Debt (Tables)

12 Months Ended

Dec. 31, 2019

Debt Disclosure [Abstract]

Schedule of Debt

The components of our borrowings are as follows:

In thousands	December 31, 2019		December 31, 2018
Credit facility
USD denominated term loan	$	550,156	$	637,813
Multicurrency revolving line of credit	—		—
Senior notes	400,000		400,000
Total debt	950,156		1,037,813
Less: current portion of debt (1)	—		28,438
Less: unamortized prepaid debt fees - term loan	3,661		4,859
Less: unamortized prepaid debt fees - senior notes	14,013		16,331
Long-term debt, net	$	932,482	$	988,185

⁽¹⁾During 2019 we made debt prepayments on the term loan in excess of required principal payments, reducing the current portion of debt to zero at December 31, 2019.

Schedule of Maturities of Long-term Debt

The amount of required minimum principal payments on our long-term debt in aggregate over the next five years, are as follows:

Year Ending December 31,	Minimum Payments
In thousands
2020	$	—
2021	32,422
2022	44,063
2023	44,063
2024	429,608
Thereafter	400,000
Total minimum payments on debt	$	950,156