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Debt (Tables)
12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Consolidated Debt Obligations

Our consolidated debt obligations consisted of the following at the dates indicated:

 

 

December 31,

 

 

December 31,

 

 

2020

 

 

2019

 

 

(In thousands)

 

Revolving Credit Facility (1)

$

255,000

 

 

$

285,000

 

Paycheck Protection Program loan

 

5,516

 

 

 

 

Total long-term debt

$

260,516

 

 

$

285,000

 

 

 

(1)

The carrying amount of our Revolving Credit Facility approximates fair value because the interest rates are variable and reflective of market rates.

Summary of Weighted-Average Interest Rates Paid on Variable-Rate Debt Obligations

The following table presents the weighted-average interest rates paid on variable-rate debt obligations for the periods presented:

 

 

For the Year Ended

 

 

December 31,

 

 

2020

 

 

2019

 

Revolving Credit Facility

3.63%

 

 

4.76%