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Bank Debt (Tables)
12 Months Ended
Dec. 31, 2017
Bank Debt [Abstract]  
Amended Credit Facility Maximum Leverage Ratio





 

 



 

 

Fiscal Periods Ending

 

Ratio

December 31, 2017 and 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

Our debt at December 31 is presented below (in thousands):







 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

2017

 

 

 

2016

 

Current debt

$

35,000 

 

 

$

30,625 

 

Less debt issuance cost

 

(1,829)

 

 

 

(1,829)

 

Net current portion

$

33,171 

 

 

$

28,796 

 



 

 

 

 

 

 

 

Long-term debt

$

166,992 

 

 

$

207,992 

 

Less debt issuance cost

 

(1,219)

 

 

 

(3,048)

 

Net long-term portion

$

165,773 

 

 

$

204,944 

 



 

 

 

 

 

 

 



Schedule of Future Maturities



 

 

 

 

 

 

 



 

 

 

 

 

 

 



 

 

 

 

 

 

 

Future Maturities (in thousands):

 

 

 

 

 

 

 

2018

 

 

 

 

$

35,000 

 

2019

 

 

 

 

 

166,992 

 

Total

 

 

 

 

$

201,992