Long-Term Debt (Tables)
 9 Months Ended
Sep. 30, 2013
Long-Term Debt  
Schedule of long-term debt

Long-term debt is summarized as follows (in thousands):

 

 

 

September 30,
2013

 

December 31,
2012

 

 

 

 

 

 

 

Term loans

 

$

389,275

 

$

457,650

 

Less unamortized discount

 

(2,914

)

(3,732

)

Revolving loans

 

—

 

—

 

Subtotal

 

386,361

 

453,918

 

Less current portion

 

(34,335

)

(76,950

)

 

 

 

 

 

 

Long-term portion

 

$

352,026

 

$

376,968

 
Schedule of quarterly principal payments

 

 

Fiscal Quarter Ending

 

Minimum
Quarterly
Principal Payment
(in thousands)

 

December 31, 2013

 

$

8,575

 

Each quarter thereafter

 

6,125

 
Schedule of ECF prepayments as a percentage of consolidated EBITDA

 

 

Consolidated Leverage Ratio

 

ECF Prepayment as a
Percentage of
Consolidated
EBITDA (as defined)

 

Greater than 3.00

 

75

%

2.25 to 3.00

 

50

%

1.25 to 2.25

 

25

%

Less than 1.25

 

0

%
Schedule of the maximum consolidated leverage ratio and minimum fixed charge coverage ratio under the entity's Amended Credit Facility

 

 

Period

 

Maximum
Allowable
Consolidated
Leverage Ratio

 

Minimum
Allowable
Consolidated
Fixed Charge
Coverage Ratio

 

March 8, 2013 to June 29, 2014

 

4.00 to 1.00

 

1.05 to 1.00

 

June 30, 2014 to June 29, 2015

 

3.50 to 1.00

 

1.10 to 1.00

 

June 30, 2015 and thereafter

 

3.25 to 1.00

 

1.10 to 1.00