XML 54 R41.htm IDEA: XBRL DOCUMENT v3.19.1
Short-term and long-term debt - Additional Information (Detail) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Aug. 14, 2018
Oct. 10, 2017
Nov. 30, 2018
Mar. 31, 2020
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2019
Dec. 31, 2018
Capital leased assets gross             $ 50,000                
Interest rate description under PNC facility     The Second Revolver Amendment also increases the applicable interest rate margin to 3% for Eurodollar Rate Loans (as defined in the PNC Facility) and 2% for Domestic Rate Loans (as defined in the PNC Facility) through September 30, 2019, with applicable margins thereafter of between 2.5% and 3% for Eurodollar Rate Loans and 1.5% and 2% for Domestic Rate Loans based on the applicable fixed charge coverage ratio.                        
Debt Instrument, Payment Terms     the Third Amendment requires a further repayment of principal on or before November 14, 2019 in an amount equal to (x) 100% of Excess Cash Flow (as defined in the Term Loan Facility) for the four fiscal quarter period ending September 30, 2019 if after giving effect to the payment thereof, the Borrowers have minimum aggregate Undrawn Availability (as defined in the Term Loan Facility) of at least $35,000,000, (y) 50% of Excess Cash Flow for the four fiscal quarter period ending September 30, 2019 if after giving effect to the payment thereof, the Borrowers have minimum aggregate Undrawn Availability of at least $15,000,000 but less than $35,000,000, and (z) 0% of Excess Cash Flow for the four fiscal quarter period ending September 30, 2019 if after giving effect to the payment thereof, the Borrowers have minimum aggregate Undrawn Availability less than $15,000,000, with any such payment subject to reduction by the amount of any voluntary prepayments made following the date of the Third Amendment.                        
Line of Credit Facility, Remaining Borrowing Capacity     $ 28,000,000       36,100,000                
Earnings Before Interest , Tax ,Depreciation And Amortization             $ 9,270,000 $ 9,428,000 $ 9,240,000            
Ratios Of Indebtedness To Net Capital Requirement             4.75 to 1.00                
Ratios Of Indebtedness To Net Capital       4:75:1.00     12.95:1.00     8.25:1.00 10.15:1.00 6.40:1.00 12.45:1.00 5:70:1.00 12.75:1.00
Deferred Tax Liabilities, Deferred Expense, Debt Issuance Costs     250,000                        
Debt Instrument, Fee Amount     250,000                        
Line of Credit Facility, Periodic Payment, Principal     $ 525,000                        
Line of Credit Facility, Commitment Fee Description     The Third Amendment also amended the exit fee payable to the term loan lenders to five percent (5.00%) of the outstanding principal balance of the term loans on November 30, 2018 (the “Exit Fee”), which Exit Fee shall be payable in full in cash upon the earlier to occur of (x) repayment in full of the term loans, or (y) any acceleration of the term loans. The Exit Fee will be reduced by one-tenth of one percent (0.10%) for every $1,000,000 in voluntary prepayments made prior to January 1, 2020; provided, that, in no event shall the Exit Fee be reduced below three percent (3.00%) as a result of any such prepayments, (ii) payment of the Exit Fee shall be waived in the event that repayment in full of the term loans occurs prior to January 1, 2020, and (iii) the Exit Fee shall be reduced by an amount equal to fifty percent (50%) of the amount that would otherwise payable in the event that repayment in full occurs on or after January 1, 2020 but prior to March 31, 2020.                        
Scenario, Forecast [Member]                              
Earnings Before Interest , Tax ,Depreciation And Amortization           $ 14,195,000                  
Second Amendment [Member]                              
Differed Financing Cost     $ 1,000,000                        
FCCR [Member]                              
Fixed Charge Coverage Ratio Requirement             1.00 to 1.00                
FCCR [Member] | Scenario, Forecast [Member]                              
Fixed Charges Coverage Ratio         1.00:1.00                    
TLR [Member]                              
Ratios Of Indebtedness To Net Capital             12.47 to 1               11.82 to 1
Vehicle and Equipment Loans | Minimum                              
Credit facility effective rate of interest             0.00%                
Vehicle and Equipment Loans | Maximum                              
Credit facility effective rate of interest             8.30%                
Term Loan                              
Line of Credit Facility, Maximum Borrowing Capacity   $ 25,000,000                          
Interest rate description under PNC facility             Interest charges with respect to loans were initially computed on the actual principal amount of loans outstanding during the month at a rate per annum equal to (A) with respect to domestic rate loans, the sum of (i) a rate per annum equal to the higher of (1) the base commercial lending rate of PNC, (2) the federal funds open rate plus 0.5% and (3) the daily LIBOR plus 1.0%, plus (ii) between 0.50% and 1.00% depending on average quarterly undrawn availability and (B) with respect to Eurodollar rate loans, the sum of the Eurodollar rate plus between 1.50% and 2.00% depending on average quarterly undrawn availability.                
Debt Instrument, Face Amount   $ 105,000,000                          
Debt Instrument, Payment Terms   Principal payments on the Term Loans are required on a quarterly basis, commencing with the quarter ended March 31, 2018, in the amount of 1% per annum of the original principal of the outstanding Term Loans. Commencing with the fiscal year ending December 31, 2018, the Term Loan Facility also requires annual principal payments of up to 50% of Excess Cash Flow (as defined in the Term Loan Facility) if the Company’s Total Leverage Ratio (as defined in the Term Loan Facility) for the applicable year is greater than 2.75 to 1.00. The Term Loan Facility also requires mandatory prepayments of the Term Loans in the event of certain asset dispositions, debt issuances, and casualty and condemnation events. The Term Loans may be prepaid at the option of the Borrowers at par in an amount up to $30 million. Additional prepayments are permitted after the first anniversary of the closing date and were originally subject to a prepayment premium of 3% in year two, 1% in year three and zero in year four and thereafter.                          
Term Loan | Second Amendment [Member]                              
Debt Instrument Amendment New Covenant Description (the “Second Amendment”) with U.S. Bank National Association, as collateral agent and administrative agent, and the various lenders thereunder. The Second Amendment superseded interim waivers and amended the Term Loan Facility, to waive compliance with the existing TLR covenant at June 30, 2018.                            
Debt Instrument, Covenant Compliance (i) increases the interest rate by 300 basis points effective July 1, 2018; (ii) waives the existing prepayment premium in the Term Loan Facility in the event the term loan is repaid in full prior to March 31, 2020; (iii) adds an exit fee equal to three percent (3.00%) of the outstanding principal balance of the term loans on the date of the Second Amendment (provided, that payment of the exit fee is waived in the event that the term loan is repaid in full prior to January 1, 2020, and provided further that the exit fee is reduced to one-and-one-half percent (1.50%) in the event that the term loan is repaid in full on or after January 1, 2020 but prior to March 31, 2020); (iv) restricted acquisitions and other equity investments prior to September 30, 2018; and (v) required payment of a one-time waiver fee equal to one percent (1.00%) of the outstanding term loans.                            
Term Loan | Eurodollar                              
Debt Instrument, Basis Spread on Variable Rate   7.25%                          
Debt Instrument, Interest Rate, Stated Percentage   3.00%                          
PNC Bank [Member]                              
Line of Credit Facility, Maximum Borrowing Capacity   $ 150,000,000                          
Letters of Credit Outstanding, Amount             $ 130,000                
Debt Instrument, Face Amount             $ 31,000,000                
PNC Bank [Member] | Letter of Credit [Member]                              
Line of Credit Facility, Maximum Borrowing Capacity   5,000,000                          
PNC Bank [Member] | Swing Line Loan [Member]                              
Line of Credit Facility, Maximum Borrowing Capacity   $ 15,000,000                          
Busey Bank                              
Line of Credit Facility, Expiration Period             60 months