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DEBT (Tables)
6 Months Ended
Jun. 30, 2018
Debt Disclosure [Abstract]  
Long-term Debt
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%
The Company's long-term debt consists of the following:
 
June 30, 2018
 
December 31, 2017
 
Principal
 
Debt Issuance Costs
 
Principal
 
Debt Issuance Costs
 
(amounts in thousands)
Term Loan, interest 4.23% and 3.61% at June 30, 2018 and December 31, 2017, respectively
$
97,500

 
$
(756
)
 
$
100,000

 
$
(866
)
Less current portion
(6,250
)
 

 
(6,875
)
 

Long-term debt
$
91,250

 
$
(756
)
 
$
93,125

 
$
(866
)

Aggregate scheduled maturities of debt
As of June 30, 2018, the aggregate scheduled maturities of the term loan are as follows:
 
Term Loan
 
(amounts in thousands)
Through Years Ending December 31:
 
2018
$
4,375

2019
7,500

2020
8,125

2021
10,000

2022
67,500

Thereafter

Total
$
97,500