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INDEBTEDNESS (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Summary of Debt
Long-term debt consisted of the following as of December 31, 2022 (in thousands):
Principal AmountDiscountDebt Issuance CostsNet Balance
ABL Facility$— $— $— $— 
First Lien Term Loan594,000 (8,307)(11,529)574,164 
Senior Notes500,000 — (9,960)490,040 
$1,094,000 $(8,307)$(21,489)1,064,204 
Less: current portion(6,000)
Total long-term debt$1,058,204 
Long-term debt consisted of the following as of December 31, 2021 (in thousands):
Principal AmountDiscountDebt Issuance CostsNet Balance
ABL Facility$— $— $— $— 
First Lien Term Loan600,000 (9,605)(13,331)577,064 
Senior Notes500,000 — (11,164)488,836 
$1,100,000 $(9,605)$(24,495)1,065,900 
Less: current portion(6,000)
Total long-term debt$1,059,900 
Schedule of Long-term Debt Maturities
Long-term debt matures as follows (in thousands):
Fiscal Year Ended December 31,Minimum Payments
2023$6,000 
20246,000 
20256,000 
20266,000 
20276,000 
2028 and beyond1,064,000 
Total$1,094,000 
Schedule of Estimated Fair Values of Debt Obligations The following table presents the estimated fair values of the Company’s debt obligations as of December 31, 2022 (in thousands):
Financial InstrumentCarrying Value as of December 31, 2022Markets for Identical Item (Level 1)Significant Other Observable Inputs (Level 2)Significant Unobservable Inputs (Level 3)
First Lien Term Loan$574,164 $— $588,832 $— 
Senior Notes490,040 — 437,500 — 
Total debt instruments$1,064,204 $— $1,026,332 $—