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Debt Agreements (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Outstanding Debt Balances

The Company’s outstanding debt balances as of December 31, 2022 and 2021 consisted of the following (in thousands):

 

 

As of December 31,

 

 

 

2022

 

 

2021

 

Term Loan Facility due 2028

 

$

1,572,000

 

 

$

1,588,000

 

Term Loan Facility due 2026

 

 

418,026

 

 

 

418,026

 

Senior Notes due 2027

 

 

600,000

 

 

 

600,000

 

Total face value

 

 

2,590,026

 

 

 

2,606,026

 

Debt discount

 

 

(9,627

)

 

 

(12,164

)

Deferred financing fees

 

 

(17,562

)

 

 

(22,629

)

Total long-term debt

 

 

2,562,837

 

 

 

2,571,233

 

Less: current maturities

 

 

16,000

 

 

 

16,000

 

Long-term debt, net of current maturities

 

$

2,546,837

 

 

$

2,555,233

 

Schedule of Maturities of Long-term Debt

Scheduled maturities with respect to the Company’s long-term debt are as follows (in thousands):

 

2023

 

$

(16,000

)

2024

 

 

(16,000

)

2025

 

 

(16,000

)

2026

 

 

(434,026

)

2027

 

 

(616,000

)

Thereafter

 

 

(1,492,000

)

Total

 

$

(2,590,026

)