Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.20.2
Debt (Tables)
9 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Schedule of Long-term Debt

Long-term debt as of September 30, 2020 and December 31, 2019 consisted of the following (in thousands):

 

 

 

September 30, 2020

 

 

December 31, 2019

 

Senior Secured Term Loan

 

$

247,500

 

 

$

250,000

 

ABL Credit Facility

 

 

14,939

 

 

 

40,090

 

PPP Loan

 

 

10,000

 

 

 

-

 

Equipment financing

 

 

13,716

 

 

 

16,065

 

Capital leases

 

 

6,201

 

 

 

10,474

 

Total debt principal balance

 

 

292,356

 

 

 

316,629

 

Unamortized discount on debt and debt issuance costs

 

 

(21,608

)

 

 

(9,449

)

Current maturities

 

 

(9,674

)

 

 

(22,288

)

Net Long-term debt

 

$

261,074

 

 

$

284,892

 

Schedule of Repayment Requirements of Long-term Debt

Presented in the following table is a schedule of the repayment requirements of long-term debt as of September 30, 2020 (in thousands):

 

 

 

Principal Amount

 

 

 

of Long-term Debt

 

Remainder of 2020

 

$

7,052

 

2021

 

 

3,519

 

2022

 

 

7,462

 

2023

 

 

8,930

 

2024

 

 

6,705

 

Thereafter

 

 

258,688

 

Total

 

$

292,356