DEBT (Tables)

3 Months Ended

Mar. 31, 2018

Debt Disclosure [Abstract]

Long-term Debt

The Company's long-term debt consists of the following:

	March 31, 2018						December 31, 2017
	Principal			Debt Issuance Costs			Principal			Debt Issuance Costs
	(amounts in thousands)
Term Loan, interest 3.91% and 3.61% at March 31, 2018 and December 31, 2017, respectively	$	98,750		$	(811	)	$	100,000		$	(866	)
Less current portion	(5,625		)	—			(6,875		)	—
Long-term debt	$	93,125		$	(811	)	$	93,125		$	(866	)

The Applicable Margin, as of any date, is a percentage per annum determined by reference to the applicable Consolidated Net Leverage Ratio (as defined by the agreement) in effect on such date as set forth in the table below.

Level	Consolidated Net Leverage Ratio	Eurodollar Loans, LIBOR Index Rate Loans and Letter of Credit Fee	Base Rate Loans	Commitment Fee
I	Less than 1.50:1.00	1.75%	0.75%	0.25%
II	Greater than or equal to 1.50:1.00 but less than 2.00:1.00	2.00%	1.00%	0.30%
III	Greater than or equal to 2.00:1.00  but less than 2.50:1.00	2.25%	1.25%	0.30%
IV	Greater than or equal to 2.50:1.00  but less than 3.00:1.00	2.50%	1.50%	0.35%
V	Greater than or equal to 3.00:1.00	2.75%	1.75%	0.40%

Aggregate scheduled maturities of debt

As of March 31, 2018, the aggregate scheduled maturities of the term loan are as follows:

	Term Loan
	(amounts in thousands)
Through Years Ending December 31:
2018	$	5,625
2019	7,500
2020	8,125
2021	10,000
2022	67,500
Thereafter	—
Total	$	98,750