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Long-Term Debt (Tables)
 9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Schedule of long term debt

Total debt consisted of the following:
(in thousands)
 
September 30,
2019
 
December 31, 2018
Term loan A-1
 
$
265,855

 
$
287,699

Term loan A-2
 
474,715

 
497,537

 
 
740,570

 
785,236

Less: unamortized loan fees
 
12,558

 
14,994

Total debt, net of unamortized loan fees
 
$
728,012

 
$
770,242

 
 
 
 
 
Current maturities of long-term debt, net of current unamortized loan fees
 
$
31,634

 
$
20,618

Long-term debt, less current maturities, net of unamortized loan fees
 
$
696,378

 
$
749,624
Financial covenants in credit agreements
As shown below, as of September 30, 2019, the Company was in compliance with the financial covenants in its credit agreement.
 
 
 
Actual
 
Covenant Requirement
Total leverage ratio
 
2.38

 
3.50 or Lower
Debt service coverage ratio
 
6.21

 
2.00 or Higher
Minimum liquidity balance (in millions)
 
$
172.2

 
$25.0 or Higher