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Indebtedness (Tables)
6 Months Ended
Jun. 30, 2018
Summary of Indebtedness and Lease Financing Obligations

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

 

     As of June 30, 2018      As of December 31, 2017  

Current liabilities:

     

Term A loan

   $ 19,550      $ 19,550  

Term A-1 loan

     62,500        62,500  

Term B-3 loan

     5,450        5,450  

Lease finance obligation

     958        870  
  

 

 

    

 

 

 

Current obligations

     88,458        88,370  

Current deferred financing fees and debt discount

     (4,749      (4,811
  

 

 

    

 

 

 
     83,709        83,559  

Noncurrent liabilities:

     

Term A loan

     356,787        366,562  

Term A-1 loan

     1,140,625        1,171,875  

Term B-3 loan

     532,738        535,463  

Revolver

     —          —    

Lease finance obligation

     60,530        61,032  
  

 

 

    

 

 

 

Noncurrent obligations

     2,090,680        2,134,932  

Noncurrent deferred financing fees and debt discount

     (16,328      (18,688
  

 

 

    

 

 

 
     2,074,352        2,116,244  
  

 

 

    

 

 

 

Total

   $ 2,158,061      $ 2,199,803  
  

 

 

    

 

 

 
Interest 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, 2018  

Term A Loan

     LIBOR + 1.75      3.84

Term A-1 Loan

     LIBOR + 1.75      3.84

Term B-3 Loan

     LIBOR + 2.25      4.34

Revolving Credit Facility (1)

     LIBOR + 1.75      Not Applicable  

 

(1)

Includes unused commitment fee of 0.30% and letter of credit fee of 1.75% not reflected in interest rate above.

Scheduled Maturities of Contractual Debt Obligations

As of June 30, 2018, the scheduled maturities of the contractual debt obligations for the next five years are as follows (in thousands):

 

2018 (for the remaining six months)

   $ 43,750  

2019

     87,500  

2020

     87,500  

2021

     87,500  

2022

     1,297,738  

Thereafter

     513,662