Debt (Tables)

6 Months Ended

Jun. 30, 2016

Debt Disclosure [Abstract]

Schedule of Debt

The components of the Company’s debt obligations as of June 30, 2016 and December 31, 2015 are as follows:

	December 31, 2015		Borrowings			Repayment/Amortization			June 30, 2016
	(In thousands)
Term loan facility	$	—	$	200,000		$	(2,500	)	$	197,500
Revolving credit facility	—		55,000			(20,000		)	35,000
Total debt under the facilities(1)	—		255,000			(22,500		)	232,500
Less: Deferred issuance cost	—		(7,949		)	795			(7,154		)
Total Debt, net of deferred issuance cost	$	—	$	247,051		$	(21,705	)	225,346
Long term debt, current portion, net of deferred issuance cost									8,410
Long term debt, net of deferred issuance cost									$	216,936

⁽¹⁾ The fair value of total debt under the facilities approximates the book value as of June 30, 2016.