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Debt
3 Months Ended
Mar. 31, 2018
Debt Disclosure [Abstract]  
Debt

7. DEBT:

The Company’s debt and capital lease obligations at March 31, 2018 and December 31, 2017 consisted of (in thousands):

 

     March 31,      December 31,  
     2018      2017  

$700 Million Revolving Credit Facility, interest at LIBOR plus 1.55%, maturing May 23, 2021, less unamortized deferred financing costs of $8,456 and $9,076

   $ 219,044      $ 161,924  

$200 Million Term Loan A, interest at LIBOR plus 1.50%, maturing May 23, 2022, less unamortized deferred financing costs of $1,474 and $1,557

     198,526        198,443  

$500 Million Term Loan B, interest at LIBOR plus 2.25%, maturing May 11, 2024, less unamortized deferred financing costs of $7,330 and $7,595

     488,920        488,655  

$350 Million Senior Notes, interest at 5.0%, maturing April 15, 2021, less unamortized deferred financing costs of $3,101 and $3,340

     346,899        346,660  

$400 Million Senior Notes, interest at 5.0%, maturing April 15, 2023, less unamortized deferred financing costs of $4,721 and $4,929

     395,279        395,071  

Capital lease obligations

     634        639  
  

 

 

    

 

 

 

Total debt

   $ 1,649,302      $ 1,591,392  
  

 

 

    

 

 

 

The majority of amounts due within one year consist of the amortization payments for the $500 Million Term Loan B of 1.0% of the original principal balance, as described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017.

For descriptions of the Company’s outstanding debt obligations, see “Principal Debt Agreements” within “Liquidity and Capital Resources” in Item 2, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included in this Quarterly Report on Form 10-Q.

At March 31, 2018, the Company was in compliance with all of its covenants related to its outstanding debt.