Debt Obligations (Tables)

6 Months Ended

Jun. 30, 2021

Debt Obligations

Schedule of components of debt obligations

Debt obligations consist of the following (in thousands):

	June 30,		December 31,
	2021		2020
Revolving credit facility	$	15,000	$	70,000
Term loan		120,000		135,000
Notes to former owners		25,735		31,000
Total principal amount		160,735		236,000
Less—unamortized debt issuance costs		(228)		(267)
Total debt, net of unamortized debt issuance costs		160,507		235,733
Less—current portion		(4,235)		—
Total long-term portion of debt, net	$	156,272	$	235,733

Summary of additional margins

	Consolidated Total Indebtedness to
	Credit Facility Adjusted EBITDA
	Less than 1.00		1.00 to 1.75		1.75 to 2.50		2.50 or greater
Additional Per Annum Interest Margin Added Under:
Base Rate Loan Option	0.25	%	0.50	%	0.75	%	1.00	%
Eurodollar Rate Loan Option	1.25	%	1.50	%	1.75	%	2.00	%