DEBT (Tables)

12 Months Ended

Dec. 31, 2021

DEBT

Schedule of long-term debt

	December 31,
$s in thousands	2021		2020
Revolving credit facility	$	303,000	$	347,000
Term loan		441,000		445,500
Unamortized term loan discount and debt issuance costs		(5,516)		(6,657)
Total debt		738,484		785,843
Current portion of long-term debt		(3,359)		(3,359)
Long-term debt	$	735,125	$	782,484

Schedule of future maturities of long-term debt, excluding the unamortized discount and debt issuance costs

$s in thousands	Maturities
2022	$	4,500
2023		4,500
2024		4,500
2025		4,500
2026		726,000
Thereafter		—
	$	744,000

Schedule of interest margins based on the total net leverage ratio

Consolidated Total Net Leverage Ratio	LIBOR Rate Loans Interest Margin	Base Rate Loans Interest Margin
Equal to or greater than 4.50 to 1.00	2.50%	1.50%
Equal to or greater than 4.00 to 1.00, but less than 4.50 to 1.00	2.25%	1.25%
Equal to or greater than 3.25 to 1.00, but less than 4.00 to 1.00	2.00%	1.00%
Equal to or greater than 2.50 to 1.00, but less than 3.25 to 1.00	1.75%	0.75%
Equal to or greater than 1.75 to 1.00, but less than 2.50 to 1.00	1.50%	0.50%
Equal to or greater than 1.00 to 1.00, but less than 1.75 to 1.00	1.25%	0.25%
Less than 1.00 to 1.00	1.00%	0.00%