Debt and Short-Term Borrowings (Tables)

6 Months Ended

Jun. 30, 2017

Debt Disclosure [Abstract]

Total Debt

Total debt at June 30, 2017 and December 31, 2016 follows:

(Dollar amounts in thousands)	June 30, 2017		December 31, 2016
Senior Secured Credit Facility (2018 Term A) due on April 17, 2018 paying interest at a variable interest rate (London InterBank Offered Rate (“LIBOR”) plus applicable margin(1)(3))	$	27,894	$	28,721
Senior Secured Credit Facility (2020 Term A) due on January 17, 2020 paying interest at a variable interest rate (LIBOR plus applicable margin(3)(4))	206,657		212,661
Senior Secured Credit Facility (Term B) due on April 17, 2020 paying interest at a variable interest rate (LIBOR plus applicable margin(2)(3))	377,218		378,074
Senior Secured Revolving Credit Facility(6)	48,000		28,000
Note Payable due on October 1, 2017(3)	772		1,524
Note Payable due on July 31, 2017(3)	372		357
Note Payable due on August 31, 2019(5)	740		890
Note Payable due on April 30, 2021(3)	476		532
Total debt	$	662,129	$	650,759

(1) Applicable margin of 2.25% at June 30, 2017 and December 31, 2016.

(2) Subject to a minimum rate (“LIBOR floor”) of 0.75% plus applicable margin of 2.50% at June 30, 2017 and December 31, 2016.

(3) Net of unaccreted discount and unamortized debt issue costs, as applicable.

(4) Applicable margin of 2.50% at June 30, 2017 and December 31, 2016.

(5) Fixed interest rate of 7.50%.

(6) Applicable margin of 2.50% at June 30, 2017 and December 31, 2016.

Summary of Interest Rate Swap Transaction

As of June 30, 2017, the Company has the following interest rate swap agreement converting a portion of the interest rate exposure on the Company's Term B loan from variable to fixed:

Effective date	Maturity Date	Notional Amount	Variable Rate	Fixed Rate
January 2017	April 2020	$200 million	1-month LIBOR	1.9225%

Carrying Amount of Derivative Instruments on Company's Balance Sheet

As of June 30, 2017 and December 31, 2016, the carrying amount of the derivative on the Company’s balance sheet is as follows:

(Dollar amounts in thousands)	June 30, 2017		December 31, 2016
Other long-term liabilities	$	1,588	$	1,964