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Debt (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Debt debt balance is as follows:

 

 

 

December 31,

 

(in thousands)

 

2022

 

 

2021

 

Principal balance under First Lien Term Loan Facility

 

$

667,068

 

 

$

674,097

 

Less: Unamortized debt issuance costs and discounts

 

 

(8,243

)

 

 

(11,210

)

 

 

$

658,825

 

 

$

662,887

 

 

Amortization of debt issuance costs and discounts related to our term loan of $3.0 million was recognized as interest expense in the consolidated statements of operations for each of the years ended December 31, 2022, 2021 and 2020.

Schedule of Future Principal Payments Under Debt Agreements

The following table presents details of the future principal payments under the First Lien Term Loan Facility at December 31, 2022:

 

(in thousands)

 

 

 

Year Ending December 31,

 

 

 

2023

 

$

7,029

 

2024

 

 

7,029

 

2025

 

 

653,010

 

Total principal payments

 

$

667,068