Debt (Tables)

9 Months Ended

Sep. 30, 2018

Debt Disclosure [Abstract]

Summary of Debt

Following is a summary of the Company’s debt:

(in thousands)	Maturity Date	Interest Rate	Interest Paid	Public / Non-public	September 30, 2018			December 31, 2017
Senior Notes(1)	4/15/2019	7.00%	Semi-annually	Public	$	110,000		$	110,000
Term Loan Facility(1)	6/7/2021	Variable	Varies	Non-public		292,500			300,000
Senior Notes	2/27/2023	3.28%	Semi-annually	Non-public		125,000			125,000
Revolving Credit Facility	6/8/2023	Variable	Varies	Non-public		170,000			207,000
Senior Notes	11/25/2025	3.80%	Semi-annually	Public		350,000			350,000
Senior Notes	3/21/2030	3.96%	Quarterly	Non-public		150,000			-
Unamortized discount on Senior Notes	4/15/2019					(143	)		(332	)
Unamortized discount on Senior Notes	11/25/2025					(63	)		(70	)
Debt issuance costs						(3,185	)		(3,580	)
Total debt						1,194,109			1,088,018
Less: Current portion of debt						-			-
Long-term debt					$	1,194,109		$	1,088,018

⁽¹⁾ Pursuant to the Company’s Term Loan Facility (as defined below) and the indenture under which the senior notes due in 2019 were issued, principal payments will be due in the next twelve months. The Company intends to refinance these amounts and has the capacity to do so under its Revolving Credit Facility (as defined below), which is classified as long-term debt. As such, any amounts due in the next twelve months were classified as non-current.