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Debt (Tables)

12 Months Ended

Sep. 30, 2020

Schedule of Line of Credit Facilities [Table Text Block]

The following summarizes the Company’s outstanding borrowings under the Revolver and outstanding letters of credit as of September 30, 2020 and September 30, 2019, respectively.



	September 30, 2020		September 30, 2019
Borrowing availability under the Revolver	$	125,000	$	125,000
Outstanding borrowings under the Revolver	—		—
Outstanding letters of credit under the Revolver	12,963		12,956
Unused amounts under the Revolver	$	112,037	$	112,044

Additional letters of credit under a separate arrangement	$	52	$	204

The following summarizes the Company’s outstanding letters of credit and surety bonds as of September 30, 2020 and September 30, 2019, respectively.



	September 30, 2020		September 30, 2019
Revolving credit capacity	$	45,000	$	45,000
Letters of credit outstanding	12,963		12,956
Remaining revolving credit capacity	$	32,037	$	32,044

Surety capacity	$	230,000	$	220,000
Surety issuances	152,990		144,717
Remaining surety available	$	77,010	$	75,283

Schedule of Long-term Debt Instruments

Long‑term debt consists of the following:



	September 30, 2020			September 30, 2019
First Lien Term Loan, due December 20, 2024	$	819,276		$	928,753
Equipment Financing, due September 30, 2023 to July 5, 2029, interest rates ranging from 3.59% to 8.07%	63,918			45,960
Notes Payable, due July 31, 2023	611			807
Mortgage, due June 30, 2028	1,665			1,635
Total debt	$	885,470		$	977,155
Less unamortized discount and lender fees	(9,436		)	(12,138		)
Total net debt	$	876,034		$	965,017
Less current portion	(14,339		)	(13,418		)
Total long‑term debt	$	861,695		$	951,599

Schedule of Aggregate Maturities of Long-term Debt

Aggregate maturities of all long‑term debt, including current portion of long‑term debt and excluding finance lease obligations as of September 30, 2020, are presented below:



Year Ended September 30,
2021	$	16,451
2022	16,763
2023	17,043
2024	15,500
2025	788,844
Thereafter	30,869
Total	$	885,470

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details