Annual report pursuant to Section 13 and 15(d)

Accrued Expenses and Other Current Liabilities and Other Long-Term Liabilities (Tables)

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Accrued Expenses and Other Current Liabilities and Other Long-Term Liabilities (Tables)
 12 Months Ended
Dec. 31, 2021
Payables and Accruals [Abstract]  
Schedule of Accrued Expense and Other Current Liabilities and Other Long-term Liabilities
Accrued expense and other current liabilities and Other long-term liabilities included the following (in thousands):
December 31,
2021 2020
Accrued Expenses and Other Current Liabilities
Accrued legal settlement(a)
$ 18,966  $ — 
State and local taxes payable 13,772  13,838 
Financed insurance premiums(b)
9,852  10,394 
Deferred revenue 3,250  8,281 
Accrued compensation and benefits 5,133  3,710 
Insurance reserves 1,413  1,941 
Payroll tax liability 2,810  1,816 
Financing leases 1,834  1,499 
Sale-leaseback liability(c)
3,340  1,290 
Other 2,146  1,639 
Total accrued expenses and other current liabilities $ 62,516  $ 44,408 
Other Long-Term Liabilities
Financing leases $ 4,375  4,618 
Sale-leaseback liability(c)
7,318  3,348 
Payroll tax liability —  1,977 
Other —  492 
Total other long-term liabilities $ 11,693  $ 10,435 
a.In June 2021, the Company reached an agreement to settle a certain legal matter. See Note 19 for additional detail.
b.Financed insurance premiums are due in monthly installments, are unsecured and mature within the twelve-month period following the close of the year. As of December 31, 2021, the applicable interest rates associated with financed insurance premiums ranged from 1.95% to 2.45%. As of December 31, 2020, the applicable interest rates associated with financed insurance premiums ranged from 3.45% to 3.75%.
c.On December 30, 2020, the Company entered into an agreement with First National Capital, LLC (“FNC”) whereby the Company agreed to sell certain assets from its infrastructure segment to FNC for aggregate proceeds of $5.0 million. Concurrent with the sale of assets, the Company entered into a 36 month lease agreement whereby the Company will lease back the assets at a monthly rental rate of $0.1 million. On June 1, 2021, the Company entered into another agreement with FNC whereby the Company sold additional assets from its infrastructure segment to FNC for aggregate proceeds of $9.5 million and entered into a 42 month lease agreement whereby the Company agreed to lease back the assets at a monthly rental rate of $0.2 million. Under the agreement, the Company has the option to purchase the assets at the end of the lease term. The Company recorded a liability for the proceeds received and will continue to depreciate the assets. The Company has imputed an interest rate so that the carrying amount of the financial liability will be the expected repurchase price at the end of the initial lease term.