LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2020

LONG-TERM DEBT.

Schedule of long term debt

Long-term debt consists of the following at December 31 (in millions):

	2020		2019
Line of credit	$	—	$	1.7
Term loan facility		483.5		488.5
Equipment and real estate term loans		164.9		188.4
Finance leases		31.3		25.5
		679.7		704.1
Less current portion		(54.0)		(59.4)
Less unamortized deferred financing costs		(7.1)		(11.4)
Long-term portion	$	618.6	$	633.3

Schedule of adjustment for margin of line of credit and senior term loan corresponding to RLOC Utilization

RLOC Utilization	Base Rate Margins		LIBOR Rate Margins
Less than 33.3%	0.50	%	1.50	%
Greater than or equal to 33.3%, but less than 66.6%	0.75	%	1.75	%
Greater than or equal to 66.6%	1.00	%	2.00	%

Future principal payments on long-term debt

Future principal payments on long-term debt (excluding future payments on finance leases which are disclosed in Note 2) are as follows (in millions):

Year ending December 31,	Term Loan Facility		Equipment and Real Estate Loans		Total
2021	$	5.0	$	40.6	$	45.6
2022		5.0		38.7		43.7
2023		5.0		37.8		42.8
2024		468.5		26.9		495.4
2025		—		15.2		15.2
Thereafter		—		5.7		5.7
Total long-term debt	$	483.5	$	164.9	$	648.4