Quarterly report pursuant to Section 13 or 15(d)

LONG-TERM DEBT (Tables)

v3.8.0.1
LONG-TERM DEBT (Tables)
 3 Months Ended
Mar. 31, 2018
Long-Term Debt
Long-term debt consisted of the following:
 
 
 
As of December 31, 2017
 
As of March 31, 2018
 
 
 
(Dollars in thousands)
 
6.75% Senior Secured Notes
 
$
255,000
 
$
255,000
 
Less unamortized debt issuance costs based on imputed interest rate of 7.08%
 
 
(5,774)
 
 
(5,550)
 
6.75% Senior Secured Notes net carrying value
 
 
249,226
 
 
249,450
 
Asset-Based Revolving Credit Facility principal outstanding
 
 
9,000
 
 
—
 
Capital leases and other loans
 
 
462
 
 
431
 
Long-term debt and capital lease obligations less unamortized debt issuance costs
 
 
258,688
 
 
249,881
 
Less current portion
 
 
(9,109)
 
 
(105)
 
Long-term debt and capital lease obligations less unamortized debt issuance costs, net of current portion
 
$
249,579
 
$
249,776
 
Principle Repayment Requirements Under Long Term Agreements Outstanding
Principal repayment requirements under all long-term debt agreements outstanding at March 31, 2018 for each of the next five years and thereafter are as follows:
 
 
 
Amount
 
For the Twelve Months Ended March 31,
 
(Dollars in thousands)
 
2019
 
$
105
 
2020
 
 
107
 
2021
 
 
113
 
2022
 
 
106
 
2023
 
 
—
 
Thereafter
 
 
255,000
 
 
 
$
255,431
 
Term B Loan [Member]  
Repayments of Term Loan B
The following payments or prepayments of the Term Loan B were made during three months ended March 31, 2017:
 
Date
 
Principal Paid
 
Unamortized Discount
 
 
 
(Dollars in Thousands)
 
February 28, 2017
 
 
3,000
 
 
6
 
January 30, 2017
 
 
2,000
 
 
5