XML 38 R28.htm IDEA: XBRL DOCUMENT v3.7.0.1
Debt (Tables)
 6 Months Ended
Jun. 30, 2017
Debt Disclosure [Abstract]  
Debt outstanding
Debt outstanding consisted of the following:
(in millions)
 
June 30, 
 2017
 
December 31,
2016
Senior Secured Term Loan B, payable in quarterly installments through April 9, 2023, and periodic variable interest at LIBOR or alternate base rate, plus applicable margin (3.73% at June 30, 2017 and 3.52% at December 31, 2016), including original issue discount and deferred financing fees of $6.9 million and $4.1 million, respectively, at June 30, 2017, and original issue discount and deferred financing fees of $7.6 million and $4.4 million, respectively, at December 31, 2016
 
$
1,975.3

 
$
1,984.6

Senior Secured Term Loan A, payable in quarterly installments through June 30, 2020, and periodic variable interest at LIBOR or alternate base rate, plus applicable margin (3.23% at June 30, 2017 and 2.77% at December 31, 2016), including original issue discount and deferred financing fees of $0.6 million and $0.2 million, respectively, at June 30, 2017, and original issue discount and deferred financing fees of $0.7 million and $0.2 million, respectively, at December 31, 2016
 
365.8

 
375.7

Senior Secured Revolving Line of Credit
 
45.0

 
—

Other notes payable
 
10.9

 
14.2

Capital lease obligations
 
0.4

 
1.1

Total debt
 
2,397.4

 
2,375.6

Less short-term debt and current portion of long-term debt
 
(100.1
)
 
(50.4
)
Total long-term debt
 
$
2,297.3

 
$
2,325.2
Schedule of maturities of long-term debt
Excluding potential additional principal payments due on the senior secured credit facility based on excess cash flows of the prior year, scheduled future maturities of total debt at June 30, 2017, were as follows: 
(in millions)
 
June 30, 2017
2017
 
$
71.0

2018
 
54.7

2019
 
54.5

2020
 
314.4

2021
 
20.5

Thereafter
 
1,894.1

Unamortized original issue discounts and unamortized deferred financing fee
 
(11.8
)
Total debt
 
$
2,397.4