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Debt (Tables)
12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Summary of Debt
Debt consisted of the following at December 31:
 
2018
 
2017
Term loan and security agreement 1
$
163,758


$
166,949


1 
Presented in the Consolidated Balance Sheets as the current portion of long-term debt (net of current prepaid debt financing costs of $0.6 million and current original issue discount of $0.6 million) of $9.1 million and long-term debt (net of long-term prepaid debt financing costs of $1.7 million and long-term original issue discount of $1.8 million) of $154.7 million.
Margin for Borrowings under Revolving Credit Facility
The applicable margin is based on average daily availability under the revolving credit facility as follows:
Level
 
Average Daily
Availability
 
Domestic Base
Rate  Loans
 
LIBOR
Revolver Loans
III
 
≥ to $24,000,000
 
0.50%
 
1.50%
II
 
> $12,000,000 but < $24,000,000
 
0.75%
 
1.75%
I
 
≤ to $12,000,000
 
1.00%
 
2.00%