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Long-Term Debt And Lines of Credit (Tables)
12 Months Ended
Dec. 31, 2017
Long-Term Debt And Lines of Credit [Abstract]  
Debt Outstanding



 

 

 

 



 

December 31,



 

2017

 

2016

Revolver

$

26,200 

$

25,000 

Term loan

 

75,000 

 

83,750 

Total

 

101,200 

 

108,750 

Current portion of term loan

 

(10,000)

 

(8,750)

Long-term debt

$

91,200 

$

100,000 



Schedule of Principal Payments of the Term Loan



 

 

2018

$

10,000 

2019

 

65,000 



$

75,000 



Interest Paid During Period



 

 

2017

$

3,626

2016

 

3,047

2015

 

2,988



Financial Debt Covenants



 

 

 

 

Description

 

Requirement

 

Chemed



 

 

 

 



 

 

 

 

Leverage Ratio (Consolidated Indebtedness/Consolidated  Adj. EBITDA)

 

<  3.50 to 1.00

 

0.62 to 1.00



 

 

 

 

Fixed Charge Coverage Ratio (Consolidated Free Cash Flow/Consolidated

 

 

 

 

Fixed Charges)

 

>  1.50 to 1.00

 

2.10 to 1.00



 

 

 

 

Annual Operating Lease Commitment

 

<  $50.0 million

 

$23.5 million