XML 32 R18.htm IDEA: XBRL DOCUMENT

Interest Rate Swap	12 Months Ended
Dec. 31, 2022
Interest Rate Cash Flow Hedges [Abstract]
Interest Rate Swap	11. Interest Rate Swap In May 2020, the Company entered into a pay-fixed, receive-floating interest rate swap (the “Swap”) to mitigate variability in forecasted interest payments on an amortizing notional of $550,000 of the Company’s variable-rate First Lien Term Loan. The Company designated the Swap as a cash flow hedge. In October 2022, this interest rate swap expired and the Company did not enter into a new one. As of December 31, 2021, the fair value of the Swap was reported as a debit balance of $268 and was included in prepaid and other current assets in the accompanying consolidated balance sheets. For the years ended December 31, 2022 and 2021, amounts reported in other comprehensive income (loss) in the accompanying consolidated statements of operations and comprehensive income (loss) are net of tax of $0 and $449, respectively.

Interest Rate Swap

12 Months Ended

Dec. 31, 2022

Interest Rate Cash Flow Hedges [Abstract]

11. Interest Rate Swap

In May 2020, the Company entered into a pay-fixed, receive-floating interest rate swap (the “Swap”) to mitigate variability in forecasted interest payments on an amortizing notional of $550,000 of the Company’s variable-rate First Lien Term Loan. The Company designated the Swap as a cash flow hedge. In October 2022, this interest rate swap expired and the Company did not enter into a new one.

As of December 31, 2021, the fair value of the Swap was reported as a debit balance of $268 and was included in prepaid and other current assets in the accompanying consolidated balance sheets.

For the years ended December 31, 2022 and 2021, amounts reported in other comprehensive income (loss) in the accompanying consolidated statements of operations and comprehensive income (loss) are net of tax of $0 and $449, respectively.