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Long-Term Debt | 6 Months Ended
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Jun. 30, 2017
Debt Disclosure [Abstract] |
Long-Term Debt | Note 5 – Long-Term Debt Long-term debt, net was comprised of the following:
(In thousands) |  | June 30, 2017 |  |  | December 31, 2016 |
Term Loans |  | $ | 144,000 |  |  | $ | 150,000 |
Revolving Credit Facility |  |  | 27,000 |  |  |  | 30,000 |
Capital lease obligations |  |  | 4,520 |  |  |  | 1,970 |
Notes payable |  |  | 3,202 |  |  |  | 3,777 |
Total long-term debt |  |  | 178,722 |  |  |  | 185,747 |
Less: Unamortized debt issuance costs |  |  | (1,928 | ) |  |  | (2,305 | )
|  |  | 176,794 |  |  |  | 183,442 |
Less: Current portion, net of unamortized debt issuance costs |  |  | (15,401 | ) |  |  | (15,752 | )
Long-term debt, net |  | $ | 161,393 |  |  | $ | 167,690 |
Credit Agreement As of June 30, 2017, the facilities under the Company’s Credit Agreement with Capital One, National Association (as administrative agent) and the lenders named therein (the “Credit Agreement”) consisted of $160.0 million in senior secured term loans (“Term Loans”) and a $50.0 million Revolving Credit Facility. The facilities mature on July 31, 2020. Borrowings under the Credit Agreement bear interest, at the Company’s option, at either (1) the highest of the federal funds rate plus 0.50%, the Eurodollar rate for a one-month interest period plus 1.00%, or the administrative agent’s prime rate as announced from time to time, or (2) the Eurodollar rate for the applicable interest period, plus in each case, an applicable margin based on the Company’s leverage ratio. For the six months ended June 30, 2017 and 2016, the weighted-average effective interest rate on the Company’s outstanding borrowings under the Credit Agreement was approximately 3.4%. The Company was in compliance with its financial covenants under the Credit Agreement as of June 30, 2017.

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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