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Subsequent Event
6 Months Ended
Jun. 30, 2017
Subsequent Events [Abstract]  
Subsequent Event
19) Subsequent Event

On July 6, 2017, the Company entered into Amendment No. 3 (the “Re-pricing Amendment 3”) to the Credit Agreement by and among the Company, the Lenders and Barclays Bank PLC, as administrative agent and collateral agent for the Lenders. The Re-pricing Amendment 3 decreased the applicable margin for the Company’s term loan under the Credit Agreement to 2.25% when the Total Leverage Ratio (as defined in the Credit Agreement) is at or above 1.25:1 and to 2.00% when the Total Leverage Ratio is below 1.25:1, both with a LIBOR floor of 0.75%. The margin for base rate borrowings will decrease to 1.25% when the Total Leverage Ratio is at or above 1.25:1 and to 1.00% when the Total Leverage Ratio is below 1.25:1. The period in which a prepayment premium may be required for a “Re-pricing Transaction” (as defined in the Credit Agreement) was reset to six months after the effective date of the Re-pricing Amendment 3.

On July 10, 2017, the Company prepaid $50,000 of principal under the Credit Agreement, which reduced the total outstanding principal balance under the Credit Agreement to $523,464.