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Debt
6 Months Ended
Jun. 30, 2019
Debt Disclosure [Abstract]  
Debt
Note 6. Debt
Debt consists of the following:
 
June 30, 2019
 
December 31, 2018
(in thousands, except percentages)
Debt
 
Interest Rate
 
Debt
 
Interest Rate
Revolving Credit Facility, due March 9, 2023
$
370,000

 
3.77
%
 
$
60,000

 
3.67
%
Term Loan Credit Facility, due July 31, 2021
500,000

 
3.51
%
 
500,000

 
3.42
%
Finance Lease Obligation (1)
2,389

 
%
 
3,231

 
%
Total
872,389

 
 
 
563,231

 
 
Term Loan Credit Facility Unamortized Debt Issuance Costs
(872
)
 
 
 
(979
)
 
 
Total Debt
871,517

 
 
 
562,252

 
 
Finance Lease Obligation Due Within One Year (1)
(1,470
)
 
 
 
(3,231
)
 
 
Long-Term Debt
$
870,047

 
 
 
$
559,021

 
 
(1) 
See Note 9. Leases.
Compliance with Covenants The revolving credit facility and term loan credit facility require us to comply with certain financial covenants as of the end of each fiscal quarter. We were in compliance with such covenants as of June 30, 2019.
Fair Value of Long-Term Debt Our revolving credit facility and term loan credit facility are variable-rate, non-public debt. The fair value of our revolving credit facility and term loan credit facility approximates the carrying amount. The fair value is estimated based on observable inputs. As such, we consider the fair value of these facilities to be a Level 2 measurement on the fair value hierarchy.