Debt and Short-Term Borrowings (Tables)

9 Months Ended

Sep. 30, 2014

Debt Disclosure [Abstract]

Total Debt

Total debt as of September 30, 2014 and December 31, 2013 was as follows:

(Dollar amounts in thousands)	September 30, 2014		December 31, 2013
Senior Secured Credit Facility (Term A) due on April 17, 2018 paying interest at a variable interest rate (London InterBank Offered Rate (“LIBOR”) plus applicable margin(1)(3))	$	280,968	$	292,153
Senior Secured Credit Facility (Term B) due on April 17, 2020 paying interest at a variable interest rate (LIBOR plus applicable margin(2)(3))		390,134		392,527
Senior Secured Revolving Credit Facility expiring on April 17, 2018 paying interest at a variable interest rate		8,000		50,000
Other short-term borrowing		—		1,200
Total debt	$	679,102	$	735,880

(1) Applicable margin of 2.50% at September 30, 2014 and December 31, 2013.

(2) Subject to a minimum rate (“LIBOR floor”) of 0.75% plus applicable margin of 2.75% at September 30, 2014 and December 31, 2013.

(3) Includes unamortized discount.