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Debt (Tables)
12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt

The Company’s outstanding debt as of December 31, 2019 is as follows (in thousands):

 

 

As of December 31, 2019

 

 

 

Amount

 

 

Effective

Interest Rate

 

Term Loan A Facility

 

$

100,000

 

 

 

3.48

%

Less: Debt issuance costs

 

 

(392

)

 

 

 

 

Net carrying amount of debt

 

$

99,608

 

 

 

 

 

 

Schedule of Interest Expense Recognized in Relation to Debt The following table sets forth the Company’s interest expense recognized in relation to the debt (in thousands):

 

 

 

Year Ended

 

 

 

December 31, 2019

 

Contractual interest expenses related to Term Loan A Facility

 

$

420

 

Amortization of debt issuance costs

 

 

11

 

Total interest expense

 

$

431