NOTES PAYABLE AND LONG-TERM DEBT (Tables)
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12 Months Ended |
Dec. 31, 2015 |
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| Long-Term Debt |
Long-term debt consisted of the following: | | | As of December 31, 2014 | | As of December 31, 2015 | | | | | (Dollars in thousands) | | | Term Loan B | | $ | 274,933 | | $ | 273,136 | | | Revolver | | | 1,784 | | | 3,306 | | | Capital leases and other loans | | | 788 | | | 674 | | | | | | 277,505 | | | 277,116 | | | Less current portion | | | (1,898) | | | (5,662) | | | | | $ | 275,607 | | $ | 271,454 | |
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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, 2015 for each of the next five years and thereafter are as follows: | | | Amount | | | For the Twelve Months Ended December 31, | | (Dollars in thousands) | | | 2016 | | $ | 5,662 | | | 2017 | | | 3,113 | | | 2018 | | | 3,105 | | | 2019 | | | 3,103 | | | 2020 | | | 3,106 | | | Thereafter | | | 259,027 | | | | | $ | 277,116 | |
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| Repayments of Term Loan B |
Repayments of our Term Loan B were as follows: | Date | | Principal Paid | | Unamortized Discount | | | | | (Dollars in Thousands) | | | December 31, 2014 | | $ | 4,000 | | $ | 16 | | | November 28, 2014 | | | 4,000 | | | 15 | | | September 29, 2014 | | | 5,000 | | | 18 | | | March 31, 2014 | | | 2,250 | | | 8 | |
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| Change in Rate Based on Leverage Ratio |
Details of the change in our rate based on our leverage ratio were as follows: | Consolidated Leverage Ratio | | Base Rate | | Eurodollar
Rate Loans | | Applicable Fee
Rate | | | Less than 3.25 to 1.00 | | | 0.75 | % | | 2.25 | % | | 0.40 | % | | Greater than or equal to 3.25 to 1.00 but less than 4.50 to 1.00 | | | 0.75 | % | | 2.50 | % | | 0.50 | % | | Greater than or equal to 4.50 to 1.00 but less than 6.00 to 1.00 | | | 1.25 | % | | 3.00 | % | | 0.60 | % | | Greater than or equal to 6.00 to 1.00 | | | 2.25 | % | | 3.50 | % | | 0.75 | % |
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| Term Loan B And Revolving Credit Facility [Member] |
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| Change in Rate Based on Leverage Ratio |
| | | | | Revolver Pricing | | | Pricing Level | | Consolidated Leverage Ratio | | Base Rate Loans | | LIBOR Loans | | | 1 | | Less than 3.00 to 1.00 | | | 1.250 | % | | 2.250 | % | | 2 | | Greater than or equal to 3.00 to 1.00 but less than 4.00 to 1.00 | | | 1.500 | % | | 2.500 | % | | 3 | | Greater than or equal to 4.00 to 1.00 but less than 5.00 to 1.00 | | | 1.750 | % | | 2.750 | % | | 4 | | Greater than or equal to 5.00 to 1.00 but less than 6.00 to 1.00 | | | 2.000 | % | | 3.000 | % | | 5 | | Greater than or equal to 6.00 to 1.00 | | | 2.500 | % | | 3.500 | % |
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| Term B Loan [Member] |
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| Repayments of Term Loan B |
We have made prepayments on our Term Loan B, including interest through the date of the as follows: | Date | | Principal Paid | | Unamortized Discount | | | | | (Dollars in Thousands) | | | January 30, 2015 | | $ | 2,000 | | $ | 15 | | | December 31, 2014 | | | 4,000 | | | 16 | | | November 28, 2014 | | | 4,000 | | | 15 | | | September 29, 2014 | | | 5,000 | | | 18 | | | March 31, 2014 | | | 2,250 | | | 8 | | | December 30, 2013 | | | 750 | | | 3 | | | September 30, 2013 | | | 4,000 | | | 16 | | | June 28, 2013 | | | 4,000 | | | 14 | | |
| Terminated 95/8% Senior Secured Second Lien Notes [Member] |
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| Repayments of Term Loan B |
Information regarding repurchases and redemptions of the Terminated 9 5/ 8% Notes is as follows: | Date | | Principal
Redeemed/Repurchased | | Premium
Paid | | Unamortized
Discount | | Bond Issue
Costs | | | | | (Dollars in thousands) | | | June 3, 2013 | | $ | 903 | | $ | 27 | | $ | 3 | | $ | - | | | March 14, 2013 | | | 212,597 | | | 22,650 | | | 837 | | | 2,867 | | | December 12, 2012 | | | 4,000 | | | 120 | | | 17 | | | 57 | | | June 1, 2012 | | | 17,500 | | | 525 | | | 80 | | | 287 | | | December 12, 2011 | | | 12,500 | | | 375 | | | 62 | | | 337 | | | September 6, 2011 | | | 5,000 | | | 144 | | | 26 | | | 135 | | | June 1, 2011 | | | 17,500 | | | 525 | | | 93 | | | 472 | | | December 1, 2010 | | | 12,500 | | | 375 | | | 70 | | | 334 | | | June 1, 2010 | | | 17,500 | | | 525 | | | 105 | | | 417 | | |