XML 55 R41.htm IDEA: XBRL DOCUMENT v3.20.4
LONG-TERM DEBT - Other (Details) - USD ($)
$ in Thousands
1 Months Ended 12 Months Ended
Apr. 20, 2020
Jan. 31, 2019
Feb. 15, 2015
Jul. 31, 2019
Apr. 30, 2019
Dec. 31, 2020
Dec. 31, 2019
Oct. 31, 2020
Oct. 31, 2019
Debt Instruments                  
Long-term debt           $ 88,143 $ 89,514    
Weighted average interest rate           2.12%      
Proceeds from obligation under finance lease           $ 0 12,795    
Tractors                  
Debt Instruments                  
Proceeds from obligation under finance lease       $ 2,300 $ 10,500        
Finance lease contract term       5 years 5 years        
Initial monthly payment in sale-leaseback transaction       $ 30 $ 100        
Percentage of original cost at which Company has option to purchase at end of lease         32.50%        
Sale-leaseback finance obligations                  
Debt Instruments                  
Long-term debt           9,913 11,783    
Revolving credit agreement                  
Debt Instruments                  
Long-term debt $ 170,000 $ 225,000 $ 170,000     73,025 $ 73,225    
Maximum increase available subject to lender approval 75,000                
Excercisable, incremental borrowing capacity $ 20,000                
Term of debt instrument 5 years 5 years 5 years            
Increase (decrease) in borrowing capacity $ 55,000                
Fixed charge coverage ratio 1.0                
Commitment fee percentage 0.25%                
Borrowing based threshold, eligible noninvestment grade accounts (as a percent) 85.00%                
Borrowing based threshold for eligible unbilled accounts receivable (as a percent) 85.00%                
Borrowing base before additions of eligible revenue equipment $ 10,000                
Newly acquired revenue equipment (as a percent) 85.00%                
Eligible revenue equipment (as a percent) 85.00%                
Percentage of maximum revolver amount 10.00%                
Minimum excess availability percentage of maximum revolver amount 20.00%                
Remaining borrowing capacity           56,200      
Letter of credit outstanding           7,900      
Revolving credit agreement | Minimum                  
Debt Instruments                  
Borrowing based threshold eligible investment grade accounts receivable (as a percent) 85.00%                
Revolving credit agreement | Maximum                  
Debt Instruments                  
Borrowing based threshold eligible investment grade accounts receivable (as a percent) 90.00%                
Swingline sub-facility                  
Debt Instruments                  
Long-term debt $ 25,000                
Swingline sub-facility | Overnight Borrowings                  
Debt Instruments                  
Long-term line of credit           $ 100      
Letter of credit sub-facility                  
Debt Instruments                  
Long-term debt $ 15,000                
Base Rate | Revolving credit agreement | Minimum                  
Debt Instruments                  
Basis spread on variable rate (as a percent) 0.25%                
Base Rate | Revolving credit agreement | Maximum                  
Debt Instruments                  
Basis spread on variable rate (as a percent) 0.75%                
London Interbank Offered Rate (LIBOR) | Revolving credit agreement | Minimum                  
Debt Instruments                  
Basis spread on variable rate (as a percent) 1.25%                
London Interbank Offered Rate (LIBOR) | Revolving credit agreement | Maximum                  
Debt Instruments                  
Basis spread on variable rate (as a percent) 1.75%                
Insurance Premiums Financing Note                  
Debt Instruments                  
Accrued Premium Insurance Payable               $ 5,100 $ 4,500