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Long-term debt (Tables)
 12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Schedule Of Long-Term Debt
Long-term debt consists of the following at year-end: 
 
 
2018
 
2017
2027 Notes
 
$
265,000

 
$
265,000

2023 Notes
 
348,069

 
348,069

Capital lease obligations
 
6,503

 
4,539

Other long-term borrowings
 
16,676

 
22,900

Subtotal
 
636,248

 
640,508

Discount on 2023 Notes
 
(3,156
)
 
(3,804
)
Premium on 2023 Notes
 
1,187

 
1,438

Deferred financing costs
 
(4,019
)
 
(4,641
)
Total
 
630,260

 
633,501

Current portion of long-term debt
 
3,836

 
4,359

Long-term debt, excluding current portion
 
$
626,424

 
$
629,142


The following table presents information related to the purchase and repayments of the principal of the 2016 Notes:
 
 
Amount
Date
Redemption price
BRL
$
November 25, 2015
93.75%
40,000

 
9,995

 
November 30, 2015
93.75%
7,039

 
1,715

 
January 29, 2016
97.75%
1,180

 
288

 
April 21, 2016
100.00%
421,765

 
118,797

 
May 5, 2016
97.00%
4,025

 
1,106

 
July 13, 2016
100.00%
200,991

 
60,965

 
Total
 
675,000

 
192,866

 
The following table presents information related to the Secured Loan Agreement:
 Interest Expense (i) (ii)
 
DFC Amortization (ii)
 
 Other Costs (ii) (iii)
2018
 
2017
 
2016
 
2018
 
2017
 
2016
 
2018
 
2017
 
2016
$
—

 
$
2,570

 
$
6,519

 
$
—

 
$
3,251

 
$
814

 
$
—

 
$
2,249

 
$
—


(i)
These charges do not include the effect of the cross-currency interest rate swap agreements mentioned in Note 13, amounting to a loss of $6,921 and $18,177, during fiscal years 2017 and 2016, respectively. Including these effects the total interest cost amounts to $9,491 and $24,696, respectively.
(ii)
These charges are included within "Net interest expense" in the consolidated statement of income.
(iii)
Transaction costs related to the repayment of the Loan.
The following table presents additional information related to the 2027, 2023 and 2016 Notes (the "Notes"):

 
 
 
 
 
 Principal as of December 31,
 
 
 
Annual interest rate
 
Currency
 
2018
 
2017
 
Maturity
2027 Notes
5.875
%
 
USD
 
$
265,000

 
$
265,000

 
April 4, 2027
2023 Notes
6.625
%
 
USD
 
348,069

 
348,069

 
September 27, 2023

 
 
Interest Expense (i)
 
DFC Amortization (i)
 
Amortization of Discount, net (i)
 
 
2018
 
2017
 
2016
 
2018
 
2017
 
2016
 
2018
 
2017
 
2016
2027 Notes
 
$
15,569

 
$
11,547

 
$
—

 
$
299

 
$
224

 
$
—

 
$
—

 
$
—

 
$
—

2023 Notes
 
23,060

 
23,885

 
28,516

 
323

 
610

 
943

 
397

 
752

 
1,157

2016 Notes
 
—

 
—

 
6,668

 
—

 
—

 
391

 
—

 
—

 
(266
)

(i)
These charges are included within "Net interest expense" in the consolidated statements of income.

Each loan under the agreement bore interest at the following annual interest rates:
Lender
 
Annual Interest Rate
Citibank N.A.
 
3M LIBOR + 2.439%
Itaú BBA International plc
 
5.26%
Banco Santander (Brasil) S.A., Cayman Islands Branch
 
4.7863%
Bank of America N.A.
 
3M LIBOR + 4.00%
JP Morgan Chase Bank, N.A.
 
3M LIBOR + 3.92%
Schedule Of Future Payments Related To Long-Term Debt
At December 31, 2018, future payments related to the Company’s long-term debt are as follows:
 
 
Principal
 
Interest
 
Total
2019
 
$
3,836

 
$
40,537

 
$
44,373

2020
 
3,355

 
40,243

 
43,598

2021
 
3,298

 
39,941

 
43,239

2022
 
3,493

 
39,598

 
43,091

2023
 
351,074

 
39,314

 
390,388

Thereafter
 
271,192

 
57,175

 
328,367

Total payments
 
636,248

 
256,808

 
893,056

Interest
 
—

 
(256,808
)
 
(256,808
)
Discount on 2023 Notes
 
(3,156
)
 
—

 
(3,156
)
Premium on 2023 Notes
 
1,187

 
—

 
1,187

Deferred financing cost
 
(4,019
)
 
—

 
(4,019
)
Long-term debt
 
$
630,260

 
$
—

 
$
630,260