Long-term Debt (Tables)

3 Months Ended

Mar. 31, 2016

Debt Disclosure [Abstract]

Obligations

Obligations (in thousands)	March 31, 2016			December 31, 2015
Senior secured second-priority notes	$	175,000		$	175,000
Equipment capital leases	8,075			9,762
Other debt	1,246			1,558
Costs associated with issuances of debt (1)	(2,978		)	(3,328		)
Total	181,343			182,992
Current portion of long-term debt and lease obligations	(32,933		)	(7,912		)
Non-current portion of long-term debt and lease obligations	$	148,410		$	175,080

⁽¹⁾  Represents presentation of debt issuance costs associated with debt liability to be presented as a direct deduction from the carrying amount of the debt liability.

Debt Instrument Redemption

On or after May 15, 2015, the Company may on one or more occasions redeem all or a part of the Third Lien Notes at the redemption prices set forth below, plus accrued and unpaid interest and special interest, if any, on the Third Lien Notes redeemed during the twelve-month period beginning on May 15th of the years indicated below:

Date	Percentage
2015	104.063%
2016	102.031%
2017 and thereafter	100.000%

On or after December 15, 2019, the Company may on one or more occasions redeem all or a part of the Second Lien Notes at the redemption prices set forth below, plus accrued and unpaid interest and special interest, if any, on the Second Lien Notes redeemed during the twelve-month period beginning on December 15th of the years indicated below:

Date	Percentage
2019	105.500%
2020	103.500%
2021 and thereafter	100.000%

Pro Forma Impact of Bond Exchange Program

Pro forma impact of bond exchange program in (thousands)	April 28, 2016		March 31, 2016
Senior secured second-priority notes (maturing December 15, 2021)	$	120,569	$	175,000
Senior secured third-priority notes (maturing May 15, 2018)	28,497		—
Total senior secured second and third-priority notes (1)	$	149,066	$	175,000

⁽¹⁾  For further discussion see “Senior Secured Notes” below.