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Senior Debt (Tables)
3 Months Ended
Mar. 31, 2015
Senior Debt [Abstract]  
Financial Covenants Ratios
The Credit Agreement requires us to comply with several financial covenants, including: (i) a consolidated total leverage ratio of no greater than 4.50:1 from the quarter ended March 31, 2014, to the quarter ended September 30, 2015, 4.25:1 from the quarter ended December 31, 2015, to the quarter ended September 30, 2016, and 4.00:1 thereafter; (ii) a consolidated senior secured leverage ratio of no greater than 2.75:1; and (iii) a consolidated fixed charge coverage ratio of no less than 1.50:1 from the quarter ended March 31, 2014, to December 31, 2015, and 1.75:1 thereafter. The table below shows the required and actual ratios under the Credit Agreement calculated as of March 31, 2015:
 
Required Ratio
 
Actual Ratio
Consolidated total leverage ratio
No greater than
 
4.50:1
 
2.92:1
Consolidated senior secured leverage ratio
No greater than
 
2.75:1
 
0.97:1
Consolidated fixed charge coverage ratio
No less than
 
1.50:1
 
1.82:1
Schedule of Maturities of Long-term Debt
The table below shows the scheduled maturity dates of our outstanding debt at March 31, 2015
 
Term Loan
 
Revolving Facility
 
INTRUST Line of Credit
 
Total
Year Ending December 31,
(In thousands)
2015
$
1,687

 
$

 
$
6,000

 
$
7,687

2016
2,250

 

 

 
2,250

2017
2,250

 

 

 
2,250

2018
2,250

 

 

 
2,250

2019
2,250

 
120,000

 

 
122,250

Thereafter
212,063

 

 

 
212,063

 
$
222,750

 
$
120,000

 
$
6,000

 
$
348,750