DEBT (Tables)

3 Months Ended

Mar. 31, 2020

DEBT

Schedule of long-term debt

	March 31,		December 31,
$s in thousands	2020		2019
Revolving credit facility	$	417,396	$	327,000
Term loan		448,875		450,000
Unamortized term loan discount and debt issuance costs		(7,514)		(7,799)
Total debt		858,757		769,201
Current portion of long-term debt and Short-term borrowings		(3,754)		(3,359)
Long-term debt	$	855,003	$	765,842

Schedule of interest margins based on the total net leverage ratio

Total Net Leverage Ratio	LIBOR Rate Loans Interest Margin	Base Rate Loans Interest Margin
Equal to or greater than 3.25 to 1.00	2.00%	1.00%
Equal to or greater than 2.50 to 1.00, but less than 3.25 to 1.00	1.75%	0.75%
Equal to or greater than 1.75 to 1.00, but less than 2.50 to 1.00	1.50%	0.50%
Equal to or greater than 1.00 to 1.00, but less than 1.75 to 1.00	1.25%	0.25%
Less than 1.00 to 1.00	1.00%	0.00%