Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Long-term Debt

Total debt consists of the following:

(in thousands)	December 31, 2018		December 31, 2017
Term loan A-1	287,699		436,500
Term loan A-2	497,537		400,000
	785,236		836,500
Less: unamortized loan fees	14,994		14,542
Total debt, net of unamortized loan fees	$	770,242	$	821,958
Current maturities of long-term debt, net of current unamortized loan fees	$	20,618	$	64,397
Long-term debt, less current maturities, net of unamortized loan fees	$	749,624	$	757,561

Financial Covenants in Credit Agreements

As shown below, as of December 31, 2018, the Company was in compliance with the financial covenants in its credit agreements.

	Actual		Covenant Requirement
Total leverage ratio	2.54		3.50 or Lower
Debt service coverage ratio	3.63		2.00 or Higher
Minimum liquidity balance (in millions)	$	159.0	$25.0 or Higher

Maturities of Long-term Debt

Future maturities of long-term debt principal are as follows:

Year Ending	Amount
(in thousands)
2019	$	23,197
2020	34,122
2021	34,122
2022	37,764
2023	183,434
2024 and after	472,597
Total	$	785,236