XML 46 R36.htm IDEA: XBRL DOCUMENT v3.23.2
Long-term Debt (Tables)
6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Long-term Debt

The Company’s long-term debt consists of the following:

 

June 30,

 

 

December 31,

 

 

2023

 

 

2022

 

Line of credit

$

292.4

 

 

$

219.5

 

Senior secured second lien notes

 

315.0

 

 

 

315.0

 

Unamortized debt issuance costs

 

(2.8

)

 

 

(2.8

)

Debt discount

 

(2.7

)

 

 

(3.0

)

Finance leases

 

26.6

 

 

 

19.6

 

Total debt and finance leases

 

628.5

 

 

 

548.3

 

Less: current maturities

 

(5.5

)

 

 

(4.2

)

Long-term debt and finance leases, net

$

623.0

 

 

$

544.1

 

Schedule of Present Value of Minimum Cash Payments The liabilities below include the present value of these minimum cash payments using a market participant discount rate and the current year change due to $0.3 million of imputed interest.

 

June 30,

 

 

December 31,

 

Location on Balance Sheet

2023

 

 

2022

 

Other current liabilities

$

(1.2

)

 

$

 

Other liabilities

 

(4.9

)

 

 

(5.8

)

Total

$

(6.1

)

 

$

(5.8

)