Financing Arrangements (Tables)

3 Months Ended

Mar. 31, 2018

Debt Disclosure [Abstract]

Schedule of Maturities of Principal Obligations Under New Term Facility

The Company’s maturities of principal obligations under the 2017 Term Facility are as follows as of March 31, 2018:

(in thousands)	Amount
Remainder of 2018	$	2,063
2019	2,750
2020	2,750
2021	2,750
2022	261,937
Total principal outstanding	272,250
Unamortized debt discount	(1,923		)
Unamortized debt issuance costs	(2,605		)
Total	267,722
Less: current portion	(2,750		)
Total long-term debt	$	264,972

Schedule of Term Facility Financial Covenant

The maximum consolidated leverage ratio permitted by the financial covenant is displayed in the table below:

Period	Consolidated Leverage Ratio
Q2 2018 through Q1 2019	4.75 to 1.00
Thereafter	4.50 to 1.00