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LONG-TERM DEBT (Tables) | 9 Months Ended
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Sep. 30, 2021
Debt Disclosure [Abstract] |
Schedule of Long-Term Debt | Long-term debt consisted of the following (in thousands):
| September 30, 2021 |  | December 31, 2020
| (unaudited) |  |
ABL Facility | $ | 54,100 |  |  | $ | 9,000 |
Term Loan 1 | 216,877 |  |  | 213,809 |
Total | 270,977 |  |  | 222,809 |
Convertible notes 1 | 86,859 |  |  | 84,534 |
Finance lease obligations | 5,792 |  |  | 5,153 |
Total debt and finance lease obligations | 363,628 |  |  | 312,496 |
Current portion of long-term debt and finance lease obligations | (663) |  |  | (337) |
Total long-term debt and finance lease obligations, less current portion | $ | 362,965 |  |  | $ | 312,159 |
_________________ 1 Comprised of principal amount outstanding, less unamortized discount and issuance costs.
Convertible Debt | As of September 30, 2021 and December 31, 2020, the Notes were recorded in our condensed consolidated balance sheets as follows (in thousands):
| September 30, 2021 |  | December 31, 2020
| (unaudited) |  |
Liability component: |  |  |
Principal | $ | 93,130 |  |  | $ | 93,130 |
Unamortized issuance costs | (1,051) |  |  | (1,440) |
Unamortized discount | (5,220) |  |  | (7,156) |
Net carrying amount of the liability component 1 | $ | 86,859 |  |  | $ | 84,534 |
Equity component: |  |  |
Carrying amount of the equity component, net of issuance costs 2 | $ | 7,969 |  |  | $ | 7,969 |
Carrying amount of the equity component, net of issuance costs 3 | $ | 37,276 |  |  | $ | 37,276 |
_________________ 1 Included in the “Long-term debt and finance lease obligations” line of the condensed consolidated balance sheets. 2 Relates to the portion of the Notes accounted for under ASC 470-20 and is included in the “Additional paid-in capital” line of the condensed consolidated balance sheets. 2 Relates to the portion of the Notes accounted for under ASC 815-15 and is included in the “Additional paid-in capital” line of the condensed consolidated balance sheets. The following table sets forth interest expense information related to the Notes (dollars in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
| (unaudited) |  | (unaudited) |  | (unaudited) |  | (unaudited)
Coupon interest | $ | 1,164 |  | $ | 2,875 |  | $ | 3,492 |  | $ | 8,625
Amortization of debt discount and issuance costs | 791 |  | 1,785 |  | 2,326 |  | 5,224
Total interest expense on Notes | $ | 1,955 |  | $ | 4,660 |  | $ | 5,818 |  | $ | 13,849
Effective interest rate | 9.12 | % |  | 9.12 | % |  | 9.12 | % |  | 9.12 | %

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- Definition Tabular disclosure of convertible debt instrument. Includes, but is not limited to, principal amount and amortized premium or discount. + References No definition available. + Details
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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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