Subsequent Event

3 Months Ended

Mar. 31, 2018

Subsequent Events [Abstract]

Subsequent Event

Subsequent Event

In May 2018, the Company reached an agreement in principle with its first lien lender, PNC Bank, National Association, to provide for up to an additional $20,500 of borrowing capacity under its existing New ABL Facility. When finalized, this contemplated additional borrowing capacity will be made available in part by way of a participation in the New ABL Facility by certain of the Company’s shareholders. The agreement to provide this additional borrowing capacity is subject to customary conditions to closing, including execution of acceptable documentation and approval, which the Company expects to occur during the second quarter of 2018.

The Company expects to pay an amendment fee of 0.25% on the $125,000 borrowing capacity of the New ABL Facility.