Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2016

Long-Term Debt [Abstract]

Debt Outstanding

Revolver	$	60,000
Term loan		87,500
Total		147,500
Current portion of long-term debt		(7,500)
Long-term debt	$	140,000

Schedule of Principal Payments of the Term Loan

2016	$	3,750
2017		8,750
2018		10,000
2019		65,000
	$	87,500

Financial Debt Covenants

Description	Requirement
Leverage Ratio (Consolidated Indebtedness/Consolidated  Adj. EBITDA)	<  3.50 to 1.00
Fixed Charge Coverage Ratio (Consolidated Free Cash Flow/Consolidated Fixed Charges)	>  1.50 to 1.00
Annual Operating Lease Commitment	<  $50.0 million