term B-2 loan

     5,450        —    

Lease finance obligation

     784        775  
  

 

 

    

 

 

 

Current obligations

     95,734        90,275  

Current deferred financing fees and debt discount

     (6,398      (7,541
  

 

 

    

 

 

 
     89,336      82,734  

Noncurrent liabilities:

     

Term A loan

     841,500        866,250  

Term A-1 loan

     710,000        730,000  

Term B loan

     —          543,812  

Term B-2 loan

     538,188        —    

Revolver

     —          —    

Lease finance obligation

     61,488        57,902  
  

 

 

    

 

 

 

Noncurrent obligations

     2,151,176        2,197,964  

Noncurrent deferred financing fees and debt discount

     (16,670      (17,955
  

 

 

    

 

 

 
     2,134,506      2,180,009  
  

 

 

    

 

 

 

Total

   $ 2,223,842      $ 2,262,743  
  

 

 

    

 

 

 
Interes Rates on Senior Secured Credit Facilities

Interest rates on borrowings under the senior secured credit facilities are set forth in the table below.

 

     Rate     As of June 30, 2017  

Term Loan A

     LIBOR + 1.75      2.98

Term Loan A-1

     LIBOR + 1.75      2.98

Term Loan B-2

     LIBOR + 2.50      3.73

Revolving Credit Facility(1)

     LIBOR + 1.75      Not Applicable  

 

(1) Includes unused commitment fee of 0.35% and letter of credit fee of 1.75% not reflected in interest rate above.
Scheduled Maturities of Contractual Debt Obligations for Next Five Years

As of June 30, 2017, the scheduled maturities of the contractual debt obligations for the next five years are as follows (in thousands):

 

2017 (for the remaining six months)

   $ 47,475  

2018

     94,950  

2019

     94,950  

2020

     1,422,700  

2021

     5,450  

Thereafter

     519,113