Debt

6 Months Ended

Jun. 30, 2019

Debt Disclosure [Abstract]

Debt

Debt

Credit Agreement

The Company's credit agreement, as amended ("Credit Agreement"), comprises (1) $365.0 million of seven-year term debt ("Term Loan") expiring in June 2024 and (2) a $100.0 million five-year revolving credit facility ("Credit Facility") expiring in June 2022. During the six months ended June 30, 2019, the Company made principal loan payments of $24.8 million. At June 30, 2019, $315.7 million was outstanding under the Term Loan, and the Company had no outstanding

borrowings under its Credit Facility. In accordance with ASC 835, Interest, the amounts outstanding under the Company's Term Loan are presented on the consolidated balance sheet net of related debt issuance costs, which were $9.6 million as of June 30, 2019.