Debt Arrangements (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Net Carrying Amount of Debt

The Company’s net carrying amount of debt is comprised of the following:

	December 31, 2020			December 31, 2019
Senior Secured Notes	$	317,856		$	338,130
Variable Funding Note, net of original issue discount		100,000			99,610
Senior Secured Term Loan, net of original issue discount		94,755			162,418
5.75% Convertible Notes (1)		50,868			47,277
Payroll Protection Program Loan		1,307			—
Unamortized debt issuance costs		(385	)		(1,714	)
Total debt		564,401			645,721
Less current maturities		28,433			61,976
Total long-term debt	$	535,968		$	583,745

⁽¹⁾ Reflects the debt carrying amount, which is accounted for under the Fair Value Option in the consolidated balance sheet as of December 31, 2020 and December 31, 2019.  The actual principal outstanding balance of the 5.75% Convertible Notes is $94.4 million and $94.4 million as of December 31, 2020 and December 31, 2019, respectively.

Company's Debt Maturities on Calendar Year Basis

As of December 31, 2020, the Company’s debt maturities on a calendar year basis are as follows:

	Total		2021		2022		2023		2024		2025		Thereafter
Senior Secured Notes	$	317,856	$	3,451	$	—	$	—	$	—	$	—	$	314,405
Variable Funding Notes	$	100,000		4,914		7,031		7,031		7,031		7,031		66,962
Senior Secured Term Loan (1)	$	94,755		19,284		75,471		—		—		—		—
5.75% Convertible Notes (2)	$	50,868		—		—		50,868		—		—		—
Payroll Protection Program Loan (3)	$	1,307		784		523		—		—		—		—
Total	$	564,786	$	28,433	$	83,025	$	57,899	$	7,031	$	7,031	$	381,367

⁽¹⁾ Reflects the net debt carrying amount, effected by the outstanding balance of the original issue discount, in the consolidated balance sheet as of December 31, 2020.  The actual principal outstanding balance of the Senior Secured Term Loan is $99.9 million as of December 31, 2020.

⁽²⁾ Reflects the debt carrying amount which is accounted for under the Fair Value Option in the consolidated balance sheet as of December 31, 2020.  The actual principal outstanding balance of the 5.75% Convertible Notes is $94.4 million as of December 31, 2020.

⁽³⁾ The Payroll Protection Program Loan and related accrued interest are eligible for forgiveness, in whole or in part based on the usage of the proceeds. The Company intends to submit an application for the loan to be forgiven in conformity with the loan’s terms. The Company believes it qualifies for such forgiveness. However, there is no assurance the Company will be successful in obtaining approval from the U.S. Small Business Administration.