XML 39 R25.htm IDEA: XBRL DOCUMENT v3.10.0.1
Subsequent Events
6 Months Ended
Jun. 30, 2018
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events
On July 13, 2018, the Company amended its $385.0 million term loan to convert its denomination from U.S. dollars to pound sterling. Following a repayment of $1.5 million on such date, the remaining term loan converted to £290.0 million, and the additional borrowing capacity converted from $65.0 million to £50.0 million. The Company pays interest on any outstanding obligations under the term loan at specified rates, based on the pound sterling LIBOR rate in effect from time to time. The other commercial terms of the term loan remained unchanged. The pound sterling-denominated term loan has been designated as a net investment hedge of certain of the Company’s investments in Affiliates with pound sterling as their functional currency.