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Debt (Tables)
6 Months Ended
Jun. 30, 2018
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt
The Company’s outstanding debt as of June 30, 2018, December 31, 2017 and June 30, 2017 consisted of the following (in thousands):
 
June 30, 2018
 
December 31, 2017
 
June 30, 2017
Revolving credit facility(1)
$

 
$

 
$
14,100

Term loan(1)
150,579

 
154,418

 
158,773

Capital lease obligations
2,179

 
2,374

 
2,594

Total debt(2)
152,758

 
156,792

 
175,467

Less: debt issuance costs
(390
)
 
(444
)
 
(501
)
Total debt, net of issuance costs
152,368

 
156,348

 
174,966

Less: current portion
(8,660
)
 
(8,646
)
 
(22,765
)
Long-term portion of debt
$
143,708

 
$
147,702

 
$
152,201

(1) See Note 8, “Debt,” to the consolidated financial statements included in the Annual Report for details regarding the Senior Secured Credit Agreement (as defined below under the heading “Description of indebtedness”). 
(2) The gross carrying amounts of the Company’s long-term debt, before reduction of the debt issuance costs, and capital lease obligations approximate their fair values, based on Level 2 inputs (quoted prices for similar assets and liabilities in active markets or inputs that are observable), as the stated rates approximate market rates for loans with similar terms. The Company did not transfer any liabilities measured at fair value on a recurring basis to or from Level 2 for any of the periods presented.