XML 24 R14.htm IDEA: XBRL DOCUMENT v3.10.0.1
Debt
3 Months Ended
Sep. 30, 2018
Debt Disclosure [Abstract]  
Debt
Debt
REVOLVING CREDIT FACILITY
On September 28, 2018, the Company amended its revolving credit facility to increase and extend the borrowing capacity to $750,000, 5-year revolving credit line, with the maturity extended to September 28, 2023 (“the Revolver”). As of September 30, 2018, the Company's outstanding balance of unamortized deferred financing costs was $6,722, which is being amortized to other income (expense), net on a straight line basis over the new term of the Revolver. The Company drew $45,000 from the Revolver to facilitate the acquisition of Germane.
As of September 30, 2018, the Company was in compliance with all covenants and conditions under the Revolver and there were outstanding borrowings of $240,000 against the Revolver, resulting in interest expense of $2,259 for the three months ended September 30, 2018. There were outstanding letters of credit of $2,510 as of September 30, 2018.