DEBT (Tables)

9 Months Ended

Sep. 30, 2021

The Company's long-term debt consists of the following:


	September 30, 2021				December 31, 2020
	Principal		Debt Issuance Costs		Principal		Debt Issuance Costs
	(amounts in thousands)
Term Loan, interest of 6.50% at September 30, 2021	$	99,750	$	(4,085)	$	—	$	—
Senior Secured Asset-Based Loan, interest of 1.58% and 2.73% at September 30, 2021 and December 31, 2020, respectively	4,000		(1,080)		53,408		(1,063)
Note Payable, interest of 2.00% per annum	2,426		—		4,851		—
Total debt	106,176		(5,165)		58,259		(1,063)
Less current portion - note payable	2,426		—		2,425		—
Less current portion - term loan	1,000		—		—		—
Long-term debt	$	102,750	$	(5,165)	$	55,834	$	(1,063)

Schedule of Aggregate Scheduled Maturities of Debt

As of September 30, 2021, the aggregate schedule for maturities of debt are as follows:


	Term Loan		Senior Secured Asset-Based Loan		Note Payable
	(amounts in thousands)
Through Years Ending December 31:
2021	$	250	$	—	$	—
2022	1,000		—		2,426
2023	1,000		—		—
2024	1,000		4,000		—
2025	1,000		—		—
Thereafter	95,500		—		—
Total	$	99,750	$	4,000	$	2,426

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details