Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2019

Debt Disclosure [Abstract]

Schedule of long term debt

Total debt consisted of the following:

(in thousands)	March 31, 2019		December 31, 2018
Term loan A-1	$	278,561	$	287,699
Term loan A-2	486,787		497,537
	765,348		785,236
Less: unamortized loan fees	14,085		14,994
Total debt, net of unamortized loan fees	$	751,263	$	770,242
Current maturities of long-term debt, net of current unamortized loan fees	$	24,293	$	20,618
Long-term debt, less current maturities, net of unamortized loan fees	$	726,970	$	749,624

Financial covenants in credit agreements

As shown below, as of March 31, 2019, the Company was in compliance with the covenants in its credit agreement. 

	Actual		Covenant Requirement
Total leverage ratio	2.42		3.50 or Lower
Debt service coverage ratio	3.42		2.00 or Higher
Minimum liquidity balance (in millions)	$	144.6	$25.0 or Higher