XML 37 R27.htm IDEA: XBRL DOCUMENT v3.23.1
Long - Term Debt (Tables)
3 Months Ended
Mar. 31, 2023
Debt Disclosure [Abstract]  
Summary of Long-term Debt Instruments

Long-term debt consists of the following:

 

 

March 31, 2023

 

 

December 31, 2022

 

Term loans

 

$

199,000

 

 

$

199,500

 

Delayed Draw loans

 

 

34,378

 

 

 

34,464

 

Total long-term debt

 

 

233,378

 

 

 

233,964

 

Less: Current portion of long-term debt

 

 

(2,345

)

 

 

(2,345

)

Less: Unamortized discount and debt issue costs (1)

 

 

(6,272

)

 

 

(6,540

)

Total Long-Term Debt, Net of Current Portion
   and Unamortized Discount and Debt Issue Costs

 

$

224,761

 

 

$

225,079

 

(1)
The unamortized debt issue costs related to long-term debt are presented as a reduction of the carrying amount of the corresponding liabilities on the unaudited consolidated balance sheets. Unamortized debt issue costs related to delayed draw term loan commitments and revolving loans are presented within other noncurrent assets on the unaudited consolidated balance sheets.
Summary of Interest Expense

Interest expense, net consists of the following:

 

 

Three Months Ended March 31,

 

 

 

2023

 

 

2022

 

Interest expense, net

 

$

5,092

 

 

$

3,441

 

Summary of Maturities of Long-term Debt

Future principal payments on long-term debt as of March 31, 2023 are as follows:

Year Ended December 31,

 

Amount

 

Remainder of 2023

 

$

1,759

 

2024

 

 

2,345

 

2025

 

 

2,345

 

2026

 

 

2,345

 

2027

 

 

2,345

 

Thereafter

 

 

222,239

 

Total

 

$

233,378