Financing Arrangements (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Schedule of minimum payments, maturities of principal obligations under term facility

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

(in thousands)	Amount
2019	2,750
2020	2,750
2021	2,750
2022	261,937
Total principal outstanding	270,187
Unamortized debt discount	(1,584		)
Unamortized debt issuance costs	(2,144		)
Total	266,459
Less: current portion	(2,750		)
Total long-term debt	$	263,709

Schedule of term facility financial covenants

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

2017 Facility Financial Covenant
Period	Consolidated Leverage Ratio
Q1 2019	4.75 to 1.00
Thereafter	4.50 to 1.00