Quarterly report pursuant to Section 13 or 15(d)

Financing Arrangements (Tables)

v3.8.0.1
Financing Arrangements (Tables)
9 Months Ended
Sep. 30, 2017
Debt Disclosure [Abstract]  
Schedule of Indebtedness
A summary of our outstanding indebtedness as of September 30, 2017 and December 31, 2016 is set forth below (in thousands):


 
September 30, 2017
 
December 31, 2016
Senior secured term loan facility, due July 2021(1)
$

 
$
263,980

Senior secured revolving credit facility, due July 2020(1)

 
55,500

Senior secured term loan facility, due July 2022(1)

 
92,000

Senior secured term loan facility, due January 2023(2)
493,750

 

Senior secured revolving credit facility, due January 2022(2)
78,000

 

2.75% convertible senior notes due 2035(3)
82,500

 
82,500

Other debt
2,669

 
3,299

Unamortized bond discounts, fair value adjustments and issue costs, net
(41,842
)
 
(26,979
)
Total carrying value of debt
615,077

 
470,300

Less: current portion, net
(13,424
)
 
(2,069
)
Total non-current
$
601,653

 
$
468,231


(1)    In connection with the EMC Acquisition, the Company assumed legacy EMC credit-agreement indebtedness, including this facility. This legacy EMC indebtedness was subsequently replaced by the 2017 Credit Agreement (as described in Note 8. Financing Arrangements).
(2)    This facility is a component of the 2017 Credit Agreement.
(3)    The principal amount outstanding of the 2.75% convertible senior notes due 2035 as set forth in the foregoing table was $82.5 million as of September 30, 2017, and are not the carrying amounts of this indebtedness (i.e., outstanding principal amount net of debt issuance costs and discount associated with the equity component).

Schedule of Maturities of Long-term Debt
The aggregate contractual maturities of all borrowings due subsequent to September 30, 2017 are as follows (in thousands):

Years Ending December 31,
Amount
2017 (remaining three months)
$
4,018

2018
13,180

2019
22,275

2020
25,135

2021
25,044

Thereafter
567,267

Total
$
656,919