DEBT (Tables)

3 Months Ended

Mar. 31, 2023

DEBT

Schedule of debt

As of March 31, 2023 and December 31, 2022, the Company’s debt consisted of the following (in thousands):

	March 31, 2023		December 31, 2022
Term loan credit facility	$	230,000	$	235,000
Other		291		190
Total debt (Face Value)		230,291		235,190
Less:
Current portion of long-term debt(1)		(40,106)		(35,067)
Other(2)		(15,649)		(17,447)
Long-Term Debt, net	$	174,536	$	182,676

(1) Amounts primarily reflect amortization payments under the Amended Term Loan Agreement due within one year.

(2) Amounts primarily reflect unamortized debt issuance costs of approximately $11.6 million and $13.0 million at March 31, 2023 and December 31, 2022, respectively, but also includes remaining amounts to be accreted associated with the embedded derivative separately presented and further described in Note 6, Fair Value Measurements.

Schedule of prepayment premiums

The Company may elect, at its option, to prepay any borrowing outstanding under the Amended Term Loan Agreement subject to the following prepayment premiums:

Period (after applicable borrowing date(1))	Premium
Months 0 - 12	Make-whole amount equal to 12 months of interest plus 2.00%
Months 13 - 24	2.00%
Months 25-26	1.00%
Months 37-48	0.00%

(1) Applicable borrowing dates are November 2021 for the original $200 million borrowed and April and November 2022 for the $20 million and $15 million in delayed draw borrowings, respectively.