Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2017

Debt Disclosure [Abstract]

Summary of Components of Long-Term Debt

The following table provides a summary of the components of long-term debt (in thousands):

	March 31,			December 31,
	2017			2016
Senior Credit Facility:
Revolving Credit Facility, maturing 2021	$	39,000		$	—
Term Loan Facility, maturing 2022		861,869			868,419
ABL Credit Facility, maturing 2021		39,000			—
Senior Notes, maturing 2023		400,000			400,000
Unamortized debt issuance costs and discounts		(46,831	)		(48,764	)
Capital lease obligations		25,224			25,588
Other debt		1,387			1,582
Total debt		1,319,649			1,246,825
Less:  Current maturities of long-term debt		(1,664	)		(5,683	)
Total long-term debt	$	1,317,985		$	1,241,142

Summary of Maximum Secured Net Leverage Ratio Permitted Under Credit Facility

After giving effect to the CS Amendment, the maximum Secured Net Leverage Ratio permitted under the CS Agreement, as determined based on 12 month trailing Consolidated EBITDA and as defined in the CS Agreement, follows:

	Maximum
	Secured Net
Period	Leverage Ratio
Period from January 1, 2017 to June 30, 2017	4.50 to 1.00
Period from July 1, 2017 to December 31, 2018	4.75 to 1.00
Period from January 1, 2019 and thereafter	4.00 to 1.00

Summary of Redemption Dates and Prices of Senior Notes

The following table provides a summary of the redemption dates and prices related to the Senior Notes:

	Redemption
Period	Prices
Period from April 15, 2019 to April 14, 2020		108.719	%
Period from April 15, 2020 to April 14, 2021		105.813	%
Period from April 15, 2021 to April 14, 2022		102.906	%
Period from April 15, 2022 to April 14, 2023		100.000	%

Summary of Unamortized Debt Issuance Costs and Discounts

The following table provides a summary of unamortized debt issuance costs and discounts (in thousands):

	March 31,			December 31,
	2017			2016
Debt issuance costs	$	29,193		$	29,146
Debt discounts		24,536			24,536
Total debt issuance costs and discounts		53,729			53,682
Less: Amortization of debt issuance costs and discounts		(6,898	)		(4,918	)
Total unamortized debt issuance costs and discounts	$	46,831		$	48,764

Summary of Debt Maturities for Next Five Years and Thereafter

The following table provides a summary of debt maturities for the next five years and thereafter (in thousands):

	March 31,
	2017
Remainder of 2017	$	1,312
2018		7,786
2019		10,144
2020		10,245
2021		10,356
Thereafter		1,326,637
Total debt, excluding unamortized debt issuance costs and discounts	$	1,366,480

Summary of Components of Interest Expense, Net

The following table provides a summary of the components of interest expense, net (in thousands):

	Three Months Ended March 31,
	2017			2016
Senior Credit Facility:
Revolving Credit Facility	$	139		$	—
Term Loan Facility		14,641			—
ABL Credit Facility		256			—
Senior Notes		11,626			—
Amortization of debt issuance costs and discounts		1,980			—
All other interest expense (income), net		(1,112	)		569
Total interest expense, net from long-term debt		27,530			569
Due to Parent, net		—			26,883
Total interest expense, net	$	27,530		$	27,452