Quarterly report pursuant to Section 13 or 15(d)

Cash, Cash Equivalents and Restricted Cash

v3.21.1
Cash, Cash Equivalents and Restricted Cash
3 Months Ended
Mar. 31, 2021
Cash and Cash Equivalents [Abstract]  
Cash, Cash Equivalents and Restricted Cash Cash, Cash Equivalents and Restricted Cash
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the condensed consolidated balance sheets that sum to the amounts shown in the condensed consolidated statements of cash flows:
(in thousands) March 31, 2021 December 31, 2020
Cash and cash equivalents $ 4,889  $ 1,902 
Restricted cash 15,513  8,083 
Total cash, cash equivalents and restricted cash $ 20,402  $ 9,985 
The Company’s restricted cash consisted of net advances made to the administrative agent under our asset-based revolving credit facility. See Note 4. Indebtedness and Borrowing Facility, for further discussion of the credit facility. The Company’s restricted cash is classified as current assets in the condensed consolidated balance sheets.