| Schedule of Debt Instruments Senior Secured Note |
Based on the then existing market conditions, we completed repurchases of our 6.75% Senior Secured Notes at amounts less than face value as follows:
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(Dollars in thousands) |
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December 27, 2019 |
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$ |
3,090 |
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$ |
2,874 |
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93.00 |
% |
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$ |
48 |
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$ |
167 |
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November 27, 2019 |
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5,183 |
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4,548 |
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87.75 |
% |
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82 |
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553 |
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November 15, 2019 |
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3,791 |
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3,206 |
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84.58 |
% |
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61 |
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524 |
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March 28, 2019 |
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2,000 |
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1,830 |
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91.50 |
% |
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37 |
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134 |
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March 28, 2019 |
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2,300 |
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2,125 |
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92.38 |
% |
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42 |
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133 |
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February 20, 2019 |
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125 |
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114 |
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91.25 |
% |
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2 |
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9 |
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February 19, 2019 |
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350 |
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319 |
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91.25 |
% |
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7 |
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24 |
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February 12, 2019 |
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1,325 |
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1,209 |
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91.25 |
% |
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25 |
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91 |
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January 10, 2019 |
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570 |
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526 |
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92.25 |
% |
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9 |
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35 |
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December 21, 2018 |
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2,000 |
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1,835 |
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91.75 |
% |
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38 |
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127 |
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December 21, 2018 |
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1,850 |
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1,702 |
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92.00 |
% |
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35 |
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113 |
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December 21, 2018 |
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1,080 |
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999 |
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92.50 |
% |
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21 |
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60 |
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November 17, 2018 |
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1,500 |
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1,357 |
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90.50 |
% |
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29 |
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114 |
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May 4, 2018 |
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4,000 |
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3,770 |
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94.25 |
% |
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86 |
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144 |
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April 10, 2018 |
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4,000 |
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3,850 |
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96.25 |
% |
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87 |
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63 |
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April 9, 2018 |
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2,000 |
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1,930 |
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96.50 |
% |
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43 |
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27 |
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$ |
35,164 |
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$ |
32,194 |
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$ |
652 |
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$ |
2,318 |
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| Long-Term Debt |
Long-term debt consisted of the following:
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As of December 31, |
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2018 |
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2019 |
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(Dollars in thousands) |
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6.75% Senior Secured Notes |
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$ |
238,570 |
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$ |
219,836 |
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Less unamortized debt issuance costs based on imputed interest rate of 7.08% |
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(4,540 |
) |
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(3,368 |
) |
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6.75% Senior Secured Notes net carrying value |
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234,030 |
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216,468 |
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Asset-Based Revolving Credit Facility principal outstanding |
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19,660 |
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12,426 |
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Long-term debt less unamortized debt issuance costs |
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253,690 |
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228,894 |
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(19,660 |
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(12,426 |
) |
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Long-term debt less unamortized debt issuance costs, net of current portion |
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$ |
234,030 |
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$ |
216,468 |
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| Principle Repayment Requirements Under Long Term Agreements Outstanding |
Principal repayment requirements under all long-term debt agreements outstanding at December 31, 2019 for each of the next five years and thereafter are as follows:
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Amount |
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(Dollars in thousands) |
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For the Year Ended December 31, |
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2020 |
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$ |
12,426 |
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2021 |
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— |
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2022 |
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— |
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2023 |
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— |
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2024 |
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219,836 |
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— |
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$ |
232,262 |
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