DEBT OBLIGATIONS AND COLLATERAL REQUIREMENTS

9 Months Ended

Sep. 30, 2017

Debt Disclosure [Abstract]

DEBT OBLIGATIONS AND COLLATERAL REQUIREMENTS

DEBT OBLIGATIONS AND COLLATERAL REQUIREMENTS

On April 28, 2017, NIC Inc. (the “Company”) entered into Amendment No. 3 to Amended and Restated Credit Agreement (the “Amendment’), which amends the Amended and Restated Credit Agreement, dated as of August 6, 2014, by and between the Company and Bank of America, N.A. (the “Credit Agreement”).  The Amendment extended the maturity date to May 1, 2019. The other material terms of the Credit Agreement remain unchanged, including customary representations and warranties, affirmative and negative covenants and events of default.