INDEBTEDNESS (Tables)

9 Months Ended

Sep. 30, 2022

INDEBTEDNESS

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

	Current
	September 30,		December 31,
(in thousands)	2022		2021
Current borrowing on debt	$	3,000	$	3,000
Deferred financing costs		(2,150)		(2,150)
Current debt, net of deferred financing costs	$	850	$	850

	Non-Current
	September 30,		December 31,
(in thousands)	2022		2021
Non-current borrowing on debt	$	294,750	$	297,000
Deferred financing costs		(8,868)		(10,480)
Non-current debt, net of deferred financing costs and current component	$	285,882	$	286,520

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	$	750
2023		3,000
2024		3,000
2025		3,000
2026		3,000
2027 and thereafter		285,000
Total	$	297,750

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 during the three and nine months ended September 30, 2022 and interest expense under the Prior Credit Agreement during the three and nine months ended September 30, 2021, as recognized in the accompanying unaudited interim condensed consolidated statements of operations for the three and nine months ended September 30, 2022 and 2021:

	Three Months Ended				Nine Months Ended
	September 30,		September 30,		September 30,		September 30,
(in thousands)	2022		2021		2022		2021
Contractual coupon	$	6,834	$	2,342	$	19,014	$	7,032
Amortization of finance fees		592		175		1,773		527
Capitalized interest		(31)		(17)		(80)		(74)
	$	7,395	$	2,500	$	20,707	$	7,485