Schedule of Notes Payable, Bank Overdrafts and Long-term Debt |
Short-term borrowings, bank overdrafts and long-term debt consisted of the following: | | | | | | | | | | | | | December 31, 2023 | | December 31, 2022 | | | | | | (U.S. Dollars in thousands) | Revolving Credit Facility | $ | 89,750 | | | $ | 183,909 | | Term Loan A and Term Loan B | 810,975 | | | 823,875 | | Vessel financing loans | 74,774 | | | 89,479 | | Other long-term financing arrangements | 34,895 | | | 41,483 | | Other revolving credit facilities, at a weighted average interest rate of 6.5% as of December 31, 2023 (4.8% as of December 31, 2022) | 38,770 | | | 73,999 | | Bank overdrafts | 11,488 | | | 8,623 | | Finance lease obligations, at a weighted average interest rate of 4.2% as of December 31, 2023 (3.7% as of December 31, 2022) | 33,184 | | | 29,885 | | Total debt, gross | 1,093,836 | | | 1,251,253 | | Unamortized debt discounts and debt issuance costs | (14,395) | | | (17,874) | | Total debt, net | 1,079,441 | | | 1,233,379 | | Current maturities, net of unamortized debt discounts and debt issuance costs | (222,940) | | | (97,435) | | Bank overdrafts | (11,488) | | | (8,623) | | Long-term debt, net | $ | 845,013 | | | $ | 1,127,321 | |
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Schedule of Maturities of Current and Long-term Debt |
Stated maturities with respect to current and long-term debt, excluding finance lease obligations, as of December 31, 2023 were as follows: | | | | | | | | | | | Amount | | | (U.S. Dollars in thousands) | 2024 | | $ | 223,904 | | 2025 | | 35,877 | | 2026 | | 349,720 | | 2027 | | 23,167 | | 2028 | | 408,561 | | Thereafter | | 19,423 | | Total | | $ | 1,060,652 | |
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