Bank Debt (Tables)

9 Months Ended

Sep. 30, 2016

Bank Debt [Abstract]

Amended Credit Facility Maximum Leverage Ratio

The amended credit facility increased the maximum leverage ratio (total funded debt/ trailing 12 months EBITDA) from 2.75X to those listed below:

Fiscal Periods Ended/Ending	Ratio
September 30, 2016 through March 31, 2017	4.50X
June 30, 2017 through March 31, 2018	4.25X
June 30, 2018 and September 30, 2018	4.00X
December 31, 2018	3.75X
March 31, 2019 and June 30, 2019	3.50X

Schedule of Debt

Debt less debt issuance cost at September 30, and December 31, are presented below (in thousands):

		2016			2015
Current debt	$	28,438		$	26,250
Less debt issuance cost		(1,829	)		(1,394	)
Net current portion	$	26,609		$	24,856
Long-term debt	$	209,542		$	223,220
Less debt issuance cost		(3,505	)		(3,718	)
Net long-term portion	$	206,037		$	219,502