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Financing Arrangements (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2018:
(in thousands)
Amount
Remainder of 2018
$
1,375

2019
2,750

2020
2,750

2021
2,750

2022
261,937

Total principal outstanding
271,562

Unamortized debt discount
(1,810
)
Unamortized debt issuance costs
(2,451
)
Total
267,301

Less: current portion
(2,750
)
Total long-term debt
$
264,551

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
Q3 2018 through Q1 2019
4.75 to 1.00
Thereafter
4.50 to 1.00