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DEBT (Tables)
9 Months Ended
Sep. 30, 2018
Debt Disclosure [Abstract]  
Long-term Debt
The Company's long-term debt consists of the following:
 
September 30, 2018
 
December 31, 2017
 
Principal
 
Debt Issuance Costs
 
Principal
 
Debt Issuance Costs
 
(amounts in thousands)
Term Loan, interest 4.60% and 3.61% at September 30, 2018 and December 31, 2017, respectively
$
91,250

 
$
(664
)
 
$
100,000

 
$
(866
)
Less current portion
(7,454
)
 

 
(6,875
)
 

Long-term debt
$
83,796

 
$
(664
)
 
$
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 September 30, 2018, the aggregate scheduled maturities of the term loan are as follows:
 
Term Loan
 
(amounts in thousands)
Through Years Ending December 31:
 
2018
$
2,662

2019
6,389

2020
6,921

2021
8,519

2022
66,759

Thereafter

Total
$
91,250