LONG-TERM DEBT (Tables)

6 Months Ended

Jun. 30, 2022

LONG-TERM DEBT

Schedule of long-term debt

	June 30,		December 31,
	2022		2021
	(Unaudited)
	(In thousands)
7.375% Senior Secured Notes due February 2028	$	800,000	$	825,000
PPP Loan		—		7,505
Total debt		800,000		832,505
Less: current portion of long-term debt		—		—
Less: original issue discount and issuance costs		12,619		13,889
Long-term debt, net	$	787,381	$	818,616

Schedule of future scheduled minimum principal payments

Future scheduled minimum principal payments of debt as of June 30, 2022, are as follows:

	7.375% Senior
	Secured Notes due
	February 2028		Total
	(In thousands)
July - December 2022	$	—	$	—
2023		—		—
2024		—		—
2025		—		—
2026		—		—
2027 and thereafter		800,000		800,000
Total Debt	$	800,000	$	800,000