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Debt and Financing Arrangements (Tables)
12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Debt
 
 
December 31, 2018
 
December 31, 2017
(In thousands)
 
 
Term loan due 2024 ($294.8 and $297.8 million face value, respectively)
 
$
293,626

 
$
296,435

Other
 
30,449

 
36,514

Debt issuance costs
 
(6,092
)
 
(7,032
)
 
 
$
317,983

 
$
325,917

Less current maturities of debt
 
17,797

 
15,783

Long-term debt
 
$
300,186

 
$
310,134

Schedule of Interest Rate Swap Agreements
Below is a summary of the Company’s outstanding interest rate swap agreements designated as hedges as of
December 31, 2018:

Notional Amount (in millions)
Effective Date
Fixed Rate
Receive Rate
Expiration Date
 
 
 
 
 
$250.0
June 29, 2018
1.662%
1-month LIBOR
June 28, 2019
$200.0
June 28, 2019
1.952%
1-month LIBOR
June 30, 2020
$150.0
June 30, 2020
2.182%
1-month LIBOR
June 30, 2021
Schedule of Maturities of Long-term Debt
The contractual maturities of debt as of December 31, 2018 are as follows:
Year
 
(In thousands)
2019
 
$
18,863

2020
 
11,442

2021
 
8,853

2022
 
3,130

2023
 
3,161

Thereafter
 
279,750

 
 
$
325,199