Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2024

Long-term debt consists of the following:


	September 30, 2024		December 31, 2023

Revolving Loans; 6.3% and 6.8% interest rate at September 30, 2024 and December 31, 2023, respectively	$	40,000	$	40,000
Various finance leases; weighted average interest rate of 5.9% and 5.5% at September 30, 2024 and December 31, 2023, respectively; principal and interest payable monthly through November 2029	19,148		22,236

	59,148		62,236
Less current portion	(6,976)		(8,870)
	$	52,172	$	53,366

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details