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INDEBTEDNESS (Tables)
9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Summary of long-term debt
The following table summarizes the Company’s long-term debt as of the dates presented:
 
September 30, 2019
 
December 31, 2018
Revolving credit facility
$
148.5

 
$
134.5

Term loans
313.7

 
330.8

Total long-term debt
462.2

 
465.3

Less: Current maturities of long-term debt
17.0

 
17.2

Less: Unamortized debt issuance costs
4.4

 
4.2

Long-term debt, net
$
440.8

 
$
443.9


Schedule of Revolving Credit Facility
The commitments and available borrowing capacity under the revolving credit facility (the “Revolver”) were as follows as of the dates presented:
 
Commitments
 
Outstanding Borrowings
 
Letters of Credit Outstanding
 
Borrowing Capacity
September 30, 2019
$400.0
 
$148.5
 
$5.1
 
$246.4
December 31, 2018
$400.0
 
$134.5
 
$5.2
 
$260.3

Schedule of Aggregate Maturities of Long-term Debt
The aggregate maturities of long-term debt are as follows:
 
 
Future minimum debt payments
2019
 
$
4.1

2020
 
17.0

2021
 
17.0

2022
 
17.0

2023
 
17.0

Thereafter
 
390.1

Total
 
$
462.2