DEBT (Tables)

12 Months Ended

Dec. 31, 2022


		As of December 31, 2022		As of December 31, 2021
(In thousands)	Maturity Date	(Successor)		(Predecessor)
2022 Term Loan	July 2026	$	170,652	$	—
2022 Revolving Credit Facility	July 2026	14,117		—
Predecessor 2021 Term Loan	March 2026	—		109,175
Predecessor 2021 Revolving Credit Facility	March 2026	—		15,000
Predecessor 2018 Term Loan	December 2023	—		—
Predecessor 2018 Revolving Credit Facility	December 2023	—		—
Predecessor PPP Loan	May 2022	—		—
Unamortized debt issuance costs		(5,445)		(5,310)
Net carrying amount		$	179,324	$	118,865
Less: Current portion of long-term debt		(20,095)		(15,442)
Total long-term portion		$	159,229	$	103,423

Schedule of Maturities of Long-Term Debt

Scheduled maturities under the Company’s 2022 Credit Agreement as of December 31, 2022 (Successor Period) are as follows :

(In thousands)


Year ending December 31,
2023	$	22,490
2024	7,963
2025	11,264
2026	143,052
2027	—
Total unpaid principal	$	184,769

- 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.

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+ Details