Debt (Tables)

12 Months Ended

Dec. 31, 2020

Debt Disclosure [Abstract]

Schedule of Long-term Debt

Long-term debt consists of the following obligations:

(in thousands)	December 31, 2020		December 31, 2019
2019 Revolving Credit Facility	$	—	$	—
2019 Refinancing Term Loan – term loan payable in quarterly installments of principal, (commencing in September 2020) plus interest through April 2022	39,000		41,000
2019 Refinancing Term Loan embedded derivative	—		—
Finance leases – collateralized by vehicles, payable in monthly installments of principal, plus interest ranging from 4.80% to 6.45% through 2025	6,459		6,585
Total debt	$	45,459	$	47,585
Less - Current portion of long-term debt	(6,536)		(4,425)
Less - Unamortized discount and debt issuance costs	(2,410)		(4,292)
Long-term debt	$	36,513	$	38,868

Schedule of Maturities of Long-term Debt and Finance Leases

Maturities of long-term debt and finance leases at December 31, 2020 are as follows:

(in thousands)	Year ending December 31
2021	$	6,536
2022	37,158
2023	1,263
2024	498
2025	4
Total	$	45,459

Schedule of Additional Margin and Fees Payable

The following is a summary of the additional margin and commitment fees payable on the prior revolving credit commitment:

Level	Senior Leverage Ratio	Additional Margin for Base Rate loans		Additional Margin for Libor Rate loans		Commitment Fee
I	Greater than or equal to 2.50 to 1.00	3.00	%	4.00	%	0.50	%
II	Less than 2.50 to 1.00, but greater than or equal to 2.00 to 1.00	2.75	%	3.75	%	0.50	%
III	Less than 2.00 to 1.00, but greater than or equal to 1.50 to 1.00	2.50	%	3.50	%	0.50	%
IV	Less than 1.50 to 1.00	2.25	%	3.25	%	0.50	%