Debt Obligations (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The following table sets forth the Company's outstanding debt obligations as of December 31, 2020 and 2019 (in thousands):

	Maturity	Interest	Rate		December 31, 2020		December 31, 2019
Senior Term Loan, related party, net (1)	December 31, 2023	LIBOR +	9.0	%	$	449,165	$	609,407
ABL Facility	September 30, 2023	3-month LIBOR +	4.0	%	79,238		104,985
Total debt obligations					$	528,403	$	714,392

(1)Net of debt issuance costs of $0.4 million and $0.6 million, as of December 31, 2020 and 2019, respectively.

Schedule of Debt Repurchase Based on Excess Cash Flow

Commencing with the fiscal quarter ending March 30, 2019, the Company is required to use its Excess Cash Flow (“ECF”) to repurchase debt based on the following:

First Lien Leverage Ratio	Repurchase amount of ECF %
> 1.50:1.00	100	%
<1.50:1.00 > and >1.00:1.00	75	%
<1.00:1.00	50	%

Schedule of Line of Credit Facilities

The terms of the ABL Facility require the MRA to decrease throughout the remaining periods, as follows (in thousands):

Period	Maximum Revolver Amount
January 1, 2019 through December 31, 2019	$	225,000
January 1, 2020 through June 30, 2020	200,000
July 1, 2020 through December 31, 2020	175,000
January 1, 2021 through June 30, 2021	150,000
July 1, 2021 through December 31, 2021	125,000
January 1, 2022 and thereafter	100,000

Schedule of Other Financing Obligations

The following table sets forth the components of the Company's total leaseback obligations as of December 31, 2020 and 2019 (in thousands):

	December 31, 2020		December 31, 2019
Non-cash residual value of Tucker, Georgia lease	$	54,676	$	54,676
Future maturities associated with the Tucker, Georgia failed sale-leaseback liability	862		1,441
Total leaseback obligations	$	55,538	$	56,117

Schedule of Maturities of Long-term Debt

The following table sets forth future cash commitments associated with the Company's term loan, line of credit, and leaseback obligations (in thousands):

	Debt Obligations
2021	$	740
2022	$	122
2023	528,403
Total future cash commitments	$	529,265