XML 53 R39.htm IDEA: XBRL DOCUMENT v3.22.4
Debt (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The Company’s debt as of December 31, consisted of the following (in thousands):
20222021
Senior Secured Credit Facility (as amended):
Revolving credit facility$121,000 $— 
Term Loan328,125 350,000 
Delayed Draw Term Loan (DDTL)96,250 — 
Total debt545,375 350,000 
Add: Remaining premium on interest rate caplets financed as debt3,025 — 
Less: Debt issuance costs(6,368)(8,478)
Total debt, net of debt issuance costs542,032 341,522 
Less: Current maturities(23,466)(17,500)
Total debt, net of current maturities$518,566 $324,022 
Schedule of Maturities of Long-term Debt
The principal maturities of long-term debt as of December 31, 2022 are as follows (in thousands):
Year ending December 31:
2023$23,466 
202423,466 
202523,466 
2026474,977 
Total debt$545,375 
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
The carrying value and estimated fair value the Company's debt at December 31, was as follows (in thousands):
20222021
Carrying value$545,375 $350,000 
Estimated fair value522,693 331,122