Debt (Tables)

12 Months Ended

Dec. 31, 2021

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


	December 31, 2021				December 31, 2020
	Principal		Debt Issuance Costs		Principal		Debt Issuance Costs
	(amounts in thousands)
Term Loan, interest of 6.50% at December 31, 2021	$	174,312	$	(5,396)	$	—	$	—
Senior Secured Asset-Based Loan, interest of 1.60% and 2.73% at December 31, 2021 and December 31, 2020, respectively	9,200		(991)		53,408		(1,063)
Note Payable, interest of 2.00% per annum	2,426		—		4,851		—
Total debt	185,938		(6,387)		58,259		(1,063)
Less current portion - note payable	2,426		—		2,425		—
Less current portion - term loan	1,750		—		—		—
Long-term debt	$	181,762	$	(6,387)	$	55,834	$	(1,063)

Schedule of Maturities of Long-term Debt

As of December 31, 2021, the aggregate schedule for maturities of debt are as follows:


	Term Loan		Senior Secured Asset-Based Loan		Note Payable
Through Years Ending December 31:	(amounts in thousands)
2022	$	1,750	$	—	$	2,426
2023	1,750		—		—
2024	1,750		9,200		—
2025	1,750				—
2026	1,750		—		—
Thereafter	165,562		—		—
Total	$	174,312	$	9,200	$	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