Debt and Financing Arrangements (Tables)

6 Months Ended

Jun. 30, 2020

Debt and Financing Arrangements

Schedule of Long-term debt

	June 30,		December 31,
	2020		2019
	(In thousands)
Term loan due 2024 ($290.3 million face value)	$	289,427	$	290,825
Other		65,085		25,007
Debt issuance costs		(4,956)		(5,013)
		349,556		310,819
Less: current maturities of debt		25,702		20,753
Long-term debt	$	323,854	$	290,066

Schedule of Interest Rate Derivatives

Below is a summary of the Company’s outstanding interest rate swap agreements designated as hedges as of June 30, 2020:

Notional Amount
(in millions)		Effective Date	Fixed Rate		Receive Rate	Expiration Date
$	200.0	June 30, 2020	2.249	%	1-month LIBOR	June 30, 2021
$	100.0	June 30, 2021	2.315	%	1-month LIBOR	June 30, 2023