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Debt (Tables)
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Summary of Debt, Net of Unamortized Deferred Loan Costs And Original Issue Discount

The Company's debt, net of unamortized deferred loan costs and original issue discount, consisted of the following at March 31, 2021 and December 31, 2020:

(In thousands)

 

March 31, 2021

 

 

December 31, 2020

 

Term Loan A

 

$

97,785

 

 

$

124,035

 

Term Loan B

 

 

334,890

 

 

 

372,240

 

 

 

 

432,675

 

 

 

496,275

 

Less: deferred loan costs and original issue discount

 

 

(27,469

)

 

 

(29,569

)

Total debt

 

 

405,206

 

 

 

466,706

 

Less: current portion (1)

 

 

(7,456

)

 

 

(7,456

)

Total long-term debt

 

$

397,750

 

 

$

459,250

 

  

 

 

(1)

Represents additional term loan principal due upon final settlement of the sale of Nutrisystem based on the estimated post-Closing adjustments.