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Debt (Tables) | 3 Months Ended
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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 |

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- Definition Tabular disclosure of long-lived, depreciable assets that are subject to a lease meeting the criteria for capitalization and are used in the normal conduct of business to produce goods and services. Examples may include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121616839&loc=d3e45280-112737 + Details
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