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Long- Term Debt (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Summary of Long-term Debt Instruments

Long-term debt consists of the following:

 

 

June 30, 2022

 

 

December 31, 2021

 

Term loans

 

$

200,000

 

 

$

70,665

 

Delayed Draw loans

 

 

 

 

 

90,565

 

Revolving loan

 

 

11,000

 

 

 

 

Total long-term debt

 

 

211,000

 

 

 

161,230

 

Less: Current portion of long-term debt

 

 

(1,500

)

 

 

(1,323

)

Less: Unamortized discount and debt issue costs (1)

 

 

(6,136

)

 

 

(2,491

)

Total Long-Term Debt, Net of Current Portion
   and Unamortized Discount and Debt Issue Costs

 

$

203,364

 

 

$

157,416

 

Summary of Interest Expense

Interest expense consists of the following:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Interest expense

 

$

7,133

 

 

$

23,174

 

 

$

10,574

 

 

$

31,806

 

Summary of Maturities of Long-term Debt

Future principal payments on long-term debt are as follows:

Year Ended December 31,

 

Amount

 

Remainder of 2022

 

$

500

 

2023

 

 

2,000

 

2024

 

 

2,000

 

2025

 

 

2,000

 

2026

 

 

2,000

 

Thereafter

 

 

202,500

 

Total

 

$

211,000