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Debt (Tables)
3 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments

The Company’s debt as of March 31, 2022 and December 31, 2021 is as follows:

 

 

 

As of March 31, 2022

 

 

As of December 31, 2021

 

Debt Description

 

Interest Rate

 

 

Amount

 

 

Interest Rate

 

 

Amount

 

New Credit Agreement Revolver

 

 

3.99

%

 

 

22,000

 

 

 

3.60

%

 

 

27,000

 

New Credit Agreement Term Loan

 

 

4.51

%

 

 

124,219

 

 

 

3.72

%

 

 

125,000

 

Total principal long-term debt

 

 

 

 

 

146,219

 

 

 

 

 

 

152,000

 

Debt issuance costs

 

 

 

 

 

(1,713

)

 

 

 

 

 

(1,812

)

Total debt, net

 

 

 

 

 

144,506

 

 

 

 

 

 

150,188

 

Less: current portion of debt

 

 

 

 

 

25,423

 

 

 

 

 

 

29,697

 

Long-term debt, net of current portion

 

 

 

 

$

119,083

 

 

 

 

 

$

120,491