LONG-TERM OBLIGATIONS LONG-TERM OBLIGATIONS (Tables)

9 Months Ended

Sep. 30, 2020

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

Long-term debt consists of the following for the periods indicated (amounts in millions):

	September 30, 2020		December 31, 2019
$175.0 million Term Loan; interest rate at Base Rate plus Applicable Rate or Eurodollar Rate plus Applicable Rate (1.7% at September 30, 2020); due February 4, 2024	$	166.3	$	171.7
$550.0 million Revolving Credit Facility; interest only payments; interest rate at Base Rate plus Applicable Rate or Eurodollar Rate plus Applicable Rate (1.7% at September 30, 2020); due February 4, 2024	145.0		70.0
Promissory notes	0.2		0.6
Finance leases	2.7		3.4
Principal amount of long-term obligations	314.2		245.7
Deferred debt issuance costs	(2.9)		(3.5)
	311.3		242.2
Current portion of long-term obligations	(10.7)		(9.9)
Total	$	300.6	$	232.3

Schedule of Commitment Fee Under Credit Facilities

We are also subject to a commitment fee and letter of credit fee under the terms of the Amended Credit Agreement, as presented in the table below.

Pricing Tier	Consolidated Leverage Ratio	Commitment Fee	Letter of Credit Fee	Eurodollar Rate Loans	Base Rate Loans
I	≥ 3.00 to 1.0	0.35%	1.75%	2.00%	1.00%
II	< 3.00 to 1.0 but ≥ 2.00 to 1.0	0.30%	1.50%	1.75%	0.75%
III	< 2.00 to 1.0 but ≥ 0.75 to 1.0	0.25%	1.25%	1.50%	0.50%
IV	< 0.75 to 1.0	0.20%	1.00%	1.25%	0.25%