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Debt and Short-Term Borrowings (Tables) | 9 Months Ended
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Sep. 30, 2018
Debt Disclosure [Abstract] |
Total Debt | Total debt at September 30, 2018 and December 31, 2017 follows:
(In thousands) |  | September 30, 2018 |  | December 31, 2017
Senior Secured Credit Facility (2018 Term A) due on April 17, 2018 paying interest at a variable interest rate (London InterBank Offered Rate (“LIBOR”) plus applicable margin(1)(3)) |  | $ | — |  |  | $ | 26,690 |
Senior Secured Credit Facility (2020 Term A) due on January 17, 2020 paying interest at a variable interest rate (LIBOR plus applicable margin(3)(4)) |  | 189,974 |  |  | 200,653 |
Senior Secured Credit Facility (Term B) due on April 17, 2020 paying interest at a variable interest rate (LIBOR plus applicable margin(2)(3)) |  | 375,165 |  |  | 376,395 |
Senior Secured Revolving Credit Facility(6) |  | — |  |  | 12,000 |
Note Payable due on August 31, 2019(5) |  | — |  |  | 584 |
Note Payable due on April 30, 2021(3) |  | 330 |  |  | 418 |
Total debt |  | $ | 565,469 |  |  | $ | 616,740 |
(1) | Applicable margin of 2.25% at December 31, 2017.
(2) | Subject to a minimum rate (“LIBOR floor”) of 0.75% plus applicable margin of 2.50% at September 30, 2018 and December 31, 2017.
(3) | Net of unaccreted discount and unamortized debt issue costs, as applicable.
(4) | Applicable margin of 2.50% at September 30, 2018 and December 31, 2017.
(5) | Fixed interest rate of 7.50%. The Company prepaid the outstanding principal balance of this note during the second quarter of 2018 without penalties.
(6) | Applicable margin of 2.50% at September 30, 2018 and December 31, 2017.
Summary of Interest Rate Swap Transaction | As of September 30, 2018, the Company has the following interest rate swap agreement converting a portion of the interest rate exposure on the Company's Term B Loan from variable to fixed:
Effective date |  | Maturity Date |  | Notional Amount |  | Variable Rate |  | Fixed Rate
January 2017 |  | April 2020 |  | $200 million |  | 1-month LIBOR |  | 1.9225%
Carrying Amount of Derivative Instruments on Company's Balance Sheet | At September 30, 2018 and December 31, 2017, the carrying amount of the derivative on the Company’s balance sheets is as follows:
(Dollar amounts in thousands) |  | September 30, 2018 |  | December 31, 2017
Other long-term assets |  | $ | 2,546 |  |  | $ | 214 |

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- Definition Tabular disclosure of derivative instruments (including nonderivative instruments that are designated and qualify as hedging instruments) of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5618551-113959 + Details
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