Financing Arrangements (Tables)

9 Months Ended

Sep. 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 September 30, 2018:

(in thousands)	Amount
Remainder of 2018	$	688
2019	2,750
2020	2,750
2021	2,750
2022	261,937
Total principal outstanding	270,875
Unamortized debt discount	(1,697		)
Unamortized debt issuance costs	(2,298		)
Total	266,880
Less: current portion	(2,750		)
Total long-term debt	$	264,130

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
Q4 2018 through Q1 2019	4.75 to 1.00
Thereafter	4.50 to 1.00