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Senior Debt (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Summary of Debt

Debt consisted of the following at December 31, 2016 and 2015:

 

 

(Table only in thousands)

 

December 31,

2016

 

 

December 31,

2015

 

Outstanding borrowings under Credit Facility (defined below).

   Term loan payable in quarterly principal installments of $1.7

   million through September 2017, $2.3 million through

   September 2018, and $2.9 million thereafter with balance

   due upon maturity in September 2020.

 

 

 

 

 

 

 

 

– Term loan

 

$

125,072

 

 

$

166,813

 

– U.S. Dollar revolving loans

 

 

—

 

 

 

8,000

 

– Unamortized debt discount

 

 

(3,175

)

 

 

(4,229

)

Total outstanding borrowings under Credit Facility

 

 

121,897

 

 

 

170,584

 

Outstanding borrowings (U.S. dollar equivalent) under

   China Facility (defined below)

 

 

1,296

 

 

 

1,391

 

Outstanding borrowings (U.S. dollar equivalent) under

   Aarding Facility (defined below)

 

 

—

 

 

 

5,326

 

Outstanding borrowings (U.S. dollar equivalent) under

   Euro-denominated note payable to a bank, payable in

   quarterly installments of €25,000, plus interest, at a fixed rate of 3.82%,

   matured January 2016. Collateralized by the Heerenveen,

   Netherlands building.

 

 

—

 

 

 

27

 

Total outstanding borrowings

 

$

123,193

 

 

$

177,328

 

Less: current portion

 

 

8,827

 

 

 

19,494

 

Total debt, less current portion

 

$

114,366

 

 

$

157,834