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Debt (Tables)
9 Months Ended
Sep. 30, 2017
Debt Disclosure [Abstract]  
Summary of Debt

The following table presents debt balances as of September 30, 2017, and December 31, 2016.

 

     September 30,
2017
     December 31,
2016
 

$545.0 million Senior Secured Term Loan B (“Senior Secured Term Loan”) bearing interest at the greater of 0.75% or one-month LIBOR (1.23% at September 30, 2017), plus an applicable margin of 4.25% at September 30, 2017, expiring October 19, 2022

   $ 539,250      $ 543,563  

$300.0 million Incremental Term Loan (“Incremental Term Loan”) bearing interest at the greater of 0.75% or one-month LIBOR (1.23% at September 30, 2017), plus an applicable margin of 3.75% at September 30, 2017, expiring April 3, 2021

     294,000        —    

$143.0 million Senior Secured Revolver (“Senior Secured Revolver”) bearing interest at one-month LIBOR (1.23% at September 30, 2017) plus an applicable margin of 3.5% at September 30, 2017, expiring October 19, 2020

     —          27,977  

$250.0 million Senior Notes (“Senior Notes”) bearing interest at 10.25%

     —          250,000  

French Safeguard Obligations

     401        358  

Brazilian lines of credit and equipment notes

     327        573  

Chinese line of credit, bearing interest

     3,014        2,619  
  

 

 

    

 

 

 

Total

     836,992        825,090  

Less current maturities of long-term debt

     21,090        12,751  
  

 

 

    

 

 

 

Principal, net of current portion

     815,902        812,339  

Less unamortized debt issuance costs

     21,903        26,626  
  

 

 

    

 

 

 

Long-term debt, net of current portion

   $ 793,999      $ 785,713