Long-Term Debt, Net, and Other Borrowings (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Schedule of maturities of principal obligations

As of December 31, 2020, the Company’s maturities of principal obligations under its long-term debt and other borrowings are as follows:

(in thousands)	Amount
2021	$	20,452
2022	26,296
2023	22,055
2024	148,750
Total principal outstanding	217,553
Unamortized debt premium, net	954
Unamortized debt issuance costs	(602)
Finance lease liabilities	495
Total	218,400
Less: current portion	(20,701)
Total long-term debt, net, and other borrowings	$	197,699

Schedule of total net leverage ratio

2020 Amended Credit Agreement

Period	Total Net Leverage Ratio
Q1 2021	5.50 to 1.00
Q2 2021	3.75 to 1.00
Thereafter	3.50 to 1.00
Period	Interest Coverage Ratio
Q4 2020 to Q1 2021	2.00 to 1.00
Thereafter	3.00 to 1.00