XML 49 R32.htm IDEA: XBRL DOCUMENT v3.22.4
Debt (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of the Company's Debt

The Company’s debt as of December 31, 2022 and 2021 consisted of the following:

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

 

(in millions)

 

Term Loan A Facility

 

$

125.0

 

 

$

125.0

 

Borrowings under the Revolving Facility

 

 

45.0

 

 

 

 

Unamortized debt issuance costs

 

 

(0.8

)

 

 

(1.0

)

Total long-term debt

 

$

169.2

 

 

$

124.0

 

Summary of Interest Expense

The following table summarizes interest expense, net included in the audited Consolidated Statements of Operations:

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

Interest incurred

 

$

10.0

 

 

$

19.8

 

 

$

25.6

 

Interest income

 

 

(0.8

)

 

 

(0.6

)

 

 

(0.4

)

Loss (gain) on debt extinguishment

 

 

 

 

 

7.4

 

 

 

(2.3

)

Less: capitalized interest

 

 

 

 

 

 

 

 

(0.1

)

Interest expense, net

 

$

9.2

 

 

$

26.6

 

 

$

22.8