Debt (Tables)

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Schedule of Debt

Debt consisted of the following:

	March 31,			December 31,
	2021			2020
Term loan facility	$	173,359		$	173,906
Capital leases		3,348			3,088
Equipment line of credit		2,803			3,018
Less deferred debt issuance costs		(3,871	)		(4,108	)
Total debt		175,639			175,904
Less current portion of long-term debt		(6,214	)		(5,583	)
Long-term debt, less current portion	$	169,425		$	170,321

Schedule of Applicable Percentages

The applicable margin means a percentage per annum determined in accordance with the following table:

Pricing Tier	Consolidated Leverage Ratio	Commitment Fee			Eurodollar Rate Loans and LIBOR Letter of Credit Fee			Daily Floating Rate Loans			Rate Loans
1	> 3.75 to 1.0		0.50	%		4.00	%		4.00	%		3.00	%
2	≤ 3.75 to 1.0 but > 3.00 to 1.0		0.50			3.50			3.50			2.50
3	≤ 3.00 to 1.0 but > 2.25 to 1.0		0.40			3.00			3.00			2.00
4	< 2.25 to 1.0		0.30			2.50			2.50			1.50

Schedule of Capital Leases Mature by 2025

All capital leases (including those purchased through the Company’s equipment line of credit) mature by 2025 as follows:

March 31,	Payments		Interest		Principal
2022	$	2,727	$	341	$	2,386
2023		2,203		227		1,976
2024		1,403		98		1,305
2025		507		23		484
Total	$	6,840	$	689	$	6,151

Schedule of Aggregate Annual Maturities of Long-Term Debt

The following is a schedule of the aggregate annual maturities of long-term debt presented on the unaudited condensed consolidated statement of financial position, based on the terms of the 2020 Credit Facility, capital lease obligations and equipment line of credit:

March 31,
2022	$	6,214
2023		7,992
2024		7,868
2025		7,047
2026		150,389
Total	$	179,510