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Debt and Capital Lease Obligations (Tables)
 6 Months Ended
Jun. 30, 2017
Debt Disclosure [Abstract]  
Schedule of Long-term Debt and Capital Lease Obligations

The components of long-term debt and capital lease obligations consisted of the following:

 

 

 

June 30,

 

 

December 31,

 

(in thousands, except interest rates)

 

2017

 

 

2016

 

Revolving credit facility and term loan 3.3% and 2.6% weighted-average interest rate at

   June 30, 2017 and December 31, 2016, respectively, due through 2019 (1)

 

$

203,093

 

 

$

212,750

 

Brewster Inc. revolving credit facility 2.6% and 2.7% weighted-average interest rate at

   June 30, 2017 and December 31, 2016, respectively, due through 2017 (1)

 

 

37,818

 

 

 

36,456

 

Less unamortized debt issuance costs

 

 

(1,204

)

 

 

(1,464

)

Total debt

 

 

239,707

 

 

 

247,742

 

Capital lease obligations 4.8% and 4.9% weighted-average interest rate at June 30,

   2017 and December 31, 2016, respectively, due through 2020

 

 

1,665

 

 

 

1,469

 

Total debt and capital lease obligations

 

 

241,372

 

 

 

249,211

 

Current portion (2)

 

 

(176,124

)

 

 

(174,968

)

Long-term debt and capital lease obligations

 

$

65,248

 

 

$

74,243

 

(1)

Represents the weighted-average interest rate in effect at the respective periods for the revolving credit facilities and term loan borrowings, including any applicable margin. The interest rates do not include amortization of debt issuance costs or commitment fees.

(2)

Borrowings under the revolving credit facilities are classified as current because all borrowed amounts are due within one year.