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Debt and Financing Arrangements (Tables)
6 Months Ended
Jun. 30, 2017
Debt Disclosure [Abstract]  
Debt
 
 
June 30,
 
December 31,
 
 
2017
 
2016
 
 
(In thousands)
Term loan due 2024 ($299.3 million face value)
 
$
297,808

 
$

Term loan due 2021 ($325.7 million face value)
 

 
325,684

Other
 
32,065

 
37,195

Debt issuance costs
 
(6,820
)
 

 
 
323,053

 
362,879

Less: current maturities of debt
 
7,414

 
11,038

Long-term debt
 
$
315,639

 
$
351,841

Schedule of Interest Rate Derivatives
Below is a summary of the Company’s outstanding interest rate swap agreements designated as hedges as of June 30, 2017:

Notional Amount (in millions)
Effective Date
Fixed Rate
Receive Rate
Expiration Date
 
 
 
 
 
$
250.0

June 30, 2017
1.372
%
1-month LIBOR
June 29, 2018
$
250.0

June 29, 2018
1.662
%
1-month LIBOR
June 28, 2019
$
200.0

June 28, 2019
1.952
%
1-month LIBOR
June 30, 2020
$
100.0

June 30, 2020
2.182
%
1-month LIBOR
June 30, 2021