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DEBT (Tables)
12 Months Ended
Dec. 31, 2018
DEBT  
Schedule of outstanding debt

 

 

 

 

 

 

 

 

 

 

December 31,

 

    

2018

    

2017

Short-term debt, borrowings on line of credit

 

$

176,300

 

$

188,250

Long-term debt:

 

 

 

 

 

  

Term loan A

 

$

142,500

 

$

150,000

Term loan B

 

 

322,000

 

 

400,000

Total

 

 

464,500

 

 

550,000

Unamortized debt issuance costs

 

 

(14,631)

 

 

(17,402)

Total long-term debt

 

 

449,869

 

 

532,598

Less:  current portion

 

 

11,500

 

 

11,500

Long-term debt, less current portion

 

$

438,369

 

$

521,098

 

Summary of scheduled principal payments on term loans

 

 

 

 

 

2019

    

$

11,500

2020

 

 

11,500

2021

 

 

11,500

2022

 

 

124,000

2023

 

 

4,000