INDEBTEDNESS (Tables)

12 Months Ended

Dec. 31, 2021

INDEBTEDNESS

Schedule of carrying value of the current and non-current components of the term loan

The carrying value of the current and non-current components of the Term Facility as of December 31, 2021 and Term Loan and Delayed Draw Term Loan under the Prior Credit Agreement as of December 31, 2020 are:

	Current
	December 31,		December 31,
(in thousands)	2021		2020
Current borrowing on debt	$	3,000	$	13,691
Deferred financing costs		(2,150)		(448)
Current debt, net of deferred financing costs	$	850	$	13,243

	Non-Current
	December 31,		December 31,
(in thousands)	2021		2020
Non-current borrowing on debt	$	297,000	$	165,755
Deferred financing costs		(10,480)		(812)
Non-current debt, net of deferred financing costs and current component	$	286,520	$	164,943

Schedule of contractual maturity of term loan and DDTL

The contractual maturity of our Term Facility is as follows for the years ending December 31:

(in thousands)	Term Facility
2022	$	3,000
2023		3,000
2024		3,000
2025		3,000
2026		3,000
2027 and thereafter		285,000
Total	$	300,000

Schedule of components of total interest expense related to the notes and term loan

The following table sets forth the components of total interest expense related to the Term Facility and the Term Loan, DDTL, and Revolver under our Prior Credit Agreement recognized in our consolidated statements of operations for the year ended December 31:

		Years Ended December 31,
(in thousands)	2021		2020		2019
Contractual coupon	$	11,129	$	8,847	$	6,635
Amortization of debt discount		—		—		5,647
Amortization of finance fees		914		720		1,377
Capitalized interest		(98)		(88)		(191)
	$	11,945	$	9,479	$	13,468